Common use of Construction Matters Clause in Contracts

Construction Matters. d) Subject to Schedule “H” attached hereto the Purchaser acknowledges that the Purchase Price has been calculated on the basis of the Vendor receiving the full benefit of the Rebate in an amount applicable as of the date of execution of this Agreement. If the Vendor does not receive the benefit of the Rebate, whether or not as a result of the Purchaser’s acts or omissions, the Purchase Price shall be increased by the amount of the Rebate not received. e) The Purchaser agrees to pay as an Adjustment on the Closing Date the GST/HST exigible on any Adjustments to the Purchase Price credited to the Vendor on the Adjustments.

Appears in 9 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

Construction Matters. d) Subject to Schedule “H” attached hereto the Purchaser acknowledges that the Purchase Price has been calculated on the basis of the Vendor receiving the full benefit of the Rebate in an amount applicable as of the date of execution of this Agreement. If the Vendor does not receive the benefit of the Rebate, whether or not as a result of the Purchaser’s acts or omissions, the Purchase Price shall be increased by the amount of the Rebate not received. e) The Purchaser agrees to pay as an Adjustment on the Closing Date the GST/HST exigible on any Adjustments to the Purchase Price credited to the Vendor on the Adjustments.. DRAFT

Appears in 1 contract

Sources: Purchase and Sale Agreement