VAT Refund definition

VAT Refund means (without double counting any amount of input tax recovered, whether by refund, credit, set-off or otherwise) any:

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.

Examples of VAT Refund in a sentence

• For greater certainty, any VAT Refund that is or is not applied for by any Seller Subsidiary on or after the Closing Date that relates to the period commencing as at and from the Closing Date, and such VAT Refund is received by any Seller Subsidiary, shall be retained for its own use absolutely.

• The Buyer covenants and agrees to use commercially reasonable efforts, and to cause the Seller Subsidiaries to use commercially reasonable efforts, to diligently pursue the receipt of any VAT Refund relating to any period before Closing, including assisting with any application for such VAT Refund, until such VAT Refund is received or a final, non-appealable ruling is received with respect thereto.

• If at any time any Seller Subsidiary shall receive any VAT Refund that has been or is applied for pursuant to this Section 3.17, in whole or in part, or from time to time, the Buyer shall promptly pay to Seller cash in an amount denominated in U.S. dollars at the Exchange Rate equal to 85% of the VAT Refund so received by wire transfer of immediately available funds to an account designated by the Seller, together with proof reasonably acceptable to Seller as to such VAT Refund received,.

• For greater certainty, no VAT Refund will be included in the Closing Date Working Capital Calculation.

• Withholding Tax Refund; • VAT Refund from the State Budget; • Corporate Taxation; • Tax Support and Structure in M&A Transactions; • Tax Investment Preferences and Tax Planning; • Taxation of Bank and Financial Transactions; • Taxation of Subsoil Users; • Taxation of Non-Residents; • Taxation of Individuals; • Tax Due Diligence (Tax Audit); • Representation and Protection of Interests in the Course of Tax Disputes; For additional information, please visit xxx.xxxxxxxx.xxx, or contact xxx@xxxxxxxx.xxx.

More Definitions of VAT Refund

VAT Refund means any refund of VAT received by the Borrower in cash from the Italian Tax authorities.

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 has the meaning given to it in the VAT Facility Agreement.

VAT Refund means the excess VAT paid by the Original Borrower during 2002 which can be reclaimed from the Spanish Authorities in January 2003.

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 any refund of VAT received by the Company from a Tax Authority on or before Completion.

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.