GST Undertaking and Indemnity definition

GST Undertaking and Indemnity means the GST undertaking and indemnity attached as Schedule B hereto;
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GST Undertaking and Indemnity means an undertaking and indemnity by Ivanhoe II in favour of the ▇▇▇▇▇ Transferors with respect to GST payable under the Excise Act in respect of the Transactions.
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GST Undertaking and Indemnity means the GST undertaking and indemnity in a form acceptable to the Vendor's Solicitor, acting reasonably, as provided for in Section 5.3;
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Examples of GST Undertaking and Indemnity in a sentence

  • On the Closing Date, Ivanhoe II shall provide the ▇▇▇▇▇ Transferors with the GST Undertaking and Indemnity confirming that the purchaser is purchasing the ▇▇▇▇▇▇▇ ▇▇▇▇▇ Subject Assets and the ▇▇▇▇▇▇▇ ▇▇▇▇▇ Peripheral Property Subject Assets on its own account and not in trust for any other Person and that the purchaser is registered pursuant to the Excise Act for the purposes of paying GST in Canada and that such registration has not been varied, cancelled or revoked, together with its registration number.

  • The Real Property Purchasers will provide the Vendor with a GST Undertaking and Indemnity at Closing.

  • If Ivanhoe II fails to provide the GST Undertaking and Indemnity to the ▇▇▇▇▇ Transferors by the Closing, or if the purchaser is not at Closing registered as a registrant under the Act, the Ivanhoe Transferee shall pay to the ▇▇▇▇▇ Transferors at Closing, the GST required to be paid pursuant to the Excise Act with respect to the Transactions in addition to the Purchase Price.

Related to GST Undertaking and Indemnity

  • L/C Undertaking has the meaning set forth in Section 2.12(a).

  • parent undertaking means a parent undertaking as defined in point (15)(a) of Article 4(1) of Regulation (EU) No 575/2013;

  • Group Undertaking means any undertaking in the Group, including the Company;

  • Undertaking Letter The letter in substantially the form set forth in Exhibit C of the Trust Agreement.

  • Standard Securitization Undertakings means representations, warranties, covenants and indemnities entered into by the Company or any Subsidiary of the Company which are customary in an accounts receivable securitization transaction involving a comparable company.