Payment of VAT. Where any taxable supply for VAT purposes is made under or in connection with this contract by one party to the other the payer shall, in addition to any payment required for that supply, pay such VAT as is chargeable in respect of it.
Payment of VAT. Where, under or pursuant to the terms of this Agreement, any party (the "SUPPLIER") makes a supply to another person (the "RECIPIENT") for VAT purposes and VAT is or becomes chargeable on such supply for which the Supplier is required to account to HM Revenue & Customs or another tax authority, the Recipient shall pay an additional amount to the Supplier equal to that VAT, provided that the Recipient has received a valid VAT invoice from the Supplier in respect of that supply.
Payment of VAT. The consideration for all supplies for VAT purposes made or deemed to be made under or in connection with this agreement shall be deemed to be exclusive of VAT. The party receiving the supply in question shall pay to the party making that supply (in addition to the consideration) all VAT for which the party making the supply is required to account to HMRC in relation to that supply. All VAT payable under this agreement shall be paid at the same time as the payment (or provision of consideration) to which the VAT relates, subject to delivery of a valid VAT invoice to the party receiving the supply from the party making the supply.
Payment of VAT. The Council will pay any value added tax properly due to the Provider on any part of the outstanding monies due to the Provider under this Agreement.
Payment of VAT. Tenant shall pay VAT on rent and service charges at -------------- the rate in force from time to time, at present 16 %. Tenant states that Tenant will perform entrepreneurial activities in the premises within the meaning of the German Turnover Tax Act and that Tenant will exclusively utilize the premises for turnovers which are subject to deduction of prior tax. Tenant shall deliver to Landlord, upon the latter's substantiated request a written declaration, for submission to the competent tax office by Landlord, to the effect that Tenant utilizes the premises exclusively for turnovers which do not exclude the deduction of prior tax. To the extent that Landlord must furnish further proof in this regard to the tax authorities, Tenant shall be obligated to furnish the pertinent proof to Landlord or directly to the tax authorities. Tenant agrees its intention that it will continue the entrepreneurial activities within the meaning of the Turnover Tax Law during the term hereof. In case it turns out during the term hereof, that the entrepreneurial activities of Tenant within the meaning of the Turnover Tax Act have ceased to be performed, Tenant shall be liable to compensate the damage to Landlord which is caused to Landlord by the fact that the tax authorities do not accept the fact that Tenant continues its entrepreneurial activities and, for this reason, Landlord can deduct prior tax. Landlord agrees to provide Tenant any documents which Tenant may require in order to deduct the turnover tax paid by Tenant to Landlord as pretax.
Payment of VAT. Where, pursuant to the terms of this Agreement, the Developer (for the purposes of this Clause 29.1, being the "Supplier") makes or is deemed to make a supply to the Tenant (for the purposes of this Clause 29.1, being the "Recipient") for Value Added Tax purposes and Value Added Tax is or becomes chargeable on such supply, the Recipient shall on demand pay to the Supplier (in addition to any other consideration for such supply) a sum equal to the amount of such Value Added Tax and the Supplier shall provide the Recipient with a Value Added Tax invoice in respect of such supply
Payment of VAT. 11.2.1 To the extent that the Vendor and the Purchaser are not in the same VAT group at the time of Completion, they shall use all reasonable endeavours to secure that pursuant to the said art 5, the sale of the Business Assets pursuant to this Agreement is treated as neither a supply of goods nor a supply of services for the purposes of VAT and the Vendor and the Purchaser shall agree the form of a letter to be sent to their respective VAT offices seeking confirmation that art 5 applies to the transfer of Business Assets.
Payment of VAT. Sums payable under this Agreement are exclusive of VAT. An obligation to pay money includes an obligation to pay any VAT chargeable on that payment. When a taxable supply is made for the purposes of VAT under this Agreement, a valid VAT invoice is to be issued in respect of that supply.
Payment of VAT. IFX will issue an invoice in line with the German VAT Act for the full amount of the [****] DPI Germany will than deduct the remaining input VAT amounting [****] in its next monthly VAT return. As soon as the competent tax authorities of DPI Germany have refunded the input VAT, DPI Germany will effect an additional payment [****] to IFX in cash to an account specified by IFX. In case that the refund to DPI Germany by the tax authorities is delayed beyond June 15, 2004 due to a special VAT audit ("Umsatzsteuersonderprüfung") at DPI Germany caused by the invoice mentioned above, beginning June 15, 2004 the said payment of [****] will be subject to interest at a rate of 5% per annum over the ECB base interest rate ("Basiszinssatz") until the payment is completely effected.
Payment of VAT. Each Seller to which funds are wired which funds are intended to cover value added tax assessed on the purchase and sale of the Purchased Assets under the Purchase Agreement shall, upon request of Purchaser, promptly and timely pay such taxes and provide Purchaser with reasonable evidence of such payment.”
