Common use of Recovery of GST Clause in Contracts

Recovery of GST. If a Supply under this Lease is subject to GST: (a) the Recipient of the Supply must pay, in addition to the other consideration payable or to be provided for the Supply, an additional amount equal to the GST; and (b) the Recipient must pay the additional amount to the supplier at the same time as the other consideration. However, the Recipient need not pay the additional amount until the supplier gives the Recipient a Tax Invoice.

Recovery of GST. If a Supply under this Lease is subject to GST: (ai) the Recipient of the Supply must pay, in addition to the other consideration payable or to be provided for the Supply, an additional amount equal to the GST; and (bii) the Recipient must pay the additional amount to the supplier at the same time as the other consideration. However, the Recipient need not pay the additional amount until the supplier gives the Recipient a Tax Invoice.

Recovery of GST. If a Supply under this Lease Document is subject to GST: (a) the Recipient of the Supply must pay, in addition to the other consideration payable or to be provided for the Supply, an additional amount equal to the GST; and (b) the Recipient must pay the additional amount to the supplier at the same time as the other consideration. However, the Recipient need not pay the additional amount until the supplier gives the Recipient a Tax Invoice.