Examples of Chilean Taxes in a sentence
In the event that the Issuer has withheld or deducted the Chilean Taxes and paid Additional Amounts pursuant to the first paragraph of this Condition 9(1), the Issuer shall deliver without delay to the Fiscal Agent a document or documents issued by the Issuer and the taxing authority of the Republic of Chile showing the rate and amount of withholding and evidencing that the applicable Chilean Taxes were withheld and paid.
As of the date of issuance of the Bonds, pursuant to the preceding paragraph, the Issuer will make the withholding or deduction of the Chilean Taxes at the annual rate of 4.0% and shall pay the Additional Amounts as are required by the preceding paragraph.
In the event of such rate of the Chilean Taxes has changed for any reason after the date of the issuance of the Bonds, the Issuer shall give notice forthwith to the Fiscal Agent in writingsigned by an executive or officer thereof stating that such rate of the Chilean Taxes applicable after the change, the date such change becomes effective and the ground thereof in reasonable detail.
If any Chilean Taxes are required by law to be deducted or withheld in connection with such payments, the Company or the Selling Shareholder will increase the amount paid so that the full amount of such payment is received by the Underwriter.
The Company and the Selling Shareholder will furnish to the Underwriter official acknowledgment of the relevant tax authority evidencing any payment of any Chilean Taxes in respect of which the Company and the Selling Shareholder have paid any increased amounts pursuant to this paragraph.
All formalities required in Chile for the validity and enforceability of this Agreement and each other Basic Document (including, without limitation, any necessary registration, recording or filing with any court or other authority in Chile) have been accomplished, and no Chilean Taxes (other than Chilean stamp taxes described in Section 5.04(e)) are required to be paid and except as required by Section 7.01 hereof, no notarization is required, for the validity and enforceability thereof.
The Selling Shareholder will not, however, increase the amount paid to the Underwriter for the amount of any Chilean Taxes withheld and paid by the Selling Shareholder that can be applied by the Underwriter as a foreign tax credit against taxable income in the United States, provided that the Selling Shareholder delivers to the Underwriter, at the time of payment, tax receipts and other documents evidencing the withholding and payment of such Taxes that are reasonably satisfactory to the Underwriter.
If any Chilean Taxes are required by law to be deducted or withheld in connection with such payments, the Company will increase the amount paid so that the full amount of such payment is received by the Underwriter.
In the event of such rate of the Chilean Taxes has changed for any reason after the date of theissuance of the Bonds, the Issuer shall give notice forthwith to the Fiscal Agent in writing signed by an executive or officer thereof stating that such rate of the Chilean Taxes applicable after the change, the date such change becomes effective and the ground thereof in reasonable detail.
In the event of such rate of the Chilean Taxes has changed for any reason after the date of the issuance of the Bonds, the Issuer shall give notice forthwith to the Fiscal Agent in writing signed by an executive or officer thereof stating that such rate of the Chilean Taxes applicable after the change, the date such change becomes effective and the ground thereof in reasonable detail.