Common use of GST/HST Gross Up Clause in Contracts

GST/HST Gross Up. If any payment made by the Seller or Purchaser pursuant to this Article X or Article XI is deemed by the Excise Tax Act (Canada) to include goods and services tax or harmonized sales tax, or is deemed by any applicable provincial or territorial legislation to include a similar value added or multi-staged tax, the amount of such payment shall be increased accordingly.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Iron Mountain Inc)

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GST/HST Gross Up. If any payment made by the Seller Xxxxxx Canada or Purchaser Buyer pursuant to this Article X or Article ARTICLE XI is deemed by the Excise Tax Act (Canada) to include goods and services tax or tax/harmonized sales tax, or is deemed by any applicable provincial or territorial legislation to include a similar value added or multi-staged tax, the amount of such payment shall be increased accordinglyaccordingly so that the party receiving indemnification is not affected by the incidence of any such Tax.

Appears in 1 contract

Samples: Asset Sale Agreement (Harris Corp /De/)

GST/HST Gross Up. If any payment made by the Canadian Seller or Purchaser the Buyer pursuant to this Article X or Article XI IX is deemed by the Excise Tax Act (Canada) to include goods and services tax or harmonized sales taxGST/HST, or is deemed by any applicable provincial or territorial legislation to include a similar value added or multi-staged tax, the amount of such payment shall be increased accordingly.

Appears in 1 contract

Samples: Asset Sale Agreement (Nant Health, LLC)

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GST/HST Gross Up. If any payment made by MFI or the Seller or Purchaser pursuant to this Article X 9 or Article XI Section 10.3 is deemed by the Excise Tax Act (Canada) or the Act respecting the Quebec sales tax to include goods and services tax or tax, harmonized sales tax, or Quebec sales tax or is deemed by any applicable provincial or territorial legislation to include a similar value added or multi-staged tax, the amount of such payment shall be increased accordingly.

Appears in 1 contract

Samples: Acquisition Agreement (Darling International Inc)

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