Common use of No Additional Amounts Clause in Contracts

No Additional Amounts. In the event that any payment on the Subordinated Notes by the Company or any Paying Agent is subject to withholding of United States federal income tax or other tax or assessment (as a result of a change in law or otherwise), neither the Company nor any Paying Agent shall pay additional amounts to the Holders of the Subordinated Notes.

Appears in 4 contracts

Sources: Eighth Supplemental Indenture (Citizens Financial Group Inc/Ri), Second Supplemental Indenture (Citizens Financial Group Inc/Ri), Seventh Supplemental Indenture (Citizens Financial Group Inc/Ri)