Common use of Variation of GST Clause in Contracts

Variation of GST. If the GST payable in relation to a supply made under or in connection with this Agreement varies from the additional amount paid by the Recipient under clause 11.3(a) then the Supplier will provide a corresponding refund or credit to, or will be entitled to receive the amount of that variation from, the Recipient. Any payment, credit or refund under this clause 11.4 is deemed to be a payment, credit or refund of the additional amount payable under clause 11.3(a). Where there is an adjustment event, the Supplier must issue an adjustment note to the Recipient as soon as the Supplier becomes aware of the adjustment event.

Appears in 2 contracts

Samples: Rules and Brokerage Agreement, Rules and Brokerage Agreement

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Variation of GST. If the GST payable in relation to a supply made under or in connection with this Agreement deed varies from the additional amount GST Amount paid by the Recipient under clause 11.3(a) 14.4, then the Supplier will provide a corresponding refund or credit to, or will be entitled to receive the amount of that variation from, the Recipient. Any payment, credit or refund under this clause 11.4 14.5 is deemed to be a payment, credit or refund of the additional amount GST Amount payable under clause 11.3(a)14.4. Where there is an adjustment event, the Supplier must issue an adjustment note to the Recipient as soon as the Supplier becomes aware of the adjustment event.

Appears in 2 contracts

Samples: Attachment H, Attachment H

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Variation of GST. If the GST payable in relation to a supply made under or in connection with this Agreement varies from the additional amount paid by the GST Recipient under clause 11.3(a) 16.2(c), then the GST Supplier will provide a corresponding refund or credit to, or will be entitled to receive the amount of that variation from, the GST Recipient. Any payment, credit or refund under this clause 11.4 16.2(d) is deemed to be a payment, credit or refund of the additional amount payable under clause 11.3(a16.2(c). Where there is an adjustment event, the GST Supplier must issue an adjustment note to the GST Recipient as soon as the GST Supplier becomes aware of the adjustment event.event.β€Œ

Appears in 1 contract

Samples: Research Grant Funding Agreement

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