Common use of Tax gross-up Clause in Contracts

Tax gross-up. (a) All payments to be made by an Obligor to any Finance Party under the Finance Documents shall be made free and clear of and without any Tax Deduction unless such Obligor is required to make a Tax Deduction, in which case the sum payable by such Obligor (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such Finance Party receives a sum net of any deduction or withholding equal to the sum which it would have received had no such Tax Deduction been made or required to be made.

Tax gross-up. (a) All payments to be made by an Obligor the Borrower to any Finance Party under the Finance Documents shall be made free and clear of and without any Tax Deduction unless such Obligor the Borrower is required to make a Tax Deduction, in which case the sum payable by such Obligor the Borrower (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such Finance Party receives a sum net of any deduction or withholding equal to the sum which it would have received had no such Tax Deduction been made or required to be made.

Tax gross-up. (a) All payments to be made by an Obligor the Borrower to any Finance Party the Lender under the Finance Documents shall be made free and clear of and without any Tax Deduction unless such Obligor the Borrower is required to make a Tax Deduction, in which case the sum payable by such Obligor the Borrower (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such Finance Party the Lender receives a sum net of any deduction or withholding equal to the sum which it would have received had no such Tax Deduction been made or required to be made.

Tax gross-up. (a) All payments to be made by an Obligor to any Finance Party the Lender under the Finance Documents shall be made free and clear of and without any Tax Deduction unless such Obligor is required to make a Tax Deduction, in which case the sum payable by such Obligor (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such Finance Party the Lender receives a sum net of any deduction or withholding equal to the sum which it would have received had no such Tax Deduction been made or required to be made.

Tax gross-up. (a) All payments to be made by an Obligor Party to any Finance Party under the Finance Documents shall be made free and clear of and without any Tax Deduction unless such Obligor Party is required to make a Tax Deduction, in which case the sum payable by such Obligor Party (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such Finance Party receives a sum net of any deduction or withholding equal to the sum which it would have received had no such Tax Deduction been made or required to be made.

Tax gross-up. (a) All payments to be made by an Obligor the Company to any Finance Party under the Finance Documents shall be made free and clear of and without any Tax Deduction unless such Obligor the Company is required to make a Tax Deduction, in which case the sum payable by such Obligor the Company (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such Finance Party receives a sum net of any deduction or withholding equal to the sum which it would have received had no such Tax Deduction been made or required to be made.

Tax gross-up. (a) All payments to be made by an Obligor the Borrower to any Finance Party under the Finance Documents shall be made free and clear of and without any Tax Deduction unless such Obligor Borrower is required to make a Tax Deduction, in which case the sum payable by such Obligor Borrower (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such Finance Party receives a sum net of any deduction or withholding equal to the sum which it would have received had no such Tax Deduction been made or required to be made.

Tax gross-up. (a) All payments to be made by an Obligor to any Finance Party under the or in connection with a Finance Documents Document shall be made free and clear of and without any Tax Deduction Deduction, unless such the Obligor is required to make a Tax Deduction, Deduction in which case the sum payable by such the Obligor (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such the Finance Party concerned receives a sum sum, net of any deduction or withholding Tax Deduction, equal to the sum which it would have received had if no such Tax Deduction had been made or required to be maderequired.

Tax gross-up. (a) All payments to be made by an Obligor the Borrower to any Finance Party under the Finance Documents shall be made free and clear of and without any Tax Deduction unless such Obligor the Borrower is required to make a Tax DeductionDeduction by operation of law, in which case the sum payable by such Obligor the Borrower (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such Finance Party receives a sum net of any deduction or withholding equal to the sum which it would have received had no such Tax Deduction been made or required to be made.

Tax gross-up. (a) All payments to be made by an a Primary Obligor to any Finance Party under the Finance Documents shall be made free and clear of and without any Tax Deduction Deduction, unless such Primary Obligor is required to make a Tax Deduction, in which case the sum payable by such Primary Obligor (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such Finance Party receives a sum net of any deduction or withholding equal to the sum which it would have received had no such Tax Deduction been made or required to be made.

Tax gross-up. (a) All payments to be made by an Obligor a Loan Party to any Finance Party under the Finance Documents shall be made free and clear of and without any Tax Deduction Deduction, unless such Obligor Loan Party is required to make a Tax Deduction, in which case the sum payable by such Obligor Loan Party (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such Finance Party receives a sum net of any deduction or withholding equal to the sum which it would have received had if no such Tax Deduction had been made or required to be made.

Tax gross-up. (a) All payments to be made by an Obligor party hereto to any Finance Party under any of the Finance Documents shall be made free and clear of and without any Tax Deduction unless such Obligor is required to make a Tax Deduction, in which case the sum payable by such Obligor (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such Finance Party receives a sum net of any deduction or withholding equal to the sum which it would have received had no such Tax Deduction been made or required to be made.

Tax gross-up. (a) All payments to be made by an Obligor the Borrower to any Finance Party under the or in connection with a Finance Documents Document shall be made free and clear of and without any Tax Deduction, unless a Tax Deduction unless such Obligor is required to make a Tax Deduction, by law in which case the sum payable by such Obligor (in respect of which such Tax Deduction is required to be made) the Borrower shall be increased to the extent necessary to ensure that such the Finance Party concerned receives a sum net sum, not of any deduction or withholding Tax Deduction, equal to the sum which it would have received had no such Tax Deduction been made or required to be maderequired.

Tax gross-up. (a) All payments to be made by an Obligor to any Finance Party under the or in connection with a Finance Documents Document shall be made free and clear of and without any Tax Deduction Deduction, unless such the Obligor is required by law to make a Tax Deduction, Deduction in which case the sum payable by such the Obligor (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such the Finance Party concerned receives a sum sum, net of any deduction or withholding Tax Deduction, equal to the sum which it would have received had if no such Tax Deduction had been made or required to be maderequired.

Tax gross-up. (a) All payments to be made by an Obligor the Borrower to any Finance Party under the or in connection with a Finance Documents Document shall be made free and clear of and without any Tax Deduction, unless a Tax Deduction unless such Obligor is required to make a Tax Deduction, by law in which case the sum payable by such Obligor (in respect of which such Tax Deduction is required to be made) the Borrower shall be increased to the extent necessary to ensure that such the Finance Party concerned receives a sum sum, net of any deduction or withholding Tax Deduction, equal to the sum which it would have received had no such Tax Deduction been made or required to be maderequired.

Tax gross-up. (a) All payments to be made by an Obligor to any Finance Party under the Finance Documents shall be made free and clear of and without any Tax Deduction unless such Obligor is required by applicable law or regulation to make a Tax Deduction, in which case the sum payable by such Obligor (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such Finance Party receives a sum net of any deduction or withholding equal to the sum which it would have received had no such Tax Deduction been made or required to be made.

Tax gross-up. (a) All Subject to paragraph (b) below, all payments to be made by an Obligor to any Finance Party under the Finance Documents shall be made free and clear of and without any Tax Deduction unless such Obligor is required to make a Tax Deduction, in which case the sum payable by such Obligor (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such Finance Party receives a sum net of any deduction or withholding equal to the sum which it would have received had no such Tax Deduction been made or required to be made.

Tax gross-up. (a) All payments to be made by an Obligor to any Finance Party under the Finance Documents shall be made free and clear of and without any Tax Deduction unless such Obligor is required by law to make a Tax Deduction, in which case the sum payable by such Obligor (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such Finance Party receives a sum net of any deduction or withholding equal to the sum which it would have received had no such Tax Deduction been made or required to be made.

Tax gross-up. (a) All payments to be made by an Obligor to any Finance Party under the or in connection with a Finance Documents Document shall be made free and clear of and without any Tax Deduction, unless a Tax Deduction unless such Obligor is required to make a Tax Deduction, by law in which case the sum payable by such that Obligor (in respect of to which such Tax Deduction is required to be maderelates) shall be increased to the extent necessary to ensure that such the Finance Party concerned receives a sum sum, net of any deduction or withholding Tax Deduction, equal to the sum which it would have received had if no such Tax Deduction had been made or required to be maderequired.

Tax gross-up. (a) All payments to be made by an Obligor or Security Provider to any Finance Party under the Finance Documents shall be made free and clear of and without any Tax Deduction unless such Obligor or Security Provider is required to make a Tax Deduction, in which case the sum payable by such Obligor or Security Provider (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such Finance Party receives a sum net of any deduction or withholding equal to the sum which it would have received had no such Tax Deduction been made or required to be made.

Tax gross-up. (a) All payments to be made by an Obligor to any Finance Party the Lender under the Finance Documents shall be made free and clear of and without any Tax Deduction unless such Obligor is required to make a Tax Deduction, in which case the sum payable by such Obligor (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such Finance Party the Lender receives a sum net of any deduction or withholding equal to the sum which it would have received had no such Tax Deduction been made or required to be made.

Tax gross-up. (a) All payments to be made by an Obligor to any Finance Party under the or in connection with a Finance Documents Document shall be made free and clear of and without any Tax Deduction, unless a Tax Deduction unless such Obligor is required to make a Tax Deduction, by law in which case the sum payable by such that Obligor (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such the Finance Party concerned receives a sum sum, net of any deduction or withholding Tax Deduction, equal to the sum which it would have received had if no such Tax Deduction had been made or required to be maderequired.

Tax gross-up. (aA) All payments to be made by an Obligor to any Finance Party the Lender under the Finance Documents shall be made free and clear of and without any Tax Deduction unless such Obligor is required to make a Tax Deduction, in which case the sum payable by such Obligor (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such Finance Party the Lender receives a sum net of any deduction or withholding equal to the sum which it would have received had no such Tax Deduction been made or required to be made.

Tax gross-up. (a) All payments to be made by an Obligor to any Finance Party under the or in connection with a Finance Documents Document shall be made free and clear of and without any Tax Deduction unless such Obligor is required by law to make a Tax Deduction, in which case the sum payable by such Obligor (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such Finance Party receives a sum net of any deduction or withholding equal to the sum which it would have received had no such Tax Deduction been made or required to be made.

Tax gross-up. (a) All payments to be made by an Obligor to any Finance Party under any of the Finance Documents shall be made free and clear of and without any Tax Deduction unless such Obligor is required to make a Tax Deduction, in which case the sum payable by such Obligor (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such Finance Party receives a sum net of any deduction or withholding equal to the sum which it would have received had no such Tax Deduction been made or required to be made.

Tax gross-up. (a) All payments to be made by an Obligor the Borrower to any Finance Party under the Finance Documents shall be made free and clear of and without any Tax Deduction unless such Obligor the Borrower is required to make a Tax Deduction, in which case the sum payable by such Obligor the Borrower (in respect of which such Tax Deduction Bridge Facility Agreement 7/60 is required to be made) shall be increased to the extent necessary to ensure that such Finance Party receives a sum net of any deduction or withholding equal to the sum which it would have received had no such Tax Deduction been made or required to be made.

Tax gross-up. (a) All payments to be made by an Obligor a Borrower to any Finance Party under the Finance Documents shall be made free and clear of and without any Tax Deduction unless such Obligor Borrower is required to make a Tax Deduction, in which case the sum payable by such Obligor Borrower (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such Finance Party receives a sum net of any deduction or withholding equal to the sum which it would have received had no such Tax Deduction been made or required to be made.

Tax gross-up. (a) All payments to be made by an Obligor to any Finance Party under the any Finance Documents shall Document will be made free and clear of of, and without deduction for or on account of, any Tax Deduction present or future tax unless such Obligor is required by law to make such a Tax Deductionpayment subject to the deduction or withholding of tax, in which case the sum payable by such Obligor case, subject to Clause 9.5 (in respect of which such Tax Deduction is required to be made) shall be increased to the extent necessary to ensure that such Finance Party receives a sum net of any deduction or withholding equal to the sum which it would have received had no such Tax Deduction been made or required to be made.Qualifying Bank):