Liability to pay GST Sample Clauses

Liability to pay GST. If a party makes a taxable supply under this Agreement (Supplier), then the recipient of the taxable supply (Recipient) must also pay, in addition to the consideration for that supply, the amount of GST payable in respect of the taxable supply at the time the consideration for the taxable supply is payable.
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Liability to pay GST. Subject to Clause 7.5 if a party makes a taxable supply in connection with this Lease for a consideration which, under Clause 7.2 or Clause 7.5, represents its value then the party liable to pay for the taxable supply must also pay, at the same time and in the same manner as the value is otherwise payable, the amount of any GST payable in respect of the taxable supply.
Liability to pay GST. If a party makes a taxable supply under this Agreement (Supplier), then the recipient of the taxable supply (Recipient) must also pay, in addition to the consideration for that supply, the amount of GST payable in respect of the taxable supply at the time the consideration for the taxable supply is payable. Tax invoice Notwithstanding the foregoing, the Recipient is not obliged under this Agreement to pay the amount of any GST payable until the Supplier provides it with a valid tax invoice for the taxable supply. Adjustment event If an adjustment event arises in relation to a taxable supply made by a Supplier under this Agreement, the amount paid or payable by the Recipient pursuant to clause 15.3 will be amended to reflect this and a payment will be made by the Recipient to the Supplier or vice versa as the case may be. Reimbursement of expenses If a third party makes a taxable supply and this Agreement requires a party to this Agreement (the payer) to pay for, reimburse or contribute to (pay) any expense or liability incurred by the other party to that third party for that taxable supply, the amount the payer must pay will be the amount of the expense or liability plus the amount of any GST payable in respect thereof but reduced by the amount of any input tax credit to which the other party is entitled in respect of the expense or liability. Non merger This clause does not merge on completion and will continue to apply after expiration or termination of this Agreement. Notices
Liability to pay GST. If a party makes a taxable supply under this agreement (Supplier), then the recipient of the taxable supply (Recipient) must also pay, in addition to the consideration for that supply, the amount of GST payable in respect of the taxable supply at the time the consideration for the taxable supply is payable. Tax invoice Notwithstanding the foregoing, the Recipient is not obliged under this agreement to pay the amount of any GST payable until the Supplier provides it with a valid tax invoice for the taxable supply. Adjustment event If an adjustment event arises in relation to a taxable supply made by a Supplier under this agreement, the amount paid or payable by the Recipient pursuant to clause 16.3 will be amended to reflect this and a payment will be made by the Recipient to the Supplier or vice versa as the case may be. Reimbursement of expenses If a third party makes a taxable supply and this agreement requires a party to this agreement (the payer) to pay for, reimburse or contribute to (pay) any expense or liability incurred by the other party to that third party for that taxable supply, the amount the payer must pay will be the amount of the expense or liability plus the amount of any GST payable in respect thereof but reduced by the amount of any input tax credit to which the other party is entitled in respect of the expense or liability. Non merger This clause does not merge on completion and will continue to apply after expiration or termination of this agreement. Confidentiality and announcements Acknowledgement Each party acknowledges that: the Confidential Information of the party disclosing Confidential Information (disclosing party) is the property of the disclosing party; the disclosing party's Confidential Information provided prior to the date of this agreement was given on the condition that it be kept confidential; and the right to maintain the confidentiality of the disclosing party's Confidential Information is a proprietary right which the disclosing party is entitled to protect. Obligation to maintain confidentiality The party receiving Confidential Information (receiving party) must: take such precautions which are reasonably necessary to maintain the confidentiality of the disclosing party's Confidential Information; only disclose the disclosing party's Confidential Information to those of its employees, contractors, agents and representatives who need to know the Confidential Information for the purposes of this agreement, and only ...
Liability to pay GST. If the Vendor makes a taxable supply under this Contract that is not a supply the consideration for which is specifically described as GST -inclusive, then the Purchaser must also pay, in addition to the consideration for that supply, the amount of GST payable in respect of the taxable supply as follows:
Liability to pay GST. Subject to clause 2.3, if the whole or any part of a Payment by a party to this Agreement is the consideration for a taxable supply (Payer), the Payer must pay the GST Amount in respect of the Payment to the Payee as an additional amount, at the same time and in the same manner as the Payment is otherwise payable or as otherwise agreed in writing.

Related to Liability to pay GST

  • Obligation to Pay Royalties A royalty is due Stanford under this Agreement for any activity conducted under the licenses granted. For convenience’s sake, the amount of that royalty is calculated using Net Sales. Nonetheless, if certain Licensed Products are made, used, imported, or offered for sale before the date this Agreement terminates, and those Licensed Products are sold after the termination date, ***** will pay Stanford an earned royalty for its exercise of rights based on the Net Sales of those Licensed Products.

  • Failure to Pay Interest The Borrower fails to pay or cause to be paid any part of the Exchange Note Interest Payment Amount, as specified in the Exchange Note Supplement, when due, and such failure continues for five (5) Business Days after the due date or such other length of time as specified in the Exchange Note Supplement;

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