FATCA Deduction. 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. 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 Company and the Lender and the Lender shall notify the other Finance Parties.
Appears in 2 contracts
Sources: Facilities Agreement (MiX Telematics LTD), Facilities Agreement (PowerFleet, Inc.)
FATCA Deduction. 13.8.1 (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, including without limitation, under Clauses 12.2 and 12.3 of this Agreement.
13.8.2 (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 Company each Obligor and the Lender Facility Agent and the Lender Facility Agent shall notify the other Finance Parties.
Appears in 2 contracts
Sources: Subordinated Facility Agreement (Diana Shipping Inc.), Subordinated Facility Agreement (Diana Containerships Inc.)
FATCA Deduction. 13.8.1 14.6.1 Each Party party may make any FATCA Deduction it is required to make by FATCAFATCA (as this term is defined in Clause 14.7 herein below), 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 otheJWise compensate the recipient of the payment for that FATCA Deduction.
13.8.2 14.6.2 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 Company Borrower and the Lender Agent and the Lender Agent shall notify the other Finance PartiesLenders.
Appears in 2 contracts
Sources: Facility Agreement (Wallbox N.V.), Facility Agreement (Wallbox N.V.)
FATCA Deduction. 13.8.1 (a) 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 party will 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.
13.8.2 (b) Each Party shall promptly, upon becoming party must as soon as reasonably practical after it becomes aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such the FATCA Deduction), ) notify the Party party to whom it is making the payment and, in addition, shall must notify the Company Borrower, the Agent and the Lender and the Lender shall notify the other Finance Parties.
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FATCA Deduction. 13.8.1 (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, including, without limitation, under Clauses 12.2 and 12.3 of this Agreement.
13.8.2 (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 Company each Obligor and the Lender Facility Agent and the Lender Facility Agent shall notify the other Finance Parties.
Appears in 1 contract
FATCA Deduction. 13.8.1 (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.. WTL/1019005126/Third Amended and Restated FA
13.8.2 (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 Company Borrower and the Lender Agent and the Lender Agent shall notify the other Finance Parties.
Appears in 1 contract
Sources: Third Amendment and Restatement Agreement (Las Vegas Sands Corp)
FATCA Deduction. 13.8.1 (a) 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 party will 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.
13.8.2 (b) Each Party shall promptly, upon becoming party must as soon as reasonably practicable after it becomes aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such the FATCA Deduction), ) notify the Party party to whom it is making the payment and, in addition, shall must notify the Company Borrower, the Agent and the Lender and the Lender shall notify the other Finance Parties.
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