Common use of Non-Monetary Consideration Clause in Contracts

Non-Monetary Consideration. If a supply made under this Agreement is a Taxable Supply made for non-monetary consideration then: (a) the Supplier must provide the Recipient with a valid Tax Invoice which states the nature of the Taxable Supply and the nature and GST inclusive market value (within the meaning of the GST law) of the non-monetary consideration; and (b) the Recipient must pay the Supplier a GST Charge equivalent to the GST payable by the Supplier on the Taxable Supply.

Appears in 4 contracts

Samples: Queensland Default Coordination Agreement, Queensland Default Coordination Agreement, Queensland Default Coordination Agreement

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Non-Monetary Consideration. If a supply made under this Agreement is a Taxable Supply made for non-non- monetary consideration consideration, then: (a) the Supplier must provide the Recipient with a valid Tax Invoice which states the nature of the Taxable Supply and the nature and GST inclusive market value (within the meaning of the GST law) of the that non-monetary consideration; and (b) for the Recipient must pay the Supplier a avoidance of doubt, any non-monetary consideration payable under or in connection with this Agreement is GST Charge equivalent to the GST payable by the Supplier on the Taxable Supplyinclusive.

Appears in 3 contracts

Samples: User Funding – Extension Infrastructure Agreement, Reference User Funding Agreement (Rufa), User Funding – Extension Infrastructure Agreement

Non-Monetary Consideration. If a supply made under this Agreement is a Taxable Supply made for non-monetary consideration then: (a) the Supplier must provide the Recipient with a valid Tax Invoice which states the nature of the Taxable Supply and the nature and GST inclusive market value (within the meaning of the GST law) of the non-monetary consideration; and (b) for the Recipient must pay the Supplier a avoidance of doubt any non-monetary consideration payable under or in connection with this Agreement is GST Charge equivalent to the GST payable by the Supplier on the Taxable Supplyinclusive.

Appears in 3 contracts

Samples: Service Agreement, Terms and Conditions, Service Agreement

Non-Monetary Consideration. If a supply made under this Agreement is a Taxable Supply made for non-monetary consideration then: (a) the Supplier must provide the Recipient with a valid Tax Invoice which states the nature of the Taxable Supply and the nature and GST inclusive market value (within the meaning of the GST law) of the non-non- monetary consideration; and (b) for the Recipient must pay the Supplier a avoidance of doubt any non- monetary consideration payable under or in connection with this Agreement is GST Charge equivalent to the GST payable by the Supplier on the Taxable Supplyinclusive.

Appears in 1 contract

Samples: Goods and Services Agreement

Non-Monetary Consideration. If a supply made under this Agreement is a Taxable Supply made for non-monetary consideration then: (a) the Supplier must provide the Recipient with a valid Tax Invoice which states the nature of the Taxable Supply and the nature and GST inclusive market value (within the meaning of the GST law) of the non-monetary consideration; andand Electricity Industry Code: Eighth Edition 31 (b) the Recipient must pay the Supplier a GST Charge equivalent to the GST payable by the Supplier on the Taxable Supply.

Appears in 1 contract

Samples: Queensland Default Coordination Agreement

Non-Monetary Consideration. If a supply made under this Agreement is a Taxable Supply made for non-monetary consideration consideration, then: (a) the Supplier must provide the Recipient with a valid Tax Invoice which states the nature of the Taxable Supply and the nature and GST inclusive market value (within the meaning of the GST law) of the non-monetary consideration; and (b) for the Recipient must pay the Supplier a avoidance of doubt any non-monetary consideration payable under or in connection with this Agreement is GST Charge equivalent to the GST payable by the Supplier on the Taxable Supplyinclusive.

Appears in 1 contract

Samples: Service Agreement

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Non-Monetary Consideration. If a supply made under this Agreement is a Taxable Supply made for non-monetary consideration thenconsiderationthen: (a) the Supplier must provide the Recipient with a valid Tax Invoice which states the nature of the Taxable Supply and the nature and GST inclusive market value (within the meaning of the GST law) of the non-monetary consideration; and (b) for the Recipient must pay the Supplier a avoidance of doubt any non-monetary consideration payable under or in connection with this Agreement is GST Charge equivalent to the GST payable by the Supplier on the Taxable Supplyinclusive.

Appears in 1 contract

Samples: Service Agreement

Non-Monetary Consideration. If a supply made under this Agreement Deed is a Taxable Supply made for non-monetary consideration consideration, then: (a) the Supplier must provide the Recipient with a valid Tax Invoice which states the nature of the Taxable Supply and the nature and GST inclusive market value (within the meaning of the GST law) of the that non-monetary consideration; and (b) for the Recipient must pay the Supplier a avoidance of doubt, any non-monetary consideration payable under or in connection with this Deed is GST Charge equivalent to the GST payable by the Supplier on the Taxable Supplyinclusive.

Appears in 1 contract

Samples: Reference User Funding Agreement (Rufa)

Non-Monetary Consideration. If a supply made under this Agreement is a Taxable Supply made for non-monetary consideration then: (ai) the Supplier must provide the Recipient with a valid Tax Invoice which states the nature of the Taxable Supply and the nature and GST inclusive market value (within the meaning of the GST law) of the non-monetary consideration; and (bii) for the Recipient must pay the Supplier a avoidance of doubt any non-monetary consideration payable under or in connection with this Agreement is GST Charge equivalent to the GST payable by the Supplier on the Taxable Supplyinclusive.

Appears in 1 contract

Samples: Retailer Incentive Scheme Agreement

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