Common use of Australia Tax Matters Clause in Contracts

Australia Tax Matters. Instead of Sections 5.8.1(c), 5.8.3 and 5.8.5, and in addition to Sections 5.8.1(a), 5.8.1(b) and 5.8.2, the provisions of this Section 5.8.9 shall apply to any advance under any Loan Document to any Australian Borrower or any other Borrower that is required to make a Tax Deduction in accordance with the relevant provisions of Australian law (each a “Relevant Borrower” for the purposes of this Section 5.8.9).

Appears in 4 contracts

Samples: Loan, Security and Guaranty Agreement (Hyster-Yale Materials Handling, Inc.), Loan Agreement (Hyster-Yale Materials Handling, Inc.), Loan Agreement (Hyster-Yale Materials Handling, Inc.)

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Australia Tax Matters. Instead The provisions of Sections 5.8.1(c), 5.8.3 and Section 5.8 (other than this Section 5.8.5) shall not apply, and in addition to Sections 5.8.1(a), 5.8.1(b) and 5.8.2, instead the provisions of this Section 5.8.9 5.8.5 shall apply apply, to any advance under any Loan Document to any Australian Borrower or any other Borrower that is required to make a Tax Deduction withhold tax in accordance with the relevant provisions of Australian law (each a “Relevant Borrower” for the purposes of this Section 5.8.95.8.5).

Appears in 1 contract

Samples: Loan, Security and Guarantee Agreement (MRC Global Inc.)

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