Liability to pay GST. Subject to Clause 7.4, if a party makes a taxable supply in connection with this agreement for a consideration which under Clause 7.2 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.
Appears in 2 contracts
Samples: Asset Sale Agreement (Novagen Solar Inc.), Rescission Agreement (Novagen Ingenium Inc.)
Liability to pay GST. Subject to Clause 7.4, 7.5 if a party makes a taxable supply in connection with this agreement Lease for a consideration which which, under Clause 7.2 or Clause 7.5, represents its value, 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.
Appears in 2 contracts
Liability to pay GST. Subject to Clause 7.48.4, if a party makes a taxable supply in connection with this agreement for a consideration which under Clause 7.2 8.2 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.
Appears in 1 contract
Liability to pay GST. Subject to Clause 7.49.5, if a party makes a taxable supply in connection with this agreement for a consideration which under Clause 7.2 9.3 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.
Appears in 1 contract
