Failure to deliver the Payment Information Certificate Sample Clauses

Failure to deliver the Payment Information Certificate. If the Guarantor has not received a duly executed and completed Payment Information Certificate by the close of business on the Business Day (as defined in the Conditions) immediately preceding the day on which such payment is made, the Issuer shall no later than 11.00 a.m. (CET) on the relevant Payment Date, instruct the Paying Agent to withhold Spanish income tax on behalf of the Guarantor from the relevant Payment Amount at the then-applicable rate (currently 19 per cent). In the absence of such an instruction the Paying Agent shall pay the Payment Amount free and clear of Spanish withholding tax.
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Failure to deliver the Payment Information Certificate. In the event that the Issue and Paying Agent fails or for any reason is unable to deliver a timely, duly completed Payment Information Certificate as described above to the Issuer and the Guarantor in respect of a payment of income on a series of Instruments, the Issuer no later than 10 a.m (Central European Time) shall instruct the Issue and Paying Agent to withhold Spanish income tax from the relevant payment at the then-applicable rate (as at the date of this Agreement, 19%). In the absence of such instruction the Issue and Paying Agent shall pay the relevant payment free and clear of Spanish withholding tax.
Sample 1

Related to Failure to deliver the Payment Information Certificate

  • TERMINATION CERTIFICATION This is to certify that I do not have in my possession, nor have I failed to return, any devices, records, data, notes, reports, proposals, lists, correspondence, specifications, drawings, blueprints, sketches, laboratory notebooks, flow charts, materials, equipment, other documents or property, or copies or reproductions of any aforementioned items belonging to [Company Name], a Delaware corporation, its subsidiaries, affiliates, successors or assigns (collectively, the “Company”). I further certify that I have complied with all the terms of the Company’s Confidential Information and Invention Assignment Agreement signed by me, including the reporting of any Inventions (as defined therein), conceived or made by me (solely or jointly with others) covered by that agreement. I further agree that, in compliance with the Confidential Information and Invention Assignment Agreement, I will preserve as confidential all trade secrets, confidential knowledge, data or other proprietary information relating to products, processes, know-how, designs, formulas, developmental or experimental work, computer programs, data bases, other original works of authorship, customer lists, business plans, financial information or other subject matter pertaining to any business of the Company or any of its employees, clients, consultants or licensees. I further agree that for twelve (12) months from the date of this Certification, I shall not either directly or indirectly solicit, induce, recruit or encourage any of the Company’s employees or consultants to terminate their relationship with the Company, or attempt to solicit, induce, recruit, encourage or take away employees or consultants of the Company, either for myself or for any other person or entity. Further, I agree that for twelve (12) months from the date of this Certification, I shall not use any Confidential Information of the Company to negatively influence any of the Company’s clients or customers from purchasing Company products or services or to solicit or influence or attempt to influence any client, customer or other person either directly or indirectly, to direct any purchase of products and/or services to any person, firm, corporation, institution or other entity in competition with the business of the Company. Date: Employee: (Print Employee’s Name) (Signature)

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