VAT Receivable definition

VAT Receivable means an amount claimed or demanded for refund in accordance with Applicable Law from a Mexican Official Body in respect of value added tax or similar consumption tax paid by Camino Rojo. For the avoidance of doubt, a VAT Receivable shall cease to be a VAT Receivable once the subject claim or demand for refund has either been paid or declined (with all appeal rights exhausted) by the relevant Official Body.
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VAT Receivable means any amounts owing to the Company in respect of value-added Taxes that relate to a period prior to the Closing Date or that otherwise became payable prior to the Closing Date.
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VAT Receivable means an amount claimed or demanded for refund in accordance with Applicable Law from an Official Body in respect of value added tax or similar consumption tax paid by an Obligor or Subject Entity. For the avoidance of doubt, a VAT Receivable shall cease to be a VAT Receivable once the subject claim or demand for refund has either been paid or declined (with all appeal rights exhausted) by the relevant Official Body.
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Examples of VAT Receivable in a sentence

  • Registered Securities will not be exchangeable into Bearer Securities.

  • On receipt of payment in full of the Repurchase Price of each Receivable, Acquired Receivable or VAT Receivable which we require a Loan Party buy back together with all other sums due from it to us, we will upon request assign or transfer that Receivable, Acquired Receivable or VAT Receivable to you and it will pay the reasonable costs incurred by us including any duly documented and properly incurred legal costs or other professional expenses, stamp duties, VAT, and similar charges.

  • The Seller shall have the exclusive right to conduct and control (as it may decide in its sole discretion and at its sole expense) any legal proceeding and negotiations, including audits, with respect to any VAT Receivable.

  • If required by us, for each Receivable, Acquired Receivable and VAT Receivable, the Loan Parties will give written notice to the Debtor concerned that we are the owner of the Receivable, Acquired Receivable or VAT Receivable, as applicable, and that payment of Receivables, Acquired Receivables and VAT Receivables, as applicable, must be made to us directly.

  • IBM Receivable or VAT Receivable to us you agree (save where Clause 6.6 applies) not to cancel or vary any relevant VAT Return Document or its relevant payment terms or settlement discounts without our prior written consent except where the change is due to a manifest error in your invoice, in which case you will notify us of the resulting change in the IBM Reimbursable, IBM Receivable or VAT Receivable but our written consent will not be required.

  • The Loan Parties will comply in all material respects with the Loan Parties' credit and collection practices agreed with us in regard to each IBM Receivable VAT Receivable, any Receivables Rights and the related Sales Invoice or VAT Return Document.

  • None of the Buyer, the Seller, nor any of their respective Affiliates shall compromise the right of the Acquired Subsidiaries to any such VAT Receivable.

  • Within 20 Business Days following the Closing, Buyer shall pay to Seller the amount of the Vietnam VAT Receivable in immediately available funds to an account designated by Seller.

  • The Buyer shall promptly deliver to the Seller any correspondence received by it or any of its Affiliates (including, from and after the Closing, the Acquired Subsidiaries) with respect to any VAT Receivable.

  • The Second Minimum Production Milestone shall have the meaning ascribed to such term in the Securities Purchase Agreement.