Common use of Valid Invoice Clause in Contracts

Valid Invoice. The Supplier shall indemnify the Contracting Authority on a continuing basis against any liability, including any interest, penalties or costs incurred, which is levied, demanded or assessed on the Contracting Authority at any time (whether before or after the making of a demand pursuant to the indemnity hereunder) in respect of the Supplier’s failure to account for or to pay any VAT relating to payments made to the Supplier under this Call Off Contract. Any amounts due under Clause 23.2 (VAT) shall be paid in cleared funds by the Supplier to the Contracting Authority not less than five (5) Working Days before the date upon which the tax or other liability is payable by the Contracting Authority.

Valid Invoice. The Supplier shall indemnify the Contracting Authority on a continuing basis against any liability, including any interest, penalties or costs incurred, which is levied, demanded or assessed on the Contracting Authority at any time (whether before or after the making of a demand pursuant to the indemnity hereunder) in respect of the Supplier’s failure to account for or to pay any VAT relating to payments made to the Supplier under this Call Off Contract. Any amounts due from the Supplier to the Authority under this Clause 23.2 17.2 (VAT) shall be paid in cleared funds by the Supplier to the Contracting Authority not less than five (5) Working Days before the date upon which the tax or other liability is payable by the Contracting Authority.