Common use of Permitted Deductions Clause in Contracts

Permitted Deductions. The Security Agent may, in its discretion: (a) set aside by way of reserve amounts required to meet, and to make and pay, any deductions and withholdings (on account of Taxes or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) pay all Taxes which may be assessed against it in respect of any of the Security Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent may, in its discretion: shall be entitled (a) to set aside by way of reserve amounts required to meet, meet and (b) to make and pay, any deductions and withholdings (on account of Taxes Tax or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) , and to pay all Taxes Tax which may be assessed against it in respect of any of the Security Charged Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Documents or otherwise (other than except in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent may, in its discretion: shall be entitled (a) to set aside by way of reserve amounts required to meet, meet and (b) to make and pay, any deductions and withholdings (on account of Taxes or otherwise) which it is or may be required by any applicable law or regulation to make from any distribution or payment made by it under this Agreement; and (b) , and to pay all Taxes which may be assessed against it in respect of any of the Security Charged Property, or as a consequence of performing its dutiesduties or exercising its rights, powers, authorities and discretions, or by virtue of its capacity as Security Agent under any of the Finance Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent mayshall be entitled, in its discretion: , (a) to set aside by way of reserve amounts required to meet, meet and (b) to make and pay, any deductions and withholdings (on account of Taxes taxes or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) , and to pay all Taxes which may be assessed against it in respect of any of the Security Charged Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Debt Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent mayshall be entitled, in its discretion: (a) to set aside by way of reserve amounts required to meet, and to make and pay, any deductions and withholdings (on account of Taxes taxes or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) to pay all Taxes which may be assessed against it in respect of any of the Security PropertyAssets, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Facility Agent or (as applicable) the Security Agent mayshall be entitled, in its discretion: , (ai) to set aside by way of reserve amounts required to meet, meet and (ii) to make and pay, any deductions and withholdings (on account of Taxes taxes or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) pay all Taxes which may be assessed against it in respect of any of the Security Property, or as a consequence of performing its duties, or by virtue of its capacity as Facility Agent or (as applicable) the Security Agent under any of the Finance Guaranteed Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreementthe Guaranteed Documents).

Permitted Deductions. The Security Agent mayshall be entitled, in its discretion: , to (a) set aside by way of reserve amounts required to meet, meet and to (b) make and pay, any deductions and withholdings (on account of Taxes taxes or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) , and to pay all Taxes which may be assessed against it in respect of any of the Security Charged Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Debt Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent mayshall be entitled, in its discretion: (a) to set aside by way of reserve amounts required to meet, and to make and pay, any deductions and withholdings (on account of Taxes taxes or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) to pay all Taxes which may be assessed against it in respect of any of the Security Charged Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent mayshall be entitled, in its discretion: , (a) to set aside by way of reserve amounts required to meet, meet and (b) to make and pay, any deductions and withholdings (on account of Taxes taxes or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) , and to pay all Taxes which may be assessed against it in respect of any of the Security Charged Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent may, in its discretion: shall be entitled (a) to set aside by way of reserve amounts required to meet, meet and (b) to make and pay, any deductions and withholdings (on account of Taxes or otherwise) which it is or may be required by any applicable law or regulation to make from any distribution or payment made by it under this Agreement; and (b) , and to pay all Taxes which may be assessed against it in respect of any of the Security Charged Property, or as a consequence of performing its dutiesduties or exercising its rights, powers, authorities and discretions, or by virtue of its capacity as Security Agent under any of the Finance Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).. 169

Permitted Deductions. The Security Agent may, in its discretion: shall be entitled (a) to set aside by way of reserve amounts required to meet, meet and (b) to make and pay, any deductions and withholdings (on account of Taxes Tax or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) , and to pay all Taxes Tax which may be assessed against it in respect of any of the Security Charged Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Documents or otherwise (other than except in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent mayshall be entitled, in its discretion: , (a) to set aside by way of reserve amounts required to meet, meet and (b) to make and pay, any deductions and withholdings (on account of Taxes taxes or otherwise) which it is or may be required by any applicable law or regulations to make from any distribution or payment made by it under this Agreement; and (b) , and to pay all Taxes Taxes, fees and expenses which may be assessed against it in respect of any of the Security Charged Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Debt Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent mayshall be entitled, in its discretion: , (a) to set aside by way of reserve amounts required to meet, meet and (b) to make and pay, any deductions and withholdings (on account of Taxes taxes or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) agreement, and to pay all Taxes which may be assessed against it in respect of any of the Security Charged Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreementagreement).

Permitted Deductions. The Security Agent may, in its discretion: shall be entitled (a) to set aside by way of reserve amounts required to meet, meet and (b) to make and pay, any deductions and withholdings (on account of Taxes taxes or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) , and to pay all Taxes taxes which may be assessed against it in respect of any of the Security Charged Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. ‌ The Security Agent mayshall be entitled, in its discretion: , (a) to set aside by way of reserve amounts required to meet, meet and (b) to make and pay, any deductions and withholdings (on account of Taxes taxes or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) , and to pay all Taxes which may be assessed against it in respect of any of the Security Charged Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Debt Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent may, in its discretion: shall be entitled (a) to set aside by way of reserve amounts required to meet, meet and (b) to make and pay, any deductions and withholdings (on account of Taxes Tax or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) , and to pay all Taxes Tax which may be assessed against it in respect of any of the Security PropertyCharged Shares, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent security agent under any of the Finance Documents or otherwise (other than except in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent mayshall be entitled, in its discretion: , (a) to set aside by way of reserve amounts required to meet, meet and (b) to make and pay, any deductions and withholdings (on account of Taxes or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) , and to pay all Taxes which may be assessed against it in respect of any of the Security Charged Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Debt Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent mayshall be entitled, in its discretion: , (a) to set aside by way of reserve amounts required to meet, meet and (b) to make and pay, any deductions and withholdings (on account of Taxes taxes or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) Deed, and to pay all Taxes which may be assessed against it in respect of any of the Security Charged Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Documents or otherwise (other than in connection with its remuneration for performing its duties under this AgreementDeed).

Permitted Deductions. The Security Agent may, in its discretion: (a) set aside by way of reserve amounts required to meet, and to make and pay, any deductions and withholdings (on account of Taxes or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; andand ​ (b) pay all Taxes which may be assessed against it in respect of any of the Security Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent may, in its discretion: (a) set aside by way of reserve amounts required to meet, and to make and pay, any deductions and withholdings (on account of Taxes or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) pay all Taxes which may be assessed against it in respect of any of the assets subject to a Security Propertyunder the Security Documents, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent Agent, under any of the Finance Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent may, in its discretion: (a) set aside by way of reserve amounts required to meet, and to make and pay, any deductions and withholdings (on account of Taxes or otherwise) which it is or may be ​ ​ required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) pay all Taxes which may be assessed against it in respect of any of the assets subject to a Security Propertyunder the Security Documents, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent Agent, under any of the Finance Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Each Security Agent mayshall be entitled, in its discretion: (a) to set aside by way of reserve amounts required to meet, and to make and pay, any deductions and withholdings (on account of Taxes taxes or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) to pay all Taxes which may be assessed against it in respect of any of the Security PropertyAssets, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent may, in its discretion: (a) set aside by way of reserve amounts required to meet, and to make and pay, any deductions and withholdings (on account of Taxes or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; andand 131 EUROPE/78925568v7 (b) pay all Taxes which may be assessed against it in respect of any of the Security Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent mayshall be entitled, in its discretion: (a) 29.5.1 to set aside by way of reserve amounts required to meet, and to make and pay, any deductions and withholdings (on account of Taxes taxes or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) 29.5.2 to pay all Taxes which may be assessed against it in respect of any of the Security Secured Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent may, in its discretion: shall be entitled (a) to set aside by way of reserve amounts required to meet, meet and (b) to make and pay, any deductions and withholdings (on account of Taxes Tax or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) , and to pay all Taxes Tax which may be assessed against it in respect of any of the Security Secured Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Documents or otherwise (other than except in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent may, in its discretion: : (a) set aside by way of reserve amounts required to meet, and to make and pay, any deductions and withholdings (on account of Taxes or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and and (b) pay all Taxes which may be assessed against it in respect of any of the Security Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent mayshall be entitled, in its discretion: , (a) to set aside by way of reserve amounts required to meet, ; and (b) to make and pay, any deductions and withholdings (on account of Taxes or otherwise) which that it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) , and to pay all Taxes which that may be assessed against it in respect of any of the Security Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Debt Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent mayshall be entitled, in its discretion: : (a) to set aside by way of reserve amounts required to meet, ; and (b) to make and pay, any deductions and withholdings (on account of Taxes or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) , and to pay all Taxes which may be assessed against it in respect of any of the Security Charged Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Debt Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).