Examples of Foreign Subsidiary Guarantor in a sentence
At the time that these financial statements were prepared and audited, the District was aware of the following items that could significantly affect its financial health in the future: • State-wide pressures for equity in the funding of schools poses the possibility that the State of Michigan could enact changes in the funding structure for schools that may impact the District’s “Out of Formula” status.
Holdings, any Foreign Successor Issuer or any Foreign Subsidiary Guarantor will (i) make any such withholding or deduction required by applicable law and (ii) remit the full amount deducted or withheld to the relevant authority in accordance with applicable law.
Notwithstanding clause (a) above, no notice of redemption for changes in withholding taxes may be given earlier than 60 days prior to the earliest date on which Holdings, such Foreign Successor Issuer or such Foreign Subsidiary Guarantor would be obligated to pay Additional Amounts if a payment in respect of the Notes or the Guarantees were then due.
Holdings, the Foreign Successor Issuer or the Foreign Subsidiary Guarantor will make reasonable efforts to obtain certified copies of tax receipts evidencing the payment of any Taxes so deducted or withheld from each Relevant Jurisdiction imposing such Taxes.