Common use of Payments in Foreign Currency Clause in Contracts

Payments in Foreign Currency. Except as disclosed in the Registration Statement, the Prospectus and any Free Writing Prospectus, under current laws and regulations of Switzerland and any political subdivision thereof, all dividends and other distributions declared and payable on the Shares may be paid by the Company to the holder thereof in United States dollars or Swiss franc that may be converted into foreign currency and freely transferred out of Switzerland and all such payments made to holders thereof or therein who are non-residents of Switzerland will not be subject to income, withholding or other taxes under laws and regulations of Switzerland or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in Switzerland or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in Switzerland or any political subdivision or taxing authority thereof or therein.

Payments in Foreign Currency. Except as disclosed in the Registration Statement, the Prospectus General Disclosure Package and any Free Writing the Prospectus, under current laws and regulations of Switzerland and any political subdivision thereof, (i) all dividends and other distributions declared and payable on the Shares Securities may under current laws and regulations of Switzerland be paid by the Company to the holder thereof in United States dollars or Swiss franc that may be converted into foreign currency and, except for certain restrictions with respect to national and international sanctions relating to certain countries, freely transferred out of Switzerland Switzerland, and (ii) all such payments made to holders thereof or therein who are non-residents of Switzerland will not be subject to income, income or withholding or other taxes under laws and regulations of Switzerland or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in Switzerland or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in Switzerland or any political subdivision or taxing authority thereof or therein.

Payments in Foreign Currency. Except as disclosed in the Registration Statement, the Prospectus and any Free Writing ProspectusGeneral Disclosure Package, under current laws and regulations of Switzerland and any political subdivision thereof, all dividends interest, principal, premium, if any, and other distributions declared and payable payments due or made on the Shares Securities may be paid by the Company Issuer to the holder thereof in United States dollars or Swiss franc francs that may be converted into foreign currency and freely transferred out of Switzerland and all such payments made to holders thereof or therein who are non-residents of Switzerland will not be subject to income, withholding or other taxes under laws and regulations of Switzerland or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in Switzerland or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in Switzerland or any political subdivision or taxing authority thereof or therein.

Payments in Foreign Currency. Except as disclosed in the Registration Statement, the Prospectus and any Free Writing ProspectusGeneral Disclosure Package, under current laws and regulations of Switzerland and any political subdivision thereof, all dividends interest, principal, premium, if any, and other distributions declared and payable payments due or made on the Shares Offered Securities may be paid by the Company to the holder thereof in United States dollars or Swiss franc francs that may be converted into foreign currency and freely transferred out of Switzerland and all such payments made to holders thereof or therein who are non-residents of Switzerland will not be subject to income, withholding or other taxes under laws and regulations of Switzerland or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in Switzerland or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in Switzerland or any political subdivision or taxing authority thereof or therein.

Payments in Foreign Currency. Except as disclosed in the Registration Statement, General Disclosure Package and the Prospectus and any Free Writing Final Prospectus, under current laws and regulations of Switzerland and any political subdivision thereof, all dividends and other distributions declared and payable on the Shares Offered Securities may be paid by the Company to the holder thereof in United States dollars or Swiss franc that may be converted into foreign currency and freely transferred out of Switzerland and all such payments made to holders thereof or therein who are non-residents of Switzerland will not be subject to income, withholding or other taxes under laws and regulations of Switzerland or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in Switzerland or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in Switzerland or any political subdivision or taxing authority thereof or therein.

Payments in Foreign Currency. [Except as disclosed in the Registration Statement, the Prospectus General Disclosure Package and any Free Writing the Prospectus, under current laws and regulations of Switzerland and any political subdivision thereof, ,] (i) all dividends and other distributions declared and payable on the Shares Securities may under current laws and regulations of Switzerland be paid by the Company to the holder thereof in United States dollars or Swiss franc that may be converted into foreign currency and, except for certain restrictions with respect to national and international sanctions relating to certain countries, freely transferred out of Switzerland Switzerland, and (ii) all such payments made to holders thereof or therein who are non-residents of Switzerland will not be subject to income, income or withholding or other taxes under laws and regulations of Switzerland or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in Switzerland or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in Switzerland or any political subdivision or taxing authority thereof or therein.

Payments in Foreign Currency. Except as disclosed in the Registration Statement, the Preliminary Prospectus, the Prospectus and any Free Writing Prospectus, under current laws and regulations of Switzerland and any political subdivision thereof, all dividends and other distributions declared and payable on the Underlying Shares may be paid by the Company to the holder thereof in United States dollars or Swiss franc that may be converted into foreign currency and freely transferred out of Switzerland and all such payments made to holders thereof or therein who are non-residents of Switzerland will not be subject to income, withholding or other taxes under laws and regulations of Switzerland or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in Switzerland or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in Switzerland or any political subdivision or taxing authority thereof or therein.

Payments in Foreign Currency. Except as disclosed in the Registration Statement, the Prospectus and any Free Writing ProspectusGeneral Disclosure Package, under current laws and regulations of Switzerland and any political subdivision thereof, all dividends and other distributions declared and payable payments due or made on the Shares Securities may be paid by the Company Issuer to the holder thereof in United States dollars or Swiss franc francs that may be converted into foreign currency and freely transferred out of Switzerland and all such payments made to holders thereof or therein who are non-residents of Switzerland will not be subject to income, withholding or other taxes under laws and regulations of Switzerland or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in Switzerland or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in Switzerland or any political subdivision or taxing authority thereof or therein.