Exclusive of VAT Clause Samples

The 'Exclusive of VAT' clause defines that all prices or amounts stated in the contract do not include Value Added Tax (VAT), which will be added separately where applicable. In practice, this means that if a product or service is priced at a certain amount, the buyer should expect to pay that amount plus any VAT required by law, and the seller is responsible for calculating and adding the correct VAT to invoices. This clause ensures clarity in pricing by preventing misunderstandings about whether VAT is included, and helps both parties comply with tax regulations.
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Exclusive of VAT. Unless otherwise provided, any sum stated to be payable under a Transaction Document by one Transaction Party to another is exclusive of any VAT chargeable on the supply for which that sum is the consideration (in whole or in part) for VAT purposes.
Exclusive of VAT. All sums payable pursuant to this Agreement shall be deemed to be exclusive of any VAT which is chargeable on the supply or supplies for which such sums are the consideration for VAT purposes.
Exclusive of VAT. Each and every element of consideration (including monetary payments and the provision of non-monetary consideration) due under this Agreement from the Tenant is exclusive of any VAT and where any such payment is the consideration for a taxable supply for VAT purposes, the consideration is to be increased by the amount of VAT which is chargeable on that that supply and the Tenant will pay to the Landlord such VAT upon receipt of a valid VAT invoice addressed to the Tenant.
Exclusive of VAT. Call-Off Contract charges The breakdown of the Charges is based on SFIA rates for this service. The full breakdown of these roles and rates are displayed in Schedule 2.
Exclusive of VAT. All amounts payable under this Agreement or any of the Loan Documents by any Credit Party to Agent or any Lender shall be deemed to be exclusive of VAT. If any VAT is chargeable on any supply made by Agent or any Lender to any Credit Party in connection with this Agreement or any of the Loan Documents, that Credit Party shall, subject to receipt of a valid VAT invoice, pay to such Agent or Lender (in addition to and at the same time as paying the amount for such supply) an amount equal to the amount of the VAT.
Exclusive of VAT. The Contracting Parties have agreed that the Lessee will pay the rent and the lump-sum for services on a monthly basis, in the amount of €50.00 exclusive of VAT, based on an invoice issued by the Lessor. Based on an agreement between the Parties, the period of maturity of the invoice shall be 30 days from the date of delivery of the invoice to the other Party. The invoice shall contain the date of maturity of the invoice. The Contracting Parties have agreed that the Lessor shall send invoices to the other Party by post as registered letters. The invoices sent by post shall be considered delivered on the date of mail take-over by the Contracting Party. The Lessor shall invoice VAT to the rent amount in accordance with the legal regulations in force and effect.
Exclusive of VAT. 0 The work assigned to the sub-contractor shall be paid according to the following pricing**
Exclusive of VAT. All prices are exclusive of Value Added Tax and, to the extent that such tax is properly referable or chargeable to ntl, ntl shall pay the same in addition to the Charges against delivery of a valid VAT invoice.

Related to Exclusive of VAT

  • Exclusive License Subject to the terms and conditions of this Agreement, Licensor hereby grants to Licensee an exclusive, royalty-bearing license, with the right to grant sublicenses (subject to the provisions of Section 2.1(d) below), in the Territory to and under the Exclusively Licensed Know-How to research, develop, make, have made, use, have used, sell, have sold, offer for sale, import and export Licensed Products in the Field.

  • Exclusive Negotiations The State will not bargain collectively or meet with any employee organization other than MSEA-SEIU with reference to terms and conditions of employment of employees covered by this Agreement. If any such organizations request meetings they will be advised by the State to transmit their requests concerning terms and conditions of employment to MSEA-SEIU.

  • NONEXCLUSIVE AGREEMENT This is not an exclusive agreement. Apple is free to engage others to perform Services or provide Goods the same as or similar to Seller's. Seller is free to, and is encouraged to, advertise, offer, and provide Seller's Services and/or Goods to others; provided however, that Seller does not breach this Agreement.

  • Exclusive Use (A) After the Occupancy Date, Lessee expressly agrees and warrants that the Leased Premises will be used exclusively as a Champps Restaurant or other casual dining sit-down restaurant. In any other such case, after obtaining Lessor's prior written consent, such consent not to be unreasonably withheld or delayed, Lessee may conduct any lawful business from the Leased Premises. Lessee acknowledges and agrees that any other use without the prior written consent of Lessor will constitute a default under and a violation and breach of this Lease. Lessee agrees: To open for business within a reasonable period of time after completion of construction of the contemplated Improvements; to operate all of the Leased Premises during the Term or Renewal Terms during regular and customary hours for businesses similar to the permitted exclusive use stated herein, unless prevented from doing so by causes beyond Lessee's control or due to remodeling; and to conduct its business in a professional and reputable manner. (B) If the Leased Premises are not operated as a Champps Restaurant or other casual dining sit-down restaurant or other permitted use hereunder, or remain closed for thirty (30) consecutive days (unless such closure results from reasons beyond Lessee's reasonable control) and in the event Lessee fails to pay Rent when due or fulfill any other obligation hereunder, then Lessee shall be in default hereunder and Lessor may, at its option, cancel this Lease by giving written notice to Lessee or exercise any other right or remedy that Lessor may have; provided, however, that closings shall be reasonably permitted for replacement of trade fixtures or during periods of repair after destruction or due to remodeling.

  • Exclusive Procedure The grievance procedure set out above shall be exclusive and shall replace any other grievance procedure for adjustment of any disputes arising from the application and interpretation of this Agreement.