Relevant Tax Jurisdiction definition

Relevant Tax Jurisdiction. ’ shall mean, in the case of payment by the Issuer, the Grand-Duchy of Luxembourg (where the Issuer is FFT), Canada (where the Issuer is FFC) or the United States of America (where the Issuer is FFNA) or any political subdivision or any authority thereof or therein having power to tax and, in the case of payment by the Guarantor, shall mean the Republic of Italy and any political subdivision or any authority thereof or therein having power to tax.

Relevant Tax Jurisdiction means Luxembourg, or another jurisdiction in which the Issuer or a Guarantor, if any, or a successor of any of them, is organized, is resident or engaged in business for tax purposes or through which payments are made on or in connection with the Notes (or Guarantees).

Relevant Tax Jurisdiction means Bermuda, or another jurisdiction in which the Issuer or a Guarantor, or a successor of any of them, is organized, is resident or engaged in business for tax purposes or through which payments are made on or in connection with the Notes.

Examples of Relevant Tax Jurisdiction in a sentence

• All payments of principal and interest in respect of the Notes, Receipts and Coupons by the Issuer and all payments under the Guarantee by the Guarantor will be made without withholding or deduction for or on account of any present or future taxes or duties of whatever nature imposed or levied by or on behalf of any Relevant Tax Jurisdiction unless such withholding or deduction is required by law.

• Under the laws of its Relevant Tax Jurisdiction in force as at the Original Execution Date, it will not be required to make any deduction for or withholding on account of tax from any payment it may make under any of the Finance Documents to any Lender which is (a) a Qualifying UK Lender (in the case of any Borrower) or (b) a US Accession Lender (in the case of the US Borrower).

• All amounts payable in respect of the Notes and Coupons by the Issuer or the Guarantor (where applicable), as the case may be, will be made without withholding or deduction for or on account of any present or future taxes or duties of whatever nature imposed, withheld or levied by or on behalf of any Relevant Tax Jurisdiction (as defined in Condition 6(b)), unless such withholding or deduction is required by law.

• All amounts payable in respect of the Notes and Coupons by the Issuer or the Guarantor (where applicable), as the case may be, will be made without withholding or deduction for or on account of any present or future taxes or duties of whatever nature imposed, withheld or levied by or on behalf of the Relevant Tax Jurisdiction (as defined in Condition 7(b)), unless such withholding or deduction is required by law.

• If any taxes, assessments or other governmental charges are imposed by the Relevant Tax Jurisdiction in respect of any payments under the Notes, the Payor shall pay to each Holder of the Notes, to the extent it may lawfully do so, such Additional Amounts as may be necessary in order that the net amounts paid to such Holder will be not less than the amount specified in the Notes to which such Holder is otherwise entitled.

More Definitions of Relevant Tax Jurisdiction

Relevant Tax Jurisdiction means, in the case of payment by the Issuer, the Netherlands and the United Kingdom (where the Issuer is FCA) or the Grand-Duchy of Luxembourg (where the Issuer is FCFE) or any political subdivision or any authority thereof or therein having power to tax and, in the case of payment by the Guarantor (in the case of Guaranteed Notes), shall also include the Netherlands and the United Kingdom and any political subdivision or any authority thereof or therein having power to tax.

Relevant Tax Jurisdiction means Luxembourg, or another jurisdiction in which the Issuer or a Guarantor, if any, or a successor of any of them, is organized, is resident or engaged in business for tax purposes or through which payments are made on or in connection with the Notes or Guarantees.

Relevant Tax Jurisdiction shall have the meaning specified in Section 5.09.

Relevant Tax Jurisdiction means, in relation to any Obligor, the jurisdiction where it is resident, or deemed to be resident for Tax purposes.

Relevant Tax Jurisdiction means Germany and the Grand Duchy of Luxembourg.(3) Early Redemption at the Option of the Issuer.

Relevant Tax Jurisdiction means, where the Issuer is GSK plc or GSK Capital plc, the United Kingdom, and where the Issuer is GSK Capital K.K., the United Kingdom or Japan, and where the issuer is GSK Capital B.V, the United Kingdom or The Netherlands, or in each case any political subdivision thereof or any authority thereof or therein having power to tax.

Relevant Tax Jurisdiction means the Netherlands and the United Kingdom (where the Issuer is CNH Industrial) or the Grand-Duchy of Luxembourg (where the Issuer is CIFE) or any political subdivision or any authority thereof or therein having power to tax and, in the case of Guaranteed Notes, shall also include the Netherlands and the United Kingdom and any political subdivision or any authority thereof or therein having power to tax.