WITHHOLDING AND GROSSING-UP. 15.1 Each party shall pay all sums payable by them under this agreement free and clear of all deductions or withholdings unless the law requires a deduction or withholding to be made. Otherwise than in relation to a payment of interest, if a deduction or withholding is so required the payer shall pay such additional amount as will ensure that the net amount the payee receives equals the full amount which it would have received had the deduction or withholding not been required.
WITHHOLDING AND GROSSING-UP. 14.1 Except as required by law, all payments due to the Lender under this Agreement will be made free and clear of all deductions and withholdings (whether in respect of Taxation, setoff, counter-claim or otherwise).
WITHHOLDING AND GROSSING-UP. 15.1 The Purchaser shall pay all sums payable by it under this agreement free and clear of all deductions or withholdings unless the law requires a deduction or withholding to be made. Otherwise than in relation to a payment of interest, if a deduction or withholding is so required the Purchaser shall pay such additional amount as will ensure that the net amount the payee receives equals the full amount which it would have received had the deduction or withholding not been required.
WITHHOLDING AND GROSSING-UP. 11.1 All sums payable to the Joint Sponsors or any other Indemnified Person (for the purposes of this Clause 11 only, each a PAYEE) under this Agreement shall be paid free and clear of all deductions or withholdings unless the deduction or withholding is required by law, in which event the Company or PLC (as relevant) shall pay such additional amount as shall be required to ensure that the net amount received by the payee will equal the full amount which would have been received by it had no such deduction or withholding been made.
WITHHOLDING AND GROSSING-UP. 12.1 All sums payable to any Indemnified Person under this agreement shall be paid free and clear of all deductions or withholding unless the deduction or withholding is required by law, in which event the relevant person shall pay such additional amount as shall be required to ensure that the net amount received by the Indemnified Person (after taking account of any tax credits or rebates available to such Indemnified Person which result from a payment which includes any additional amount payable pursuant to this clause 12.1) will equal the full amount which would have been received by it had no such deduction or withholding been made.
WITHHOLDING AND GROSSING-UP. 17.1 All sums payable by the Company to the Banks or any other Indemnified Person (for the purposes of this Clause 17 only, each a payee) under this Agreement shall be paid in pounds sterling free and clear of all deductions or withholdings unless the deduction or withholding is required by law, in which event the Company shall pay such additional amount as shall be required to ensure that the net amount received by the payee will equal the full amount which would have been received by it had no such deduction or withholding been required to be made.
WITHHOLDING AND GROSSING-UP. 24.1 The Seller will pay any amount under this agreement free and clear of any deduction or withholding except only as may be required by law. If any deduction or withholding is required by law, the Seller must pay an amount which will, after that deduction or withholding has been made, leave the Buyer with the same amount as it would have been entitled to receive in the absence of the requirement to make the deduction or withholding.
WITHHOLDING AND GROSSING-UP. All sums payable to, or for the benefit of, any person under this Agreement (including for the avoidance of doubt, the payment of any Commitment Fees) shall be paid free and clear of all deductions or withholdings save only as may be required by Law. If any such deductions or withholdings are required by Law or if any taxing Authority in any jurisdiction brings into any charge to Taxation (or into any computation of income, profits or gains for the purpose of any charge to Taxation) any such sum then the Company or the Parent shall pay such additional sum as will ensure that after the deduction, withholding or charge to Taxation, the recipient concerned shall retain a sum equal to the amount that would otherwise have been payable.
WITHHOLDING AND GROSSING-UP. 17.1 Save as otherwise provided herein, all sums payable to any of the Underwriters or any other Indemnified Person (for the purposes of this Clause 17 only, each a payee) under this Agreement shall be paid free and clear of all deductions or withholdings unless the deduction or withholding is required by law, in which event (and except in the case of interest) the person making the payment (for the purposes of this Clause 17 only the payer) shall pay such additional amount as shall be required to ensure that the net amount received by the payee will equal the full amount which would have been received by it had no such deduction or withholding been made.
WITHHOLDING AND GROSSING-UP. 14.1 All sums payable by the Company under this Agreement shall be paid free and clear of all deductions or withholdings whatsoever, unless the deduction or withholding is required by law.
