Common use of IVA Clause in Contracts

IVA. Spinco agrees that if it receives from the Mexican taxation authorities any funds in repayment or as a refund of IVA paid in relation to the ▇▇▇▇▇▇▇ Project, it will forward such funds forthwith without deduction to Acquiror or to Acquiror’s direction.

Appears in 2 contracts

Sources: Arrangement Agreement (Levon Resources Ltd.), Arrangement Agreement (Levon Resources Ltd.)