Payment of amounts in respect of VAT. Where, pursuant to the terms of this Agreement, any party (the “Supplier”) makes a supply to any other party (the “Recipient”) hereto for VAT purposes and VAT is or becomes chargeable on such supply (being VAT for which the Supplier is required to account to the relevant Tax Authority):
Appears in 10 contracts
Samples: Intra Group Vehicle Purchasing Agreement (Hertz Corp), Lease and Servicing Agreement (Hertz Corp), Intra Group Vehicle Purchasing Agreement (Hertz Corp)
Payment of amounts in respect of VAT. Where, pursuant to the terms of this Agreement, any party (the “Supplier”) makes a supply to any other party (the “Recipient”) hereto for VAT purposes and VAT is or becomes chargeable WEIL:\96789897\1\52396.0010 on such supply (being VAT for which the Supplier is required to account to the relevant Tax Authority):
Appears in 1 contract
Payment of amounts in respect of VAT. Where, pursuant to the terms of this Agreement, any party (the “Supplier”) makes a supply to any other party (the “Recipient”) hereto for VAT purposes and VAT is or becomes chargeable on such supply (being VAT for which the Supplier is required to account to the relevant Tax Authority):) the Recipient shall, following receipt from the Supplier of a valid VAT invoice in respect of such supply, pay to the Supplier (in addition to any other consideration for such supply) a sum equal to the amount of such VAT.
Appears in 1 contract
