Common use of FATCA Deduction Clause in Contracts

FATCA Deduction. 12.8.1 Each Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers and the Agent and the Agent shall notify the other Finance Parties.

Appears in 4 contracts

Sources: Secured Loan Facility Agreement (Diana Containerships Inc.), Secured Loan Agreement (Diana Containerships Inc.), Secured Loan Agreement (Scorpio Tankers Inc.)

FATCA Deduction. 12.8.1 17.9.1 Each Party party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 17.9.2 Each Party party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the Party party to whom it is making the payment and, in addition, shall notify the Borrowers and Borrower, the Facility Agent and the Agent shall notify the other Finance PartiesFacility Beneficiaries.

Appears in 4 contracts

Sources: Secured Term Loan Facility Agreement (Teekay Offshore Partners L.P.), Secured Term Loan Facility (Teekay Offshore Partners L.P.), Secured Term Loan Facility Agreement (Teekay Offshore Partners L.P.)

FATCA Deduction. 12.8.1 13.8.1 Each Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 13.8.2 Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers Company and the Agent and the Agent shall notify the other Finance Parties.

Appears in 4 contracts

Sources: Common Terms Agreement (Net 1 Ueps Technologies Inc), Common Terms Agreement (Net 1 Ueps Technologies Inc), Common Terms Agreement (Net 1 Ueps Technologies Inc)

FATCA Deduction. 12.8.1 Each Finance Party may make any FATCA Deduction it is required by FATCA to make by FATCAmake, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 Each Party The Agent shall promptly, promptly upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers and Borrowers, the Agent and the Agent shall notify the other Finance Parties.

Appears in 3 contracts

Sources: Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC)

FATCA Deduction. 12.8.1 14.10.1 Each Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction Deduction, or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 14.10.2 Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers and Company, the Facility Agent and the Agent shall notify the other Finance Parties.

Appears in 3 contracts

Sources: Multicurrency Revolving Facilities Agreement (PPL Energy Supply LLC), Amendment and Restatement Agreement (PPL Energy Supply LLC), Multicurrency Revolving Facilities Agreement (PPL Energy Supply LLC)

FATCA Deduction. 12.8.1 Each Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers and Borrower, the Agent and the Agent shall notify the other Finance Parties.

Appears in 2 contracts

Sources: Secured Loan Agreement, Secured Loan Agreement (HC2 Holdings, Inc.)

FATCA Deduction. 12.8.1 14.9.1 Each Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 14.9.2 Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers Company and the Agent and the Agent shall notify the other Finance Parties.

Appears in 2 contracts

Sources: Revolving Facility Agreement (Sibanye Gold LTD), Revolving Facility Agreement (Sibanye Gold LTD)

FATCA Deduction. 12.8.1 15.3.1 Each Party party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 15.3.2 Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the Party party to whom it is making the payment and, in addition, shall notify the Borrowers and Borrower, the Agent and the Agent shall notify the other Finance Parties.

Appears in 2 contracts

Sources: Facility Agreement (Avolon Holdings LTD), Facility Agreement (Avolon Holdings LTD)

FATCA Deduction. 12.8.1 8.15.1 Each Party may make any FATCA Deduction it is required by FATCA to make by FATCAmake, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 8.15.2 Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers and Borrower, the Agent and the Agent shall notify the other Finance Parties.

Appears in 2 contracts

Sources: Secured Term Loan Facility Agreement (Teekay Tankers Ltd.), Senior Secured Revolving Credit Facility Agreement (Teekay Offshore Partners L.P.)

FATCA Deduction. 12.8.1 16.8.1 Each Party party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 16.8.2 Each Party party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the Party party to whom it is making the payment and, in addition, shall notify the Borrowers and the Agent and the Agent shall notify the other Finance Parties.

Appears in 2 contracts

Sources: Loan Agreement (Cool Co Ltd.), Loan Agreement (Cool Co Ltd.)

FATCA Deduction. 12.8.1 8.12.1 Each Party may make any FATCA Deduction it is required to make by FATCA, FATCA and any payment required in connection with that FATCA Deduction, Deduction and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that the FATCA Deduction. 12.8.2 8.12.2 Each Party shall promptly, promptly upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers and the Agent Borrower and the Agent shall notify the other Finance Parties.

Appears in 2 contracts

Sources: Secured Loan Agreement (Baltic Trading LTD), Secured Loan Agreement (Baltic Trading LTD)

FATCA Deduction. 12.8.1 8.14.1 Each Party may make any FATCA Deduction it is required by FATCA to make by FATCAmake, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 8.14.2 Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers and Borrower, the Agent and the Agent shall notify the other Finance Parties.

Appears in 2 contracts

Sources: Secured Loan Agreement (Teekay LNG Partners L.P.), Secured Loan Agreement (Teekay LNG Partners L.P.)

FATCA Deduction. 12.8.1 12.9.1 Each Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 12.9.2 Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers Company and the Agent and the Agent shall notify the other Finance Parties.

Appears in 1 contract

Sources: Facility Agreement

FATCA Deduction. 12.8.1 15.13.1 Each Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 15.13.2 Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or of the basis of such FATCA Deduction) ), notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers Party and the Facility Agent and the Facility Agent shall notify the other Finance Parties.

Appears in 1 contract

Sources: Revolving Credit Facilities Agreement (WPP PLC)

FATCA Deduction. 12.8.1 12.6.1 Each Party may make any FATCA Deduction it is required by FATCA to make by FATCAmake, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 12.6.2 Each Party shall promptly, promptly upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers and the Agent and the Agent shall notify the other Finance Parties.

Appears in 1 contract

Sources: Facility Agreement (DryShips Inc.)

FATCA Deduction. 12.8.1 12.9.1 Each Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 12.9.2 Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers and the Agent and the Agent shall notify the other Finance Parties.

Appears in 1 contract

Sources: Secured Loan Agreement (Performance Shipping Inc.)

FATCA Deduction. 12.8.1 (a) Each Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 (b) Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers and Company, the Facility Agent and the Agent shall notify the other Finance Parties.. 0040772-0000066 BT:1030359.12 32

Appears in 1 contract

Sources: Multicurrency Revolving Credit Facility (United States Steel Corp)

FATCA Deduction. 12.8.1 (a) Each Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party shall be is required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 (b) Each Party shall promptlymust, promptly upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the Party to whom it is making the payment and, in addition, shall must notify the Borrowers and Company, the Facility Agent and the Agent shall notify the other Finance Parties.

Appears in 1 contract

Sources: Facility Agreement (Aquaventure Holdings LLC)

FATCA Deduction. 12.8.1 Each Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers and the Agent in writing and the Agent shall notify the other Finance Parties.

Appears in 1 contract

Sources: Secured Loan Agreement (DHT Holdings, Inc.)

FATCA Deduction. 12.8.1 12.7.1 Each Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 12.7.2 Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers Company and the Facility Agent and the Facility Agent shall notify the other Finance Parties.

Appears in 1 contract

Sources: Multicurrency Bridge Facility Agreement

FATCA Deduction. 12.8.1 8.12.1 Each Party may make any FATCA Deduction it is required by FATCA to make by FATCAmake, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 8.12.2 Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers and Borrower, the Agent and the Agent shall notify the other Finance Parties.

Appears in 1 contract

Sources: Secured Credit Facility (Teekay Offshore Partners L.P.)

FATCA Deduction. 12.8.1 (a) Each Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 (b) Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the Party to whom it is making the payment and, in addition, shall #3462336/1 39 (117) notify the Borrowers Company and the Agent and the Agent shall notify the other Finance Parties.

Appears in 1 contract

Sources: Multicurrency Revolving Credit Facility Agreement (Pra Group Inc)

FATCA Deduction. 12.8.1 12.7.1 Each Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 12.7.2 Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers Company and the Agent and the Agent shall notify the other Finance Parties.

Appears in 1 contract

Sources: Facilities Agreement (Elbit Imaging LTD)

FATCA Deduction. 12.8.1 12.9.1 Each Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 12.9.2 Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers and Parent, the Facility Agent and the Agent shall notify the other Finance Parties.. Gold Fields_ RCF Table of Contents

Appears in 1 contract

Sources: Zar Revolving Credit Facility Agreement (Gold Fields LTD)

FATCA Deduction. 12.8.1 Each Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers Borrower and the Facility Agent and the Facility Agent shall notify the other Finance Parties.

Appears in 1 contract

Sources: Facility Agreement (Powerfleet, Inc.)

FATCA Deduction. 12.8.1 14.8.1 Each Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 14.8.2 Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers Borrower and the Agent and the Agent shall notify the other Finance Parties.

Appears in 1 contract

Sources: Revolving Credit Facility Agreement (Mercer International Inc.)

FATCA Deduction. 12.8.1 12.9.1 Each Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 12.9.2 Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers Borrower and the Agent and the Agent shall notify the other Finance Parties.

Appears in 1 contract

Sources: Revolving Facility Agreement

FATCA Deduction. 12.8.1 12.9.1 Each Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 12.9.2 Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers Borrower and the Agent and the Agent shall notify the other Finance Parties.

Appears in 1 contract

Sources: Secured Loan Agreement (Safe Bulkers, Inc.)

FATCA Deduction. 12.8.1 Each Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers Parent and the Facility Agent and the Facility Agent shall notify the other Finance Parties.

Appears in 1 contract

Sources: Revolving Credit Facility Agreement (Autoliv Inc)

FATCA Deduction. 12.8.1 Each Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 12.8.2 Each Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the Party to whom it is making the payment and, in addition, shall notify the Borrowers Borrower and the Agent and the Agent shall notify the other Finance Parties.

Appears in 1 contract

Sources: Loan Agreement (Scorpio Bulkers Inc.)