Common use of Transfer Tax Gross Up Clause in Contracts

Transfer Tax Gross Up. In the event that any payment or forfeiture under this Agreement is deemed by the Excise Tax Act (Canada) to include GST/HST, or is deemed by any applicable provincial or territorial legislation to include a similar value added or multi-staged tax, the amount of such payment or forfeiture shall be increased accordingly.

Appears in 7 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement, Asset Purchase Agreement

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