Common use of No deduction Clause in Contracts

No deduction. Under the laws of its Relevant Tax Jurisdiction in force as at the Original Execution Date, it will not be required to make any deduction for or withholding on account of tax from any payment it may make under any of the Finance Documents to any Lender which is (a) a Qualifying UK Lender (in the case of any Borrower) or (b) a US Accession Lender (in the case of the US Borrower).

Appears in 7 contracts

Samples: Lease Agreement (Virgin Media Investment Holdings LTD), Senior Facilities Agreement (Virgin Media Inc.), Lease Agreement (Virgin Media Inc.)

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No deduction. Under the laws of its Relevant Tax Jurisdiction in force as at the Original Execution Date, it will not be required to make any deduction for or withholding on account of tax from any payment it may make under any of the Relevant Finance Documents to any Lender which is (a) a Qualifying UK Lender (in the case of any Borrower) or (b) a US Accession Lender (in the case of the US Borrower)Lender.

Appears in 3 contracts

Samples: Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.), VMWH LTD

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No deduction. Under the laws of its Relevant Tax Jurisdiction in force as at the Original Execution Date, it will not be required to make any deduction for or withholding on account of tax from any 108 payment it may make under any of the Relevant Finance Documents to any Lender which is (a) a Qualifying UK Lender (in the case of any Borrower) or (b) a US Accession Lender (in the case of the US Borrower)Lender.

Appears in 1 contract

Samples: Senior Facilities Agreement (Virgin Media Inc.)

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