Common use of HST Clause in Contracts

HST. If the sale of the property (Real Property as described above) is subject to Harmonized Sales Tax (HST), then such tax shall be in addition to the Purchase Price. The Seller will not collect HST if the Buyer provides to the Seller a warranty that the Buyer is registered under the Excise Tax Act (“ETA”), together with a copy of the Buyer’s ETA registration, a warranty that the Buyer shall self-assess and remit the HST payable and file the prescribed form and shall indemnify the Seller in respect of any HST payable. The foregoing warranties shall not merge but shall survive the completion of the transaction. If the sale of the property is not subject to HST, Seller agrees to certify on or before closing, that the transaction is not subject to HST. Any HST on chattels, If applicable, is not included in the Purchase Price.

Appears in 8 contracts

Samples: Commission Trust Agreement, Commission Trust Agreement, Commission Trust Agreement

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HST. If the sale of the property (Real Property as described above) is subject to Harmonized Sales Tax (HST), then such tax shall be in addition to the Purchase Price. The Seller will not collect HST if the Buyer provides to the Seller a warranty that the Buyer is registered under the Excise Tax Act ("ETA"), together with a copy of the Buyer’s 's ETA registration, a warranty that the Buyer shall self-assess and remit the HST payable and file the prescribed form and shall indemnify the Seller in respect of any HST payable. The foregoing warranties shall not merge but shall survive the completion of the transaction. If the sale of the property is not subject to HST, Seller agrees to certify on or before closing, that the transaction is not subject to HST. Any HST on chattels, If applicable, is not included in the Purchase Pricepurchase price.

Appears in 5 contracts

Samples: Commission Trust Agreement, Commission Trust Agreement, Commission Trust Agreement

HST. If the sale of the property (Real Property as described above) is subject to Harmonized Sales Tax (HST), then such tax shall be in addition to the Purchase Price. The Seller will not collect HST if the Buyer provides to the Seller a warranty that the Buyer is registered under the Excise Tax Act ("ETA"), together with a copy of the Buyer’s 's ETA registration, a warranty that the Buyer shall self-assess and remit the HST payable and file the prescribed form and shall indemnify the Seller in respect of any HST payable. The foregoing warranties shall not merge but shall survive the completion of the transaction. If the sale of the property is not subject to HST, Seller agrees to certify on or before closing, that the transaction is not subject to HST. Any HST on chattels, If applicable, is not included in the Purchase Price.

Appears in 3 contracts

Samples: Commission Trust Agreement, Commission Trust Agreement, www.reboxu.com

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HST. If the sale of the property (Real Property as described above) is subject to Harmonized Sales Tax (HST), then such tax shall be in addition to the Purchase Price. The Seller Vendor will not collect HST if the Buyer Purchaser provides to the Seller Vendor a warranty that the Buyer Purchaser is registered under the Excise Tax Act (“ETA”), together with a copy of the BuyerPurchaser’s ETA registration, a warranty that the Buyer Purchaser shall self-assess and remit the HST payable and file the prescribed form and shall indemnify the Seller Vendor in respect of any HST payable. The foregoing warranties shall not merge but shall survive the completion of the transaction. If the sale of the property is not subject to HST, Seller Vendor agrees to certify on or before closing, that the transaction is not subject to HST. Any HST on chattels, If if applicable, is not included in the Purchase Pricepurchase price.

Appears in 1 contract

Samples: Agreement of Purchase and Sale

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