Common use of Permitted Deductions Clause in Contracts

Permitted Deductions. The Security Agent shall 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 or regulations to make from any distribution or payment made by it under this Agreement, and to pay all Taxes, fees and expenses which may be assessed against it in respect of any of the Charged Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Debt Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent shall 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 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 to pay all Taxes, fees and expenses Taxes which may be assessed against it in respect of any of the Charged Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Debt Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent shall 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 to pay all Taxes, fees and expenses Taxes which may be assessed against it in respect of any of the Charged Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Debt Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).. 183

Permitted Deductions. ‌ The Security Agent shall 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 or regulations to make from any distribution or payment made by it under this Agreement, and to pay all Taxes, fees and expenses Taxes which may be assessed against it in respect of any of the Charged Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Debt Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent shall 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 or regulations to make from any distribution or payment made by it under this Agreementagreement, and to pay all Taxes, fees and expenses Taxes which may be assessed against it in respect of any of the Charged Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Debt Finance Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreementagreement).

Permitted Deductions. The Security Agent shall 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 or regulations to make from any distribution or payment made by it under this AgreementDeed, and to pay all Taxes, fees and expenses Taxes which may be assessed against it in respect of any of the Charged Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Debt Finance Documents or otherwise (other than in connection with its remuneration for performing its duties under this AgreementDeed).

Permitted Deductions. 171 The Security Agent shall 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 or regulations to make from any distribution or payment made by it under this Agreement, and to pay all Taxes, fees and expenses Taxes which may be assessed against it in respect of any of the Charged Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Debt Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

Permitted Deductions. The Security Agent shall 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 that 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 to pay all Taxes, fees and expenses which Taxes that may be assessed against it in respect of any of the Charged Security Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Debt Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).