Common use of Notification of Requirement to Deduct Clause in Contracts

Notification of Requirement to Deduct. TAX If, at any time, any Obligor is required by law to make any deduction or withholding from any sum payable by it hereunder (or if thereafter there is any change in the rates at which or the manner in which such deductions or withholdings are calculated), such Obligor shall promptly notify the Facility Agent upon becoming aware of the same.

Appears in 3 contracts

Samples: And Restatement Agreement (Royal Ahold), And Restatement Agreement (Royal Ahold), Agreement (Royal Ahold)

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Notification of Requirement to Deduct. TAX Tax If, at any time, any an Obligor is required by law to make any deduction or withholding from any sum payable by it hereunder (or if thereafter there is any change in the rates at which or the manner in which such deductions or withholdings are calculated), such Obligor shall promptly notify the Facility Agent promptly, upon becoming aware of the same, notify the Agent.

Appears in 3 contracts

Samples: Original Agreement (Ace LTD), Charge Agreement (Ace LTD), Ace LTD

Notification of Requirement to Deduct. TAX If, at any time, any Obligor of the Obligors is required by law to make any deduction or withholding from any sum payable by it hereunder (or if thereafter there is any change in the rates at which or the manner in which such deductions or withholdings are calculated), such Obligor shall promptly notify the Facility Agent upon becoming aware of the sameAgent.

Appears in 2 contracts

Samples: Agreement (Vnu N V), Agreement (Niner Acquistion Inc)

Notification of Requirement to Deduct. TAX Tax If, at any time, any Obligor either of the Obligors is required by law to make any deduction or withholding from any sum payable by it hereunder (or if thereafter there is any change in the rates at which or the manner in which such deductions or withholdings are calculated), such Obligor shall promptly notify the Facility Agent upon becoming aware of the sameAgent.

Appears in 2 contracts

Samples: Term Loan Agreement (Arco Chemical Co), Adt Limited

Notification of Requirement to Deduct. TAX If, at any time, any an Obligor is required by law to make any deduction or withholding from any sum payable by it hereunder (or if thereafter there is any change in the rates at which or the manner in which such deductions or withholdings are calculated), such Obligor shall promptly notify the Facility Agent upon becoming aware of the sameAgent.

Appears in 2 contracts

Samples: Credit Agreement (Transworld Healthcare Inc), Agreement (Prologis Trust)

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Notification of Requirement to Deduct. TAX Tax If, at any time, any an Obligor is required by law to make any deduction or withholding from any sum payable by it hereunder (or if thereafter there is any change in the rates at which or the manner in which such deductions or withholdings are calculated), such Obligor shall promptly notify the Facility Agent upon becoming aware of the sameAgent.

Appears in 2 contracts

Samples: Execution (Dyckerhoff Aktiengesellschaft), Imc Global Inc

Notification of Requirement to Deduct. TAX If, at any time, any Obligor is required by law to make any deduction or withholding from any sum payable by it hereunder under any Facility Document (or if thereafter there is any change in the rates at which or the manner in which such deductions or withholdings are calculated), such Obligor shall promptly notify the Facility Agent upon becoming aware of the sameAgent.

Appears in 1 contract

Samples: Facility Agreement (Primacom Ag)

Notification of Requirement to Deduct. TAX If, at any time, any Obligor the Borrower is required by law to make any deduction or withholding from any sum payable by it hereunder (or if thereafter there is any change in the rates at which or the manner in which such deductions or withholdings are calculated), such Obligor the Borrower shall promptly notify the Facility Agent upon becoming aware of the same.

Appears in 1 contract

Samples: Agreement (Royal Ahold)

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