Basic Consideration definition

Basic Consideration means the consideration (whether in money or otherwise) to be paid or provided to the Provider for any supply or use of any goods, services or other things under this contract (other than tax payable pursuant to this clause).
Basic Consideration means the Consideration to be paid or provided to the Provider for any Taxable Supply under this Agreement (other than GST payable pursuant to this Clause).
Basic Consideration means all consideration (whether in money or otherwise) to be paid or provided by the Lessee for any supply or use of the Premises and any goods, services or other things provided by the Lessor under this Lease (other than tax payable pursuant to this clause);

Examples of Basic Consideration in a sentence

  • If, at any time, the GST Rate is increased, the Lessor may, in addition to the GST Rate, increase the Basic Consideration by the GST Adjustment Rate and such amount shall be payable in accordance with subclause 11.2(a)(ii).

  • Where the Basic Consideration is to be increased to account for GST pursuant to subclause 11.2, the Lessor shall in the month in which the Basic Consideration is to be paid, issue an invoice which enables the Lessee to submit a claim for a credit or refund of GST.


More Definitions of Basic Consideration

Basic Consideration means all consideration (whether in money or otherwise) to be paid or provided by the Licensee for any supply or use of the Licensed Premises and any goods, services or other things provided by the Licensor under this Licence (other than tax payable pursuant to this clause);
Basic Consideration means a sum equal to the Total Consideration less the No Embarrassment Payment (if any);
Basic Consideration means any and all consideration (whether in money or otherwise) to be paid or provided by you for any supply of goods or services by us under this Agreement (other than tax payable pursuant to this clause); and (b) "goods", "services", and "taxable supply" have the meanings ascribed to them by the GST Act. If, for any reason, we are deemed or assessed to have received gross income in respect of the collection of any default or penalty GST, you will gross up the amount by paying to us such additional payment which, after any deductions or withholdings (including any in relation to the payment under this clause), will result in the receipt by us of the full amount which would otherwise have been received had that assessment not been made, together with any other amounts payable in respect of the gross income such that we will then be in the position we would have been in had the GST been paid on the due date. If, for any reason, any deduction or withholding for or on account of any Tax (a "Tax Payment") is required by law to be made from or in relation to any amount paid or payable by you to us under this Agreement, you will gross up the amount by paying to us such additional amount which, after the Tax Payment (including any in relation to the payment under this clause), will result in the receipt by us on the due date of the full amount as we would have been entitled to receive and retain absent any requirement to make any such Tax Payment.
Basic Consideration means the sum of (pound)3,379,999 payable for the Shares on Completion pursuant to clause 3.1

Related to Basic Consideration

  • Initial Consideration shall have the meaning set forth in Section 5.01.

  • Cash Consideration has the meaning set forth in Section 2.2.

  • Additional Consideration has the meaning set forth in Section 3.2.

  • Total Consideration means, with respect to any Acquisition, the sum (but without duplication) of (a) cash paid in connection with any Acquisition, (b) Indebtedness payable to the seller in connection with such Acquisition, (c) the fair market value of any equity securities, including any warrants or options therefor, delivered in connection with any Acquisition, and (d) the amount of Indebtedness assumed in connection with such Acquisition.

  • Stock Consideration has the meaning set forth in Section 2.01(c).

  • Earn-Out Consideration is defined in Section 2.5(c).

  • Designated Noncash Consideration means the fair market value of noncash consideration received by the Company or one of its Restricted Subsidiaries in connection with an Asset Sale that is so designated as Designated Noncash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation, executed by the principal executive officer or the principal financial officer of the Company, less the amount of cash and Cash Equivalents received in connection with a sale or collection of such Designated Noncash Consideration.

  • Unit Consideration has the meaning set forth in Section 2.2(a).

  • Purchase Consideration means the aggregate net cash proceeds received by the Company or Specialty Foods Corporation ("SFC") (after deducting all fees and expenses incurred by the Company, SFC and/or their respective affiliates in connection with the Sale). By way of example, if the Purchase Consideration equaled $500,000,000, your Sale Bonus would be $500,000. The Sale Bonus shall be paid to you within three (3) months of the completion of the Sale.

  • Share Consideration has the meaning given to it in Section 2.2;

  • Merger Consideration has the meaning set forth in Section 3.1(a).

  • Non-Cash Consideration means consideration in a form other than cash.

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Option Consideration has the meaning set forth in Section 3.3(a).