Basic Consideration definition

Basic Consideration means the consideration (whether in money or otherwise) to be paid or provided to the Provider for any supply or use of any goods, services or other things under this contract (other than tax payable pursuant to this clause).
Basic Consideration means the Consideration to be paid or provided to the Provider for any Taxable Supply under this Agreement (other than GST payable pursuant to this Clause).
Basic Consideration means all consideration (whether in money or otherwise) to be paid or provided by the Lessee for any supply or use of the Premises and any goods, services or other things provided by the Lessor under this Lease (other than tax payable pursuant to this clause);

Examples of Basic Consideration in a sentence

  • Where the Basic Consideration is to be increased to account for GST pursuant to subclause 11.2, the Lessor shall in the month in which the Basic Consideration is to be paid, issue an invoice which enables the Lessee to submit a claim for a credit or refund of GST.

  • If, at any time, the GST Rate is increased, the Lessor may, in addition to the GST Rate, increase the Basic Consideration by the GST Adjustment Rate and such amount shall be payable in accordance with subclause 11.2(a)(ii).

  • At the Closing, Buyer shall transfer the Basic Consideration and the Interest to one or two bank accounts in the Seller's name and designated by Seller.

  • The Preliminary Consideration may be adjusted pursuant to ------------- Section 4.01 hereof (as so adjusted, the "Basic Consideration").

  • If the installments of Basic Consideration till the date of termination and /or cancelation paid by the Allottee are less than the aforesaid amount to be forfeited / deducted, then Promoter will be entitled to recover the balance amount from the Allottee and the Allottee shall pay the same to Promoter within a period of 45 (forty five) days from the date of termination and /or cancellation.

  • If the variation in carpet area of Unit is more than 3% (three percent) then the Basic Consideration and Other Charges (calculated on area basis) payable for the Carpet Area shall be recalculated respectively for the changed area, upon confirmation by Promoter.

  • The Basic Consideration and the Interest shall be payable in either US dollars or in New Israeli Shekels calculated in accordance with the representative rate of exchange published by the Bank of Israel most recently prior to the date and time of actual payment (the "Representative Rate") or partially in US dollars and partially in New Israeli Shekels (per the Representative Rate as aforesaid), at the election of the Buyer.

  • In addition to the Basic Consideration, the Housing Company will pay the Company the additional consideration as defined in Clause 6.3 below, plus V.A.T. as prescribed by law (the Basic Consideration together with the additional consideration will be referred to below as: “the Consideration”).

  • The Basic Consideration and the charges as mentioned in Forth Schedule are exclusive of any taxes, levies, cesses, imposts or such charge, cost or outlays by whatever name called, charged, levied, imposed, and payable in respect of the purchase of the said Unit or howsoever arising from the transaction contemplated herein to any Government/Semi Government/Local Authority.

  • The Basic Consideration shall be allocated among the Shareholders as follows: Parent Cash for Applicable Name of Shareholder Cash Consideration Common Stock Fractional Shares Percentage ------------------- ------------------ ------------ ----------------- ---------- ▇▇▇▇▇▇ ▇.


More Definitions of Basic Consideration

Basic Consideration means all consideration (whether in money or otherwise) to be paid or provided by the Licensee for any supply or use of the Licensed Premises and any goods, services or other things provided by the Licensor under this Licence (other than tax payable pursuant to this clause);
Basic Consideration means any and all consideration (whether in money or otherwise) to be paid or provided by you for any supply of goods or services by us under this Agreement (other than tax payable pursuant to this clause); and (b) "goods", "services", and "taxable supply" have the meanings ascribed to them by the GST Act. If, for any reason, we are deemed or assessed to have received gross income in respect of the collection of any default or penalty GST, you will gross up the amount by paying to us such additional payment which, after any deductions or withholdings (including any in relation to the payment under this clause), will result in the receipt by us of the full amount which would otherwise have been received had that assessment not been made, together with any other amounts payable in respect of the gross income such that we will then be in the position we would have been in had the GST been paid on the due date. If, for any reason, any deduction or withholding for or on account of any Tax (a "Tax Payment") is required by law to be made from or in relation to any amount paid or payable by you to us under this Agreement, you will gross up the amount by paying to us such additional amount which, after the Tax Payment (including any in relation to the payment under this clause), will result in the receipt by us on the due date of the full amount as we would have been entitled to receive and retain absent any requirement to make any such Tax Payment.
Basic Consideration means a sum equal to the Total Consideration less the No Embarrassment Payment (if any);
Basic Consideration means the sum of (pound)3,379,999 payable
Basic Consideration means the sum of (pound)3,379,999 payable for the Shares on Completion pursuant to clause 3.1