Common use of Liability net of GST Clause in Contracts

Liability net of GST. Any reference in the calculation of Consideration or of any indemnity, reimbursement or similar amount to a cost, expense or other liability incurred by a party, must exclude the amount of any Input Tax Credit entitlement of that party in relation to the relevant cost, expense or other liability. A party will be assumed to have an entitlement to a full Input Tax Credit unless it demonstrates otherwise prior to the date on which the Consideration must be provided.

Appears in 12 contracts

Samples: www.qldbulkterminals.com, Reintegration Facility Services Agreement, Container Packing Agreement

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Liability net of GST. Any reference in the calculation of Consideration or of any indemnity, reimbursement or similar amount to a cost, expense or other liability incurred by a party, must exclude the amount of any Input Tax Credit entitlement of that party in relation to the relevant cost, expense or other liability. A party will be assumed to have an entitlement to a full Input Tax Credit unless it demonstrates otherwise prior to the date on which the Consideration must be provided.

Appears in 9 contracts

Samples: Funding Agreement (Alcoa Corp), Settlement Agreement & Mutual Release (Tipperary Corp), Funding Agreement (Alcoa Inc)

Liability net of GST. Any reference in the calculation of Consideration consideration or of any indemnity, reimbursement or similar amount to a cost, expense or other liability incurred by a party, must exclude the amount of any Input Tax Credit entitlement of that party in relation to the relevant cost, expense or other liability. A party will be assumed to have an entitlement to a full Input Tax Credit unless it demonstrates otherwise prior to the date on which the Consideration must be provided.

Appears in 4 contracts

Samples: And Purchase Agreement (Interoil Corp), Share Purchase Agreement (Interoil Corp), PRL 15 Sale Agreement (Interoil Corp)

Liability net of GST. Any reference in the calculation of Consideration or of any indemnity, reimbursement or similar amount to a cost, expense or other liability incurred by a party, party must exclude the amount of any Input Tax Credit entitlement of that party in relation to the relevant cost, expense or other liability. A party will be assumed to have an entitlement to a full Input Tax Credit unless it demonstrates otherwise prior to the date on which the Consideration must be provided.

Appears in 4 contracts

Samples: Production Joint Venture Agreement (BHP Billiton PLC), Rio Tinto LTD, Rio Tinto LTD

Liability net of GST. Any reference in the calculation of Consideration Consideration, or of any indemnity, reimbursement or similar amount amount, to a cost, expense or other liability incurred by a partyParty, must exclude the amount of any Input Tax Credit entitlement of that party Party in relation to the relevant cost, expense or other liability. A party Party will be assumed to have an entitlement to a full Input Tax Credit unless it demonstrates otherwise prior to the date on which the Consideration must be provided.

Appears in 4 contracts

Samples: Funding Agreement, Funding Agreement, www.qca.org.au

Liability net of GST. Any reference in the calculation of Consideration or of any indemnity, reimbursement or similar amount under this Agreement to a cost, expense or other liability incurred by a party, must exclude the amount of any Input Tax Credit entitlement of that party in relation to the relevant cost, expense or other liability. A party will be assumed to have an entitlement to a full Input Tax Credit unless it demonstrates otherwise prior to the date on which the Consideration must be provided.

Appears in 3 contracts

Samples: Access Agreement, Access Agreement, www.esc.vic.gov.au

Liability net of GST. Any reference in the calculation of Consideration or of any indemnity, reimbursement or similar amount to a cost, expense or other liability incurred by a party, party must exclude the amount of any Input Tax Credit entitlement of that party in relation to the relevant cost, expense or other liability. A party will be assumed to have an entitlement to a full Input Tax Credit unless it demonstrates otherwise prior to the date on which the Consideration must be provided.. Owner Guarantee—Deed of Indemnity

Appears in 2 contracts

Samples: Production Joint Venture Agreement (BHP Billiton PLC), BHP Billiton PLC

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Liability net of GST. Any reference in the calculation of Consideration or of any indemnity, reimbursement or similar amount to a cost, expense or other liability Liability incurred by a party, must party will exclude the amount of any Input Tax Credit entitlement of that party in relation to the relevant cost, expense or other liabilityLiability. A party will be assumed deemed to have an entitlement to a full Input Tax Credit unless it demonstrates otherwise prior to the date on which the Consideration must be provided.

Appears in 1 contract

Samples: getonboardaustralia.com.au

Liability net of GST. Any reference in the calculation of Consideration or of any indemnity, reimbursement or similar amount to a cost, expense or other liability incurred by a party, must exclude the amount of any Input Tax Credit entitlement of that party in relation to the relevant cost, expense or other liability. A party will be assumed to have an entitlement to a full Input Tax Credit unless it demonstrates otherwise prior to the date on which the Consideration must be provided.

Appears in 1 contract

Samples: www.citywestwater.com.au

Liability net of GST. Any reference in the calculation of Consideration or of any indemnity, reimbursement or similar amount to a cost, expense or other liability incurred by a party, must exclude the amount of any Input Tax Credit entitlement of that party in relation to the relevant cost, expense or other liability. A party will be assumed to have an entitlement to a full Input Tax Credit unless it demonstrates otherwise prior to the date on which the Consideration must be provided.liability.‌

Appears in 1 contract

Samples: Agreement

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