Common use of Payment of VAT Clause in Contracts

Payment of VAT. Where, under or pursuant to the terms of this Agreement, any party (the "SUPPLIER") makes a supply to another person (the "RECIPIENT") for VAT purposes and VAT is or becomes chargeable on such supply for which the Supplier is required to account to HM Revenue & Customs or another tax authority, the Recipient shall pay an additional amount to the Supplier equal to that VAT, provided that the Recipient has received a valid VAT invoice from the Supplier in respect of that supply.

Payment of VAT. Where, under or pursuant to the terms of this Agreement, any party (the "SUPPLIER"“Supplier”) makes a supply to another person any other party (the "RECIPIENT"“Recipient”) for VAT purposes and VAT is or becomes chargeable on such supply for which the Supplier is required to account to HM Revenue & Customs or another tax authoritysupply, the Recipient shall pay an additional amount to the Supplier on the date of such supply or, if later, on receipt of a valid properly addressed VAT invoice, a sum equal to that the amount of such VAT, provided that the Recipient has received a valid VAT invoice from the Supplier in respect of that supply.

Payment of VAT. Where, under or pursuant to the terms of this Agreement, any party Party (the "SUPPLIERSupplier") makes a supply to another person any other Party (the "RECIPIENTRecipient") for VAT purposes and VAT is or becomes chargeable on such supply for which the Supplier is required to account to HM Revenue & Customs or another tax authoritysupply, the Recipient shall pay an additional amount shall, subject to the Supplier equal to that VAT, provided that receipt by the Recipient has received of a valid VAT invoice from the Supplier in respect of such supply from the Supplier, pay to the Supplier (in addition to and at the same time as any other consideration for that supply) a sum equal to the amount of such VAT.