Common use of GST pass on Clause in Contracts

GST pass on. If GST is or will be payable on a supply made under or in connection with this document, to the extent that the amount payable otherwise provided for that supply under this document is not stated to include an amount for GST on the supply: (a) the amount payable otherwise provided for that supply under this document is increased by the amount of that GST; and (b) the recipient must make payment of the increase as and when the amount payable otherwise provided for, or relevant part of it, must be paid or provided or, if the amount payable has already been paid or provided, within seven days of receiving a written demand from the supplier.

Appears in 1 contract

Sources: Scheme Implementation Deed

GST pass on. If GST is or will be payable on a supply made under or in connection with this document, to the extent that the amount payable consideration otherwise provided for that supply under this document is not stated to include an amount for GST on the supply: (a) the amount payable consideration otherwise provided for that supply under this document is increased by the amount of that GST; and (b) the recipient must make payment of the increase as and when the amount payable consideration otherwise provided for, or relevant part of it, must be paid or provided or, if the amount payable consideration has already been paid or provided, within seven days of receiving a written demand from the supplier.

Appears in 1 contract

Sources: Sub License Agreement (Dyadic International Inc)

GST pass on. If GST is or will be payable on a supply made under or in connection with this document, to the extent that the amount payable consideration otherwise provided for that supply under this document is not stated to include an amount for in respect of GST on the supply: (a) the amount payable consideration otherwise provided for that supply under this document is increased by the amount of that GST; and (b) the recipient must make payment of the increase as and when the amount payable consideration otherwise provided for, or relevant part of it, must be paid or provided or, if the amount payable consideration has already been paid or provided, within seven days 5 Business Days of receiving a written demand from the supplier.

Appears in 1 contract

Sources: Participation Agreement

GST pass on. If GST is or will be payable imposed on a supply made under or in connection with this documentthe Contract, the supplier may, to the extent that the amount payable consideration otherwise provided for that supply under this document the Contract is not stated to include an amount for in respect of GST on the supply: (a) a. increase the amount payable consideration otherwise provided for that supply under this document is increased the Contract by the amount of that GST; andor‌ (b) b. otherwise recover from the recipient must make payment of the increase as and when the amount payable otherwise provided for, or relevant part of it, must be paid or provided or, if the amount payable has already been paid or provided, within seven days of receiving a written demand from the supplierthat GST.

Appears in 1 contract

Sources: Pool Contract

GST pass on. (a) Unless otherwise stated, the amounts shown in this agreement are exclusive of GST. (b) If GST is or will be payable on a any supply made under or in connection with this document, to agreement: (i) the extent that the amount payable consideration otherwise provided for that supply under this document is not stated to include an amount for GST on the supply: (a) the amount payable otherwise provided for that supply under this document is increased by the amount of that GST; and (bii) the recipient must make payment of the increase as and when the amount payable consideration otherwise provided for, or relevant part of it, must be paid or provided or, or if the amount payable consideration has already been paid or provided, within seven days five Business Days of receiving a written demand from the supplier.

Appears in 1 contract

Sources: Development Agreement

GST pass on. If GST is or will be payable on a supply made under or in connection with this document, to the extent that the amount payable consideration otherwise provided for that supply under this document is not stated to include an amount for in respect of GST on the supply: (a) the amount payable consideration otherwise provided for that supply under this document is increased by the amount of that GST; and (b) the recipient must make payment of the increase as and when the amount payable consideration otherwise provided for, or relevant part of it, must be paid or provided or, if the amount payable consideration has already been paid or provided, within seven days 5 Business Days of receiving a written demand from the supplier.

Appears in 1 contract

Sources: Participation Agreement

GST pass on. If GST is or will be payable on a supply made under or in connection with this document, to the extent that the amount payable consideration otherwise provided for that supply under this document is not stated to include an amount for GST on the supply: (a) the amount payable consideration otherwise provided for that supply under this document is increased by the amount of that GST; and (b) the recipient must make payment of the increase as and when the amount payable consideration otherwise provided for, or relevant part of it, must be paid or provided or, if the amount payable consideration has already been paid or provided, within seven days of receiving a written demand from the supplier.

Appears in 1 contract

Sources: Scheme Implementation Deed