Common use of Foreign Taxes Clause in Contracts

Foreign Taxes. All payments to be made by the Issuer Trustee and any Xx.Xxxxxx Party hereunder shall be made without withholding or deduction for or on account of any present or future taxes, duties or governmental charges whatsoever unless the Issuer Trustee or such Xx.Xxxxxx Party, as applicable, is compelled by law to deduct or withhold such taxes, duties or charges. In that event, the Issuer Trustee or such Xx.Xxxxxx Party, as applicable, shall pay such additional amounts as may be necessary in order that the net amounts received after such withholding or deduction shall equal the amounts that would have been received if no withholding or deduction had been made.

Appears in 9 contracts

Samples: Crusade Management LTD, Crusade Management LTD, Crusade Management LTD

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Foreign Taxes. All payments to be made by the Issuer Trustee and any Xx.Xxxxxx Members Equity Party hereunder shall be made without withholding or deduction for or on account of any present or future taxes, duties or governmental charges whatsoever unless the Issuer Trustee or such Xx.Xxxxxx Members Equity Party, as applicable, is compelled by law to deduct or withhold such taxes, duties or charges. In that event, the Issuer Trustee or such Xx.Xxxxxx Members Equity Party, as applicable, shall pay such additional amounts as may be necessary in order that the net amounts received after such withholding or deduction shall equal the amounts that would have been received if no withholding or deduction had been made.

Appears in 8 contracts

Samples: Underwriting Agreement (Me Portfolio Management LTD), Underwriting Agreement (SMHL Global Fund 2007-1), Underwriting Agreement (ME Portfolio Management SMHL Global Fund No. 9)

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