All costs, expenses and other outgoings of BSCCo and its Subsidiaries and other amounts for which BSCCo or any of its Subsidiaries may be liable (other than amounts payable as trustee for any person), net of recoverable VAT; and (ii) with effect from such time as BSCCo determines to treat such amount as a bad debt, any amount payable by a Party in respect of BSCCo Charges which was not paid within 15 Business Days after the due date for payment and remains outstanding at such time, excluding any part of such amount which comprises VAT to the extent to which BSCCo considers that it will recover such VAT from a taxation Authority; has the meaning given to that term in Section D2.1.1(a);