Common use of No Deduction or Withholding Clause in Contracts

No Deduction or Withholding. All payments by the Issuer or the Guarantor under this Clause shall be made free and clear of, and without withholding or deduction for, any taxes, duties, assessments or governmental charges of whatsoever nature imposed, levied, collected, withheld or assessed by any government having power to tax, unless such withholding or deduction is required by law. In that event, the Issuer, failing whom the Guarantor, shall pay such additional amounts as will result in receipt by the Agent of such amounts as would have been received by it if no such withholding had been required.

Appears in 2 contracts

Samples: Paying Agency Agreement, www.daa.ie

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No Deduction or Withholding. All payments by the Issuer or or, as the Guarantor case may be, the Guarantor, under this Clause 19 shall be made free and clear of, and without withholding or deduction for, any taxes, duties, assessments or governmental charges of whatsoever nature imposed, levied, collected, withheld or assessed by any government having power to tax, unless such withholding or deduction is required by law. In that event, the IssuerIssuer or, failing whom as the Guarantorcase may be, the Guarantor shall pay such additional amounts as will result in receipt by the relevant Agent of such amounts as would have been received by it if no such withholding had been required.

Appears in 2 contracts

Samples: Agreement (Portugal Telecom SGPS Sa), Supplemental Agency Agreement (Portugal Telecom SGPS Sa)

No Deduction or Withholding. All payments by the Issuer or Issuer, failing whom the Guarantor Guarantor, under this Clause 9.4 shall be made free and clear of, and without withholding or deduction for, any taxes, duties, assessments or governmental charges of whatsoever nature imposed, levied, collected, withheld or assessed by any government having power to tax, unless such withholding or deduction is required by law. In that event, the Issuer, failing whom the Guarantor, shall pay such additional amounts as will result in receipt by the Issuing and Paying Agent of such amounts as would have been received by it if no such withholding withholdings had been required.

Appears in 1 contract

Samples: Issuing and Paying Agency Agreement (Danaher Corp /De/)

No Deduction or Withholding. All payments by the Issuer or Issuers and the Guarantor under this Clause clause shall be made free and clear of, and without withholding or deduction for, any taxes, duties, assessments or governmental charges of whatsoever nature imposed, levied, collected, withheld or assessed by any government having power to tax, unless such withholding or deduction is required by law. In that event, the Issuer, failing whom relevant Issuer and the Guarantor, Guarantor shall pay such additional amounts as will result in receipt by the Issuing and Paying Agent of such amounts as would have been received by it if no such withholding withholdings had been required.

Appears in 1 contract

Samples: Paying Agency Agreement (Danaher Corp /De/)

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No Deduction or Withholding. All payments by the Issuer or and the Guarantor under this Clause clause shall be made free and clear of, and without withholding or deduction for, any taxes, duties, assessments or governmental charges of whatsoever nature imposed, levied, collected, withheld or assessed by any government having power to tax, unless such withholding or deduction is required by law. In that event, the Issuer, failing whom Issuer and the Guarantor, Guarantor shall pay such additional amounts as will result in receipt by the Issuing and Paying Agent of such amounts as would have been received by it if no such withholding withholdings had been required.

Appears in 1 contract

Samples: And Paying Agency Agreement (Danaher Corp /De/)

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