WITHHOLDING TAX AND GROSSING UP. 15.1 Telewest UK shall pay all sums payable by it under clauses 9 and 10 free and clear of all deductions or withholdings for or on account of tax unless the deduction or withholding is required by law. If a deduction or withholding is so required, Telewest UK shall pay such additional amount as will ensure that the net amount received by the payee equals the full amount which would have been received by it had no such deduction or withholding been required.
WITHHOLDING TAX AND GROSSING UP. 10.1 The Vendor shall pay all sums payable by it under clauses 6.1 and 7 free and clear of all deductions or withholdings unless the law requires a deduction or withholding. If a deduction or withholding is so required the Vendor shall pay such additional amount as will ensure that the net amount the payee receives equals the full amount which it would have received had the deduction or withholding not been required.
WITHHOLDING TAX AND GROSSING UP. 10.1 Each of the Vendor and the Warrantor shall pay all sums payable by it under this Agreement free and clear of all deductions or withholdings unless the law requires a deduction or withholding. If a deduction or withholding is so required the Vendor or the Warrantor shall pay such additional amount as will ensure that the net amount the payee receives equals the full amount which it would have received had the deduction or withholding not been required.
WITHHOLDING TAX AND GROSSING UP. 6.1 The Seller shall pay all sums payable by it under this agreement free and clear of all deductions or withholdings or rights of counter claim or set off unless this is required by law. If a deduction or withholding is so required and except in the case of interest payments the Seller shall pay such additional amount as will ensure that the net amount received and retained by Edgen equals the full amount which it would have received had the deduction or withholding not been required.
WITHHOLDING TAX AND GROSSING UP. 14.1. If a deduction or withholding in accordance with clause 13 is required to be made from any payment by a party, then such party shall pay such additional amount as will ensure that the net amount the payee receives and retains equals the full amount which it would have received and retained had the deduction or withholding not been required.
WITHHOLDING TAX AND GROSSING UP. 11.1 Save as otherwise set out in this Agreement, all payments to be made under this Agreement shall be made in full without any set-off or counterclaim and free from any deduction or withholding, save as may be required by Law.
WITHHOLDING TAX AND GROSSING UP. If at any time the Borrower is required to make any deduction or withholding in respect of taxes from any payment due under any of the Finance Documents, the sum due from the Borrower in respect of such payment shall be increased to the extent necessary to ensure that, after the making of such deduction or withholding, the Lender receives on the due date for such payment (and retains, free from any liability in respect of such deduction or withholding), a net sum equal to the sum which it would have received had no such deduction or withholding been required to be made. The Borrower shall indemnify the Lender against any losses or costs incurred by it by reason of any failure of the Borrower to make such any deduction or withholding or by reason of any increased payment not being made on the due date for such payment. The Borrower shall promptly deliver to the Lender any receipts, certificates or other proof evidencing the amounts (if any) paid or payable in respect of any deduction or withholding as aforesaid.
WITHHOLDING TAX AND GROSSING UP. 16.1 The Guarantor and each of the Sellers shall pay all sums payable by it/him under this agreement free and clear of all deductions or withholdings or rights of counter claim or set off unless this is required by law. If a deduction or withholding is so required and except in the case of interest payments the Guarantor or the relevant Seller shall pay such additional amount as will ensure that the net amount received and retained by the Purchaser equals the full amount which it would have received had the deduction or withholding not been required.
WITHHOLDING TAX AND GROSSING UP. 10.1 Each of the Vendor and CMCC shall pay all sums payable by it under this Agreement free and clear of all deductions or withholdings unless the law requires a deduction or withholding. If a deduction or withholding is so required the Vendor or CMCC shall pay such additional amount as will ensure that the net amount the payee receives equals the full amount which it would have received had the deduction or withholding not been required.
WITHHOLDING TAX AND GROSSING UP. 17.1 Each party shall pay all sums payable by it under this Agreement free and clear of all deductions or withholdings unless the law requires a deduction or withholding. If a deduction or withholding is so required and except in the case of interest payments the relevant party shall pay such additional amount as will ensure that the net amount the payee receives equals the full amount which it would have received had the deduction or withholding not been required.
