Common use of VAT Registration Number Clause in Contracts

VAT Registration Number. 5.1 Parties undertake to provide each other with their correct VAT registration numbers, and to immediately notify each other of any changetherein. 5.2 If the Seller fails to comply with the obligations set out under 5.1, then the Seller shall pay to the Purchaser any VAT and other amounts insofar as the Purchaser may be owing such amounts due to the Seller’s noncompliance. 5.3 If the Purchaser fails to comply with the obligations set out under 5.1, then the Seller shall be entitled to increase the selling price by the amount of VAT and any other amounts insofar as the Seller may be owing such amounts due to the Purchaser’s noncompliance. In this event, the provisions of article 4.6 of these general purchase conditions do not apply.