Harmonized Sales Tax. Any portion of the Harmonized Sales Tax that is refundable by the Canada Revenue Agency as an input tax credit or as a rebate shall be deemed to be an Ineligible Cost. Any portion of the Provincial Sales Tax that is refundable by the respective provincial tax authority shall be deemed to be an Ineligible Cost.
Harmonized Sales Tax. (a) The parties hereto acknowledge and agree that the transaction contemplated herein is subject to the Harmonized Sales Tax (HST) under the Excise Tax Act, R.S.C., 1985, c. E-15 (the “Act”) and that the Purchase Price does not include HST. The Vendor shall provide the Purchaser with its HST Business Number. The Purchaser shall pay to the Vendor any HST imposed under the Act payable in connection with the transfer of the Property to the Purchaser, or as it may direct, unless the Purchaser or its nominee, or its assignee, provides:
Harmonized Sales Tax. 1 The Contractor shall not include in the Bid Form Amount Harmonized Sales Tax (HST), but shall pay HST on all materials and services on which the tax is charged. The Contractor shall show the amount of the HST to be paid on the Bulk Sum Price separately.
Harmonized Sales Tax. ORAL REPRESENTATIONS DO NOT FORM PART OF NOR CAN THEY AMEND THIS AGREEMENT.
Harmonized Sales Tax. (a) The Purchase Price set out above includes the Goods and Services Tax and the Harmonized Sales Tax (“HST”) payable pursuant to the Excise Tax Act (Canada) and the applicable laws governing the Harmonized Sales Tax (the “HST Legislation”) net of Rebates as provided for in this Agreement, being herein defined as the Net HST, and the Purchase Price has been established on the basis that the Rebate or Rebates, as applicable, will be assigned to the Vendor, in addition to such Purchase Price. The current rate of HST is 13 percent and this is the rate that is applicable to this Agreement before netting out the Rebates from such HST. The Purchaser acknowledges that the Purchase Price stipulated in this Agreement has been calculated on the basis that the Purchaser shall qualify for and assign to and/or reimburse the Vendor the maximum Rebate based on the Purchase Price set out herein as adjusted, save and except as hereinafter set out to the contrary. This can also be stated as (and with the Purchaser acknowledging and agreeing to) the HST being applicable to this Agreement being calculated on the basis of the Purchase Price less the Net HST.
Harmonized Sales Tax. 3.1 The Purchase Price of the Property does not include HST payable by the Purchaser. Subject to Article 3.2 below, the Purchaser agrees to pay to the Vendor, on the Date of Closing, as a condition of completion of this transaction by certified cheque or bank draft, all HST payable as a result of this transaction in accordance with the Act.
Harmonized Sales Tax. (HST) or Goods and Services Taxes (GST) In addition to the payments required by the CTA, HST or GST (where applicable) shall be paid to registered Artists.
Harmonized Sales Tax. (a) It is acknowledged and agreed by the parties hereto that the Purchase Price already includes a component equivalent to both the federal portion and the provincial portion of the harmonized goods and services tax or single sales tax exigible with respect to this purchase and sale transaction less the Rebate as defined below (hereinafter referred to as the “HST”), and that the Vendor shall remit the HST to CRA on behalf of the Purchaser forthwith following the completion of this transaction. The Purchaser hereby warrants and represents to the Vendor that with respect to this transaction, the Purchaser qualifies for the federal and provincial new housing rebates applicable pursuant to the Excise Tax Act (Canada), as may be amended, (collectively, the “Rebate”) and further warrants and represents that the Purchaser is a natural person who is acquiring the Property with the intention of being the sole beneficial owner thereof on the Closing Date (and not as the agent or trustee for or on behalf of any other party or parties), and covenants that upon the Closing Date, the Purchaser or one or more of the Purchaser’s relations (as such term is defined in the Excise Tax Act) shall personally occupy the Unit as his primary place of residence, for such period of time as shall be required by the Excise Tax Act, and any other applicable legislation, in order to entitle the Purchaser to the Rebate (and the ultimate assignment thereof to and in favour of the Vendor) in respect of the Purchaser’s acquisition of the Real Property. The Purchaser further warrants and represents that he has not claimed (and hereby covenants that the Purchaser shall not hereafter claim), for the Purchaser’s own account, any part of the Rebate in connection with the Purchaser’s acquisition of the Real Property, save as may be otherwise hereinafter expressly provided or contemplated. The Purchaser hereby irrevocably assigns to the Vendor all of the Purchaser’s rights, interests and entitlements to the Rebate (and concomitantly releases all of the Purchaser’s claims or interests in and to the Rebate, to and in favour of the Vendor), and hereby irrevocably authorizes and directs CRA to pay or credit the Rebate directly to the Vendor. In addition, the Purchaser shall execute and deliver to the Vendor, forthwith upon the Vendor’s or Vendor’s solicitors request for same (and in any event on or before the Closing Date), all requisite documents and assurances that the Vendor or the Vendor’s solicit...
Harmonized Sales Tax. Except as otherwise provided herein, all costs quoted in this Agreement are exclusive of sales tax. The Harmonized Sales Tax (HST) is applicable to commercial rents and payment is the responsibility of the Tenant. Any future revisions to the HST or any other municipal, provincial or federal sales taxes that are applicable to commercial rents shall be paid by the Tenant.
Harmonized Sales Tax. The Purchaser hereby acknowledges and agrees that the Purchase Price herein does not include the Harmonized Sales Tax ("HST") and that the Purchaser shall be responsible to pay and remit any applicable HST which is in addition to the Purchase Price. Notwithstanding the foregoing, the Purchaser shall be entitled to "self-assess" its liability for HST provided it shall have complied with the applicable provisions of the Excise Tax Act allowing self-assessment and provided that it shall deliver to the Vendor on or before closing, an indemnity with respect to the Purchaser's liability for remittance of the HST.
