DEEMED SUPPLIES definition

DEEMED SUPPLIES. Where, pursuant to or in connection with this agreement, we are deemed or treated by applicable law or the practice from time to time of the relevant fiscal authority to make a supply for VAT purposes to any person by virtue of our or any custodian for us relinquishing physical control of any Precious Metal, and VAT is or becomes chargeable on such supply, you shall on demand pay to us a sum equal to the amount of such VAT and we shall on receipt of such payment provide an invoice or receipt in such form and within such period as may be prescribed by applicable law to the person to which we are deemed or treated to make such supply.
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DEEMED SUPPLIES. Where, pursuant to or in connection with this agreement, we are deemed or treated by applicable law or the practice from time to time of the relevant fiscal authority to make a supply for VAT purposes to any person by virtue of our or any custodian for us relinquishing physical control of any Precious Metal, and VAT is or becomes chargeable on such supply, you shall on demand pay to us a sum equal to the amount of such VAT and we shall on receipt of such payment provide an invoice or receipt in such form and within such period as may streetTRACKS(R) Gold Trust Participant Unallocated Bullion Account Agreement be prescribed by applicable law to the person to which we are deemed or treated to make such supply.
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DEEMED SUPPLIES. Where, pursuant to or in connection with this agreement, we are deemed or treated by applicable law or the practice from time to time of the relevant fiscal authority to make a supply for VAT purposes to any person by virtue of our or any custodian for us relinquishing physical control of any Precious Metal, and VAT is or becomes chargeable on such supply, you shall on demand pay to us a sum equal to the amount of such VAT and we shall on receipt of such payment provide an invoice or receipt in such form and within such period as may Equity Gold Trust Participant Unallocated Bullion Account Agreement be prescribed by applicable law to the person to which we are deemed or treated to make such supply.
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Related to DEEMED SUPPLIES

  • Supplies means all property, except land and interests in land, that is clearly identifiable for eventual use by or owned by the DoD at the time of transportation by sea.

  • mixed supply means two or more individual supplies of goods or services, or any combination thereof, made in conjunction with each other by a taxable person for a single price where such supply does not constitute a composite supply.

  • Feed ingredient means each of the constituent materials making up a commercial feed.

  • Related Supplier means any person who provides goods and/or services to the Customer which are related to the Goods and/or Services from time to time;

  • Inert ingredient means an ingredient which is not an active ingredient.