Examples of VAT Amount in a sentence
Term of VAT Refund, Minimum Refundable VAT Amount and Refund ProcedureAMENDED: By Law No. XI-518 of 03 12 2009 (from 01 01 2010) 1.
To the extent HMRC or the other Tax Authority determines that NortonLifeLock (or another member of the NortonLifeLock Group) is not entitled to recover that VAT, Avast shall refund the Recoverable VAT Amount if already received by it to NortonLifeLock.
In the event the A/P VAT Amount for such calendar quarter is greater than the A/R VAT Amount, then Seller shall pay, or cause to be paid, an amount in cash equal to the amount of the excess of the such A/P VAT Amount over such A/R VAT Amount to Purchaser or its designee (as Purchaser shall direct by written notice delivered to Seller) by wire transfer of immediately available funds within thirty (30) days of Seller’s receipt of the applicable VAT Statement.
The payment of any amounts pursuant to this Section 7.3 shall not be subject to any set-offs, holdbacks or other reductions or restrictions; provided, however, that no payment shall be made pursuant to this Section 7.3 to the extent of the portion of such A/R VAT Amount or A/P VAT Amount reflected in the calculations of Closing Working Capital, as finally determined in connection with the Final Purchase Price.
If under this Agreement one Party makes a supply to the other Party for VAT purposes and VAT is or becomes chargeable on that supply, then the Party receiving the supply shall pay the Party making the supply a sum equal to the amount of VAT chargeable (the "VAT Amount") in addition to the consideration payable for the supply.