Common use of VAT Clause in Contracts

VAT. (i) All amounts expressed to be payable under any Loan Document by any party to this Agreement to a Lender which (in whole or in part) constitute the consideration for any supply for VAT purposes are deemed to be exclusive of any VAT which is chargeable on that supply and, accordingly, subject to clause (ii) below, if VAT is or becomes chargeable on any supply made by any Lender to any party to this Agreement under any Loan Document and such Lender is required to account to the relevant tax authority for the VAT, that party must pay to such Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT (and such Lender must promptly provide an appropriate VAT invoice to that party).

Appears in 6 contracts

Samples: Credit Agreement (Clarivate PLC), Credit Agreement (CLARIVATE PLC), Credit Agreement (CLARIVATE PLC)

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VAT. (i) All amounts expressed to be payable under any Loan Document by any party to this Agreement to a Lender Recipient which (in whole or in part) constitute the consideration for any supply for VAT purposes are deemed to be exclusive of any VAT which is chargeable on that supply andsupply, and accordingly, subject to clause paragraph (iib) below, if VAT is or becomes chargeable on any supply made by any Lender Recipient to any party to this Agreement under any a Loan Document and such Lender Recipient is required to account to the relevant tax authority for the VAT, that party must pay to such Lender Recipient (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT (and such Lender Recipient must promptly provide an appropriate VAT invoice to that party).

Appears in 4 contracts

Samples: Priming Facility Credit Agreement (GTT Communications, Inc.), Credit Agreement (GTT Communications, Inc.), Credit Agreement (GTT Communications, Inc.)

VAT. (i) All amounts expressed to be payable under any a Loan Document by any party to this Agreement to a Lender Recipient which (in whole or in part) constitute the consideration for any supply for VAT purposes are deemed to be exclusive of any VAT which is chargeable on that supply and, accordingly, subject to clause (iiSection 2.16(j)(ii)(B) below, if VAT is or becomes chargeable on any supply made by any Lender Recipient to any party to this Agreement under any a Loan Document and such Lender Recipient is required to account to the relevant tax authority for the VAT, that party must pay to such Lender Recipient (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT (and such Lender Recipient must promptly provide an appropriate VAT invoice to that party).

Appears in 4 contracts

Samples: Guaranty Agreement (CF Industries Holdings, Inc.), Revolving Credit Agreement (CF Industries Holdings, Inc.), Revolving Credit Agreement (CF Industries Holdings, Inc.)

VAT. (i) All amounts expressed to be payable under any a Loan Document by any party to this Agreement Loan Party to a Lender Recipient which (in whole or in part) constitute the consideration for any supply for VAT purposes are deemed to be exclusive of any VAT which is chargeable on that supply andsupply, and accordingly, subject to clause paragraph (ii) below, if VAT is or becomes chargeable on any supply made by any Lender Recipient to any party to this Agreement Loan Party under any a Loan Document and such Lender Recipient is required to account to the relevant tax authority for the VAT, that party Loan Party must pay to such Lender Recipient (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT (and such Lender Recipient must promptly provide an appropriate VAT invoice to that partyLoan Party).

Appears in 4 contracts

Samples: Credit and Guaranty Agreement (Hologic Inc), Credit and Guaranty Agreement (Hologic Inc), Credit and Guaranty Agreement (Hologic Inc)

VAT. (i) All amounts expressed to be payable under any a Loan Document by any party to this Agreement to a Lender Recipient which (in whole or in part) constitute the consideration for any supply for VAT purposes are deemed to be exclusive of any VAT which is chargeable on that supply andsupply, and accordingly, subject to clause (iiSection 8.04(m)(ii) below, if VAT is or becomes chargeable on any supply made by any Lender Recipient to any party to this Agreement under any a Loan Document and such Lender Recipient is required to account to the relevant tax authority for the VAT, that party must pay to such Lender Recipient (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT (and such Lender Recipient must promptly provide an appropriate a valid VAT invoice to that party).

Appears in 4 contracts

Samples: Credit Agreement (Linde PLC), Credit Agreement (Linde PLC), Credit Agreement (Linde PLC)

VAT. (i) All amounts expressed to be payable under any a Loan Document by any party to this Agreement to a Lender Recipient which (in whole or in part) constitute the consideration for any supply for VAT purposes are deemed to be exclusive of any VAT which is chargeable on that supply andsupply, and accordingly, subject to clause (ii) belowSection 4.14.7(ii), if VAT is or becomes chargeable on any supply made by any Lender Recipient to any party to this Agreement under any a Loan Document and such Lender Recipient is required to account to the relevant tax authority for the VAT, that party must pay to such Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT (and such Lender must promptly provide or, if later, on presentation of an appropriate VAT invoice to that party)by such Recipient.

Appears in 3 contracts

Samples: Credit Agreement (MSA Safety Inc), Credit Agreement (MSA Safety Inc), Credit Agreement (MSA Safety Inc)

VAT. (i) All amounts expressed to be payable under any Loan Document to be payable by any party of such Loan Document to this Agreement to a Lender Recipient which (in whole or in part) constitute the consideration for any supply for VAT purposes are shall be deemed to be exclusive of any VAT which is chargeable on that supply andsupply, and accordingly, subject to clause paragraph (ii) below, if VAT is or becomes chargeable on any supply made by any Lender Recipient to any party to this Agreement under any Loan Document and such Lender Recipient is required to account to the relevant tax authority for the VAT, that party must shall pay to such Lender Recipient (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT (and such Lender must Recipient shall promptly provide an appropriate VAT invoice to that party), provided that the reverse charge mechanism is not applicable.

Appears in 3 contracts

Samples: Loan Agreement (Spark Networks SE), Loan Agreement (Spark Networks SE), Loan Agreement (Spark Networks SE)

VAT. (ia) All amounts expressed to be payable under any Loan Document by any party Loan Party to this Agreement to a Lender which any Recipient that (in whole or in part) constitute the consideration for any supply for VAT purposes are deemed to be exclusive of any VAT which that is chargeable on that supply andsuch supply, and accordingly, subject to clause (iiSection 7.7.8(b) below, if VAT is or becomes chargeable on any supply made by any Lender Recipient to any party to this Agreement Loan Party under any a Loan Document and such Lender Recipient is required to account to the relevant tax authority for the VAT, that party such Loan Party must pay to such Lender Recipient (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT (and such Lender must Recipient shall promptly provide an appropriate VAT invoice to that partysuch Loan Party).

Appears in 3 contracts

Samples: Security Agreement (MIDDLEBY Corp), Credit Agreement (Middleby Corp), Pledge Agreement (Middleby Corp)

VAT. (ia) All amounts expressed to be payable under any Loan a Finance Document by any party Party to this Agreement to a the Lender which (in whole or in part) constitute the consideration for any supply goods or services supplied for VAT purposes are deemed to be exclusive of any VAT which is chargeable on that supply andsuch goods or services, and accordingly, subject to clause (ii) below, if VAT is or becomes chargeable on any supply such goods or services made by any the Lender to any party to this Agreement Party under any Loan a Finance Document and such the Lender is required to account to the relevant tax authority for the VAT, that party Party must pay to such the Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT (and such the Lender must promptly provide an appropriate VAT invoice to that partyParty).

Appears in 2 contracts

Samples: Credit Agreement (PowerFleet, Inc.), Credit Agreement (Id Systems Inc)

VAT. (i) All amounts expressed to be payable under any a Loan Document by any party to this Agreement to a Lender Recipient which (in whole or in part) constitute the consideration for any supply for VAT purposes are deemed to be exclusive of any VAT which is chargeable on that supply andsupply, and accordingly, subject to clause paragraph (ii) below, if VAT is or becomes chargeable on any supply made by any Lender Recipient to any party to this Agreement under any a Loan Document and such Lender Recipient is required to account to the relevant tax authority for the VAT, that party must pay to such Lender Recipient (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT (and such Lender Recipient must promptly provide an appropriate VAT invoice to that party).

Appears in 1 contract

Samples: Joinder and Assumption Agreement (West Pharmaceutical Services Inc)

VAT. (i) All amounts expressed to be payable under this Agreement or any Loan other Credit Document by any party to this Agreement to a Lender which (in whole or in part) constitute the consideration for any supply for VAT purposes are deemed to be exclusive of any VAT which is chargeable on that supply andsupply, and accordingly, subject to clause paragraph (ii) below, if VAT is or becomes chargeable on any supply made by any Lender to any party to under this Agreement or under any Loan other Credit Document and such Lender is required to account to the relevant tax authority Governmental Authority for the VAT, that such party must pay to such Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT (and such Lender must promptly provide an appropriate VAT invoice to that such party).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (AVG Technologies N.V.)

VAT. (i) All amounts expressed to be payable under any a Loan Document by to any party to this Agreement to a Lender Recipient which (in whole or in part) constitute the consideration for any supply for VAT purposes are deemed to be exclusive of any VAT which is chargeable on that supply andsupply, and accordingly, subject to clause paragraph (iiB) below, if VAT is or becomes chargeable on any supply made by any Lender Recipient to any party to this Agreement Credit Party under any a Loan Document and such Lender Recipient is required to account to the relevant tax authority for the VAT, that party such Credit Party must pay to such Lender Recipient (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT (and such Lender must promptly provide an appropriate VAT invoice to that partysuch Credit Party).

Appears in 1 contract

Samples: Credit Agreement (Crown Holdings Inc)

VAT. (i) All amounts set out or expressed to be payable under any a Loan Document by any party to this Agreement to a Lender which (in whole or in part) constitute the consideration for any a supply or supplies for VAT purposes are deemed to be exclusive of any VAT which is chargeable on that such supply andor supplies, and accordingly, subject to clause (ii) below, if VAT is or becomes chargeable on any supply made by any Lender to any party to this Agreement under any a Loan Document and such Lender is required to account to the relevant tax Tax authority for the VAT, that party must shall pay to such Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT (and such Lender must promptly provide an appropriate VAT invoice to that party)VAT.

Appears in 1 contract

Samples: Credit Agreement (Greenlight Capital Re, Ltd.)

VAT. (i) All amounts expressed to be payable under any Loan Document by any party to this Agreement Party to a Lender which (in whole or in part) constitute the consideration for any supply for VAT purposes are deemed to be exclusive of any VAT which is chargeable on that supply andsupply, and accordingly, subject to clause subparagraph (ii) below, if VAT is or becomes chargeable on any supply made by any Lender to any party to this Agreement Party under any a Loan Document and such Lender is required to account to the relevant tax authority for the VAT, that party Party must pay to such Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT (and such Lender must promptly provide an appropriate VAT invoice to that partyParty).

Appears in 1 contract

Samples: Revolving Credit Agreement (Walgreens Boots Alliance, Inc.)

VAT. (i) All i)All amounts set out, or expressed in a Credit Document to be payable under any Loan Document by any party to this Agreement Credit Party to a Lender or Agent which (in whole or in part) constitute the consideration for any a supply or supplies for VAT purposes are shall be deemed to be exclusive of any VAT which is chargeable on that such supply andor supplies, and accordingly, subject to clause paragraph (ii) below, if VAT is or becomes chargeable on any supply made by any Lender or Agent to any party to this Agreement Credit Party under any Loan Document and such Lender is required to account a Credit Document, that Credit Party shall pay to the relevant tax authority for the VAT, that party must pay to such Lender or Agent (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the such VAT (and such Lender must or Agent shall promptly provide an appropriate VAT invoice to that partysuch Credit Party).

Appears in 1 contract

Samples: Credit Agreement (Endeavour International Corp)

VAT. (i) a. All amounts expressed to be payable under any a Loan Document by any party to this Agreement Borrower to a Lender which (in whole or in part) constitute the consideration for any supply for VAT purposes are deemed to be exclusive of any VAT which is chargeable on that supply andsupply, and accordingly, subject to clause paragraph (iib) below, if VAT is or becomes chargeable on any supply made by any Lender Borrower to any party to this Agreement Lender under any a Loan Document and such Lender is required to account to the relevant tax authority for the VAT, that party Borrower must pay to such Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT (and such Lender must promptly provide an appropriate VAT invoice to that partyBorrower Party).

Appears in 1 contract

Samples: Loan and Security Agreement (COMPASS Pathways PLC)

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VAT. (i) All amounts expressed to be payable under any Loan Financing Document by any party to this Agreement to a Agent or any Lender which (in whole or in part) constitute the consideration for any supply for VAT purposes are deemed to be exclusive of any VAT which is chargeable on that supply and, accordingly, subject to clause (ii) below, if VAT is or becomes chargeable on any supply made by any Lender to any party to this Agreement under any Loan Financing Document and such Agent or any Lender is required to account to the relevant tax authority for the VAT, that party must pay to Agent or such Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT (and such Lender must promptly provide an appropriate VAT invoice to that party).

Appears in 1 contract

Samples: Credit, Security and Guaranty Agreement (Wright Medical Group N.V.)

VAT. (i) All amounts expressed to be payable under any Loan Financing Document by any party to this Agreement to a Agent or any Lender which (in whole or in part) constitute the consideration for any supply for VAT purposes are deemed to be exclusive of any VAT which is chargeable on that supply and, accordingly, subject to clause (ii) below, if VAT is or becomes chargeable on any supply made by any Lender to any party to this Agreement under any Loan Financing Document and such Agent or Lender is required to account to the relevant tax authority for the VAT, that party must pay to Agent or such Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT (and such Lender must promptly provide an appropriate VAT invoice to that party).

Appears in 1 contract

Samples: Credit, Security and Guaranty Agreement (Wright Medical Group N.V.)

VAT. (ia) All amounts set out or expressed in a Finance Document to be payable under any Loan Document by any party to this Agreement Party to a Lender Finance Party which (in whole or in part) constitute the consideration for any a supply or supplies for VAT purposes are shall be deemed to be exclusive of any applicable VAT which is chargeable on that any such supply andor supplies, and accordingly, subject to clause paragraph (iib) below, if VAT is or becomes chargeable on any supply made by any Lender Finance Party to any party to this Agreement Party under any Loan a Finance Document and such Lender the Finance Party is required to account to the relevant tax authority for the VAT, that party must Party shall pay to such Lender the Finance Party (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the such VAT (and such Lender must Finance Party shall promptly provide an appropriate VAT invoice to that partysuch Party).

Appears in 1 contract

Samples: Assignment Agreement (Best Buy Co Inc)

VAT. (i) All amounts expressed to be payable under any Loan Document by any party to this Agreement Party to a Lender Party which (in whole or in part) constitute the consideration for any supply for VAT purposes are deemed to be exclusive of any VAT which is chargeable on that supply andsupply, and accordingly, subject to clause (iiSection 2.20(h)(ii) below, if VAT is or becomes chargeable on any supply made by any Lender Party to any party to this Agreement Party under any Loan Document and such Lender Party is required to account to the relevant tax authority for the VAT, that party Party must pay to such Lender Party (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT (and such Lender Party must promptly provide an appropriate VAT invoice to that partyParty).

Appears in 1 contract

Samples: Credit Agreement (Spectrum Brands, Inc.)

VAT. (i) All amounts expressed to be payable under any Loan Document by any party Loan Party to this Agreement to a Lender which any Recipient that (in whole or in part) constitute the consideration for any supply for VAT purposes are deemed to be exclusive of any VAT which that is chargeable on that supply andsuch supply, and accordingly, subject to clause (iiSection 7.7.8(ii) below, if VAT is or becomes chargeable on any supply made by any Lender Recipient to any party to this Agreement Loan Party under any a Loan Document and such Lender Recipient is required to account to the relevant tax authority for the VAT, that party such Loan Party must pay to such Lender Recipient (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT (and such Lender must Recipient shall promptly provide an appropriate VAT invoice to that partysuch Loan Party).

Appears in 1 contract

Samples: Security Agreement (Middleby Corp)

VAT. (ia) All amounts expressed to be payable under any Loan a Finance Document by any party the Borrower to this Agreement to a the Lender which (in whole or in part) constitute the consideration for any supply for VAT purposes are deemed to be exclusive of any VAT which is chargeable on that supply andsupply, and accordingly, subject to clause paragraph (iib) below, if VAT is or becomes chargeable on any supply made by any the Lender to any party to this Agreement the Borrower under any Loan a Finance Document and such the Lender is required to account to the relevant tax authority for the VAT, that party the Borrower must pay to such the Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT (and such the Lender must promptly provide an appropriate VAT invoice to that partythe Borrower).

Appears in 1 contract

Samples: Agreement (TriLinc Global Impact Fund LLC)

VAT. (i1) All amounts expressed to be payable under any Loan Document by any party to this Agreement to a Lender which (in whole or in part) constitute the consideration for any supply for VAT purposes are deemed to be exclusive of any VAT which is chargeable on that supply and, accordingly, subject to clause (ii) below, if VAT is or becomes chargeable on any supply made by any Lender to any party to this Agreement under any Loan Document and such Lender is required to account to the relevant tax authority for the VAT, that party must pay to such Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT (and such Lender must promptly provide an appropriate VAT invoice to that party).

Appears in 1 contract

Samples: Credit Agreement (CLARIVATE PLC)

VAT. (iA) All amounts expressed to be payable under any a Loan Document by any party to this Agreement Loan Party to a Lender which (in whole or in part) constitute the consideration for any supply for VAT purposes are deemed to be exclusive of any VAT which is chargeable on that supply andsupply, and accordingly, subject to clause paragraph (iiB) below, if VAT is or becomes chargeable on any supply made by any Lender to any party to this Agreement Loan Party under any a Loan Document and such Lender is required to account to the relevant tax authority for the VAT, that party Loan Party must pay to such Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT (and such Lender must promptly provide an appropriate VAT invoice to that partyLoan Party).

Appears in 1 contract

Samples: Credit Agreement (Cdi Corp)

VAT. (i) All amounts set out, or expressed in a Credit Document to be payable under any Loan Document by any party to this Agreement Credit Party to a Lender or Agent which (in whole or in part) constitute the consideration for any a supply or supplies for VAT purposes are shall be deemed to be exclusive of any VAT which is chargeable on that such supply andor supplies, and accordingly, subject to clause paragraph (ii) below, if VAT is or becomes chargeable on any supply made by any Lender or Agent to any party to this Agreement Credit Party under any Loan Document and such Lender is required to account a Credit Document, that Credit Party shall pay to the relevant tax authority for the VAT, that party must pay to such Lender or Agent (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the such VAT (and such Lender must or Agent shall promptly provide an appropriate VAT invoice to that partysuch Credit Party).

Appears in 1 contract

Samples: Credit Agreement (Endeavour International Corp)

VAT. (i) 8.1 All amounts set out or expressed in this Agreement or the other Loan Documents to be payable under any Loan Document by any party to this Agreement to a Lender Finance Party which (in whole or in part) constitute the consideration for any a supply or supplies for VAT purposes are shall be deemed to be exclusive of any VAT which is chargeable on that such supply andor supplies, and accordingly, subject to clause (ii) paragraph 8.2 below, if VAT is or becomes chargeable on any supply made by any Lender Finance Party to any other party to this Agreement under any this Agreement or the other Loan Document and such Lender is required to account to the relevant tax authority for the VATDocuments, that party must shall pay to such Lender the Finance Party (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the such VAT (and such Lender must Finance Party shall promptly provide an appropriate VAT invoice to that partysuch party to this Agreement).

Appears in 1 contract

Samples: Credit Agreement (Foster L B Co)

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