FATCA Deduction by a Finance Party. 12.10.1 Each Finance Party may make any FATCA Deduction it is required to make under FATCA, and any payment required in connection with that FATCA Deduction, and no Finance Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction. A Finance Party which becomes aware that it must make a FATCA Deduction in respect of a payment to another party to any Finance Document (or that there is any change in the rate or basis of such FATCA Deduction) shall notify that party and the Agent.
Appears in 2 contracts
Samples: Facility Agreement (Navigator Holdings Ltd.), Navigator Holdings Ltd.
FATCA Deduction by a Finance Party. 12.10.1 (a) Each Finance Party may make any FATCA Deduction it is required by FATCA to make under FATCAmake, and any payment required in connection with that FATCA Deduction, and no Finance Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction. A Finance Party which becomes aware that it must make a FATCA Deduction in respect of a payment to another party to any Finance Document (or that there is any change in the rate or basis of such FATCA Deduction) shall notify that party and the Agent.
Appears in 1 contract
FATCA Deduction by a Finance Party. 12.10.1 (a) Each Finance Party may make any FATCA Deduction it is required to make under FATCAmake, and any payment required in connection with that FATCA Deduction, and no Finance Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction. A Finance Party which becomes aware that it must make a FATCA Deduction in respect of a payment to another party to any Finance Document (or that there is any change in the rate or basis of such FATCA Deduction) shall notify that party and the Agent.
Appears in 1 contract
Samples: Agreement (Melrose PLC)
