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 under any Finance 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 as soon as reasonably practicable after becoming aware of the same, notify the Bank.

Appears in 1 contract

Samples: Agreement (Capital One Financial Corp)

AutoNDA by SimpleDocs

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 under any Finance Document 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 as soon as reasonably practicable after becoming aware of the same, promptly notify the BankFacility Agent.

Appears in 1 contract

Samples: Agreement (Jazztel PLC)

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 under any Finance 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 as soon as reasonably practicable after becoming aware of the same, notify the BankFacility Agent.

Appears in 1 contract

Samples: Conformed (Capital One Financial Corp)

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 under any Finance Document 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 as soon as reasonably practicable after promptly notify the Facility Agent upon becoming aware of the same, notify the Bank.

Appears in 1 contract

Samples: Royal Ahold

AutoNDA by SimpleDocs

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 under any Finance Document 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 as soon as reasonably practicable after becoming aware of the same, promptly notify the BankAdministrative Agent.

Appears in 1 contract

Samples: Gulfmark Offshore Inc

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 under any the Finance Document Documents (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 as soon as reasonably practicable after becoming aware of the same, promptly notify the BankAgent.

Appears in 1 contract

Samples: Cemex Sa De Cv

Time is Money Join Law Insider Premium to draft better contracts faster.