Common use of After the Completion Date Clause in Contracts

After the Completion Date. the Purchaser shall as required by the VAT Order use the assets of the Business in carrying on the same kind of business, whether or not as part of any existing business of the Purchaser, as that carried on by the Vendor, and authorises the Vendor to make this known to H.M. Customs & Excise in any application (including under Clause 19.3) seeking confirmation that Article 5 of the VAT Order shall apply to the sale of the Business.

Appears in 2 contracts

Sources: Sale and Purchase Agreement (Kaneb Pipe Line Partners L P), Sale and Purchase Agreement (Kaneb Pipe Line Partners L P)