VAT Claim definition

VAT Claim means the claim of TFM against the Mexican Government for refund of a value added tax payment and a related value added tax certificate in the original amount of 2,111,111,790 Mexico pesos, including amounts payable pursuant to the October 11, 2002 judgment, or any similar subsequent judgment, by the Tribunal Colegiado en Materia Administrativa del Primer Circuito in favor of TFM related to such claim.
VAT Claim means a Tax Claim in respect of VAT;
VAT Claim means any assessment, notice, demand, letter or other document issued or action taken by or on behalf of any Tax Authority from which it appears that any VAT Indemnified Person is or may be subject to a VAT liability (including interest and penalties) for which the VAT Indemnifying Persons are or may be liable under Clause 6.1;

Examples of VAT Claim in a sentence

  • If the VAT Payment exceeds the Put Purchase Price as calculated on the date that the VAT Payment is received, KCS shall pay or cause TFM to pay to TMM within 90 days after the VAT Payment and Final Resolution of the VAT Claim the first $25,000,000 received above the Put Purchase Price, and 15% of any additional amount received above the Put Purchase Price beyond the first $25,000,000 (but such 15% payment shall not exceed $50,000,000).

  • As part of the services to be performed under the Consulting Agreement, Consultant shall have the right to, and shall, manage the negotiation, prosecution and settlement of the VAT Claim and any extensions or other modifications of the obligations under the Put.

  • On June 29, 2023, the Company submitted its Request for Arbitration for the NAFTA VAT Claim to ICSID in order to preserve its legacy claim within NAFTA's applicable limitation period.

  • NAFTA VAT ClaimOn March 31, 2023, the Company filed a new Notice of Intent on its own behalf and on behalf of PEM under Chapter 11 of NAFTA to invite the Government of Mexico to engage in discussions to resolve the dispute regarding the ongoing denial of access to PEM’s VAT refunds ("NAFTA VAT Claim") within the stipulated 90-day consultation period.

  • Buyer shall assign and herewith assigns its input VAT reimbursement claim ("Vorsteuererstattungsanspruch oder Vorsteuervergutungsanspruch") against the German tax authorities in context with the delivery of the Inventory to Buyer and which is calculated in accordance with Section 1.01(a)(iii) (the "VAT Claim") to Seller in the form legally necessary (the "VAT Assignment").


More Definitions of VAT Claim

VAT Claim means the Company’s claim for a refund, credit or other payment of amounts of value added tax previously paid by the Company to Mexico.
VAT Claim means the VAT claims together with the relevant interest accrued arising from the reimbursement request to be delivered by each of SAE2, SAE4 and SAE5 to the Tax Authority with respect to the annual VAT declaration for year 2017.
VAT Claim means a claim asserted by the Buyer in respect of, or arising in connection with a Third Party Claim caused by, a violation of any of the VAT Representations.
VAT Claim means a claim against the Seller for breach of or under Clause 7.3.2; “Vendor Model” means the financial model produced for the purposes of the NGGH Transfer and contained in the Data Room (document 27.1.2.3); “Voting Power of Attorney” means the power of attorney in the Agreed Form to be executed by the Seller in favour of XxxX MidCo to enable XxxX MidCo (pending registration of the
VAT Claim means any correspondence or dispute or potential dispute with (or claim by) HM Revenue & Customs as to (i) whether VAT or insurance premium tax should have been (or should be) accounted for in connection with any amount paid to the Company by its customers in order to reduce the excess which applies to them in the event of certain accidents and (ii) the quantum of any liability arising in respect of the same.
VAT Claim shall have the meaning set forth in Section 1.04 of the Agreement.
VAT Claim means the claim being pursued at the date of this Agreement by Premex Services Limited, Premex Services (Liverpool) Limited and Xxxxxxx Medical Reporting Service Limited in accordance with the Francovich principles for damages against the Treasury and HMRC in respect of the impact on such Companies of the UK Government’s failure to change UK VAT law following the EC Sixth VAT Directive and the principal EC VAT Directive in the sum of approximately £1.75 million plus compound interest