VAT Refund definition

VAT Refund means any refund due and owing pursuant to applicable Law by the Servicio de Administración Tributaria to a Seller Subsidiary in respect of value added Tax; and
VAT Refund means the amount of value added taxes paid or payable to the Borrower by Mexico as a result of matters pending on June 16, 1997 with respect to such value added taxes.
VAT Refund means (without double counting any amount of input tax recovered, whether by refund, credit, set-off or otherwise) any:

Examples of VAT Refund in a sentence

  • All amounts held in the Irish VAT Refund Account from time to time shall remain uninvested pending conversion to U.S. dollars and transfer to the Collections Account.

  • All payments of refunds with respect to Irish value-added tax and any other amounts related to Irish tax payments payable to any Borrower Group Member shall be, when received, deposited in the Irish VAT Refund Account.

  • Upon conversion and receipt of U.S. dollars, the Cash Manager shall cause such amounts to be deposited from the Irish VAT Refund Account to the Collections Account as soon as administratively practicable.

  • 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.

  • Funds held in the Irish VAT Refund Account shall be converted into U.S. dollars with a recognized foreign exchange dealer or foreign commercial bank (which may be the bank where the Irish VAT Refund Account is located or the Cash Manager or an affiliate).


More Definitions of VAT Refund

VAT Refund. Clause 2.6.2(i) “Bad Receivables on Benchmark Date” Clause 2.6.3(i)
VAT Refund means any amount subject to VAT refunds by the SHCP and whose VAT Refund Request is, or was, the basis for requesting a Loan Borrowing, including interest and restatements payable by the SHCP for delays incurred in making such refunds.
VAT Refund means any refund of VAT received by the Borrower in cash from the Italian Tax authorities.
VAT Refund means any refund of VAT received by the Company from a Tax Authority on or before Completion.
VAT Refund means the receivable in the amount of $1,632,606 from the Belgian government as set forth in the consolidated ledger of Nexell International.
VAT Refund means the refund for value added Taxes relating to the sale of certain assets from SunOpta Mexico to Sunrise Mexico in 2018.
VAT Refund means the U.S. Dollar Equivalent, as of the date of receipt by the Buyer, of any and all amounts received by the Buyer from the Servicio de Administracion Tributaria (whether in cash or as a credit against VAT payable by the Buyer) with respect to the VAT equivalent amount charged to the Buyer with respect to the sale of the Assessed Acquired Assets in excess of the amount necessary to pay the Banorte VAT Loan Amount to the Lender; provided that the aggregate amount of all VAT Refunds shall not exceed the Initial Holdback Amount.