Common use of Social Services Tax, Goods and Services Tax and the Income Tax Act Clause in Contracts

Social Services Tax, Goods and Services Tax and the Income Tax Act. The Purchaser will be liable for and shall pay all provincial sales taxes and registration charges and transfer fees properly payable upon and in connection with the sale and transfer of the Assets by the Vendor to the Purchaser. At closing, each of the Purchaser and the Vendor shall make the elections provided for by s. 167 of the Excise Tax Act and s. 22 of the Income Tax Act, respectively, in the appropriate forms.

Social Services Tax, Goods and Services Tax and the Income Tax Act. The Purchaser will be liable for and shall pay all provincial sales taxes and registration charges and transfer fees properly payable upon and in connection with the sale and transfer of the Assets by the Vendor to the Purchaser. At closing, each of the Purchaser and the Vendor shall make the elections provided for by s. 167 of the Excise Tax Act and s. 22 of the Income Tax Act, respectively, in the appropriate forms.

Social Services Tax, Goods and Services Tax and the Income Tax Act. The Purchaser Purchasers will be liable for and shall pay all provincial sales taxes and registration charges and transfer fees properly payable upon and in connection with the sale and transfer of the Assets by the Vendor to the PurchaserPurchasers. At closing, each of the Purchaser Purchasers and the Vendor shall make such tax elections under the elections provided for by s. 167 of the Canada Excise Tax Act and s. 22 of the Income Tax Act, respectively, in as may be required by the appropriate formsPurchasers.

Social Services Tax, Goods and Services Tax and the Income Tax Act. The Purchaser will be liable for and shall pay all provincial sales taxes and registration charges and transfer fees properly payable upon and in connection with the sale and transfer of the Assets by the Vendor to the Purchaser. At closing, each of the Purchaser and the Vendor shall make the elections provided for by s. 167 of the Excise Tax Act and s. 22 of the Income Tax Act, respectively, in the appropriate formsforms attached as the Schedule of GST Election and the Schedule of Accounts Receivable Election.

Social Services Tax, Goods and Services Tax and the Income Tax Act. The Purchaser will be liable for and shall pay all federal and provincial sales taxes (including any GST and retail sales taxes), other taxes, duties, fees, registration charges and transfer fees properly payable upon and in connection with the sale and transfer of the Assets by the Vendor to the Purchaser. At closing, each of the Purchaser and the Vendor shall may make the elections provided for by s. 167 of the Excise Tax Act and s. 22 of the Income Tax Act, respectively, Act in the appropriate formsforms attached hereto as Schedule 8.03 (the "Schedule of Elections").