Common use of Buyer’s Covenant Clause in Contracts

Buyer’s Covenant. 8.1 Subject to paragraph 8.2 the Buyer covenants with the Sellers to pay to them the amount equal to any Liability for Taxation or other liability which is assessed on any of the Sellers as a result of the Company failing to pay any Taxation for which it is primarily liable, including all reasonable costs and expenses properly incurred by the Sellers in connection therewith and any liability arising as a result of the failure of the Buyer or the Company to apply amounts paid by the Sellers to the Buyer under the Tax Covenant in Part 3 of Schedule 3 or in satisfaction of a claim for breach of the Tax Warranties to discharge a liability to which the amount relates. 8.2 Paragraph 8.1shall not apply in respect of any Taxation which gave rise to a liability for the Sellers to make a payment to the Buyer under the Tax Covenant in Part 3 of Schedule 3 or otherwise under this agreement and which has not yet been paid. 8.3 Any payment which the Buyer is obliged to make pursuant to paragraph 8.1 shall be made on or before the date which is five Business Days before the Sellers are obliged to pay the Taxation in question in order to avoid interest or penalties and any payment not made on or before the due date for payment pursuant to this paragraph shall carry interest at the rate of 2% above the base rate from time to time of Barclays Bank plc from the due date until payment. 8.4 If any payments received by the Sellers under this paragraph 8 is subject to Taxation, the Buyer shall pay to the Sellers such additional amount (after taking into account any Taxation payable in respect of such additional amount) as will ensure that the Sellers receive and retain a net amount equal to the full amount which they would have received and retained had the payment not been subject to Taxation (and in applying this paragraph 8.4 no account shall be taken of the extent to which any liability to Taxation may be mitigated or offset by any Relief available to the Sellers so that where any Relief is available the additional amount payable under this paragraph 8.4 shall be the amount which would have been payable in the absence of such Relief).

Buyer’s Covenant. 8.1 Subject to paragraph 8.2 the 9.1 The Buyer covenants with the Sellers each Seller to pay to them the relevant Seller an amount equal to: (a) the Liability Proportion relating to the relevant Company of any liability or increased liability to Tax (save for where that liability or increased liability to Tax has been assessed on a basis which takes into account the relevant Liability for Taxation Proportion, in which case “Liability Proportion” as used at the start of this paragraph 9.1(a) shall be deemed to be 100 percent) of the relevant Seller or any company or other liability legal entity (other than a Company, N/C+, Onet and any of their Subsidiaries) which is assessed on any of connected to, or associated, with the Sellers relevant Seller for Tax purposes (in each case, the relevant “Seller’s Tax Group”) which arises as a result consequence of the or by reference to a Company (after Completion) failing to pay any Taxation amount of Tax for which it is primarily liable; and (b) any liability or increased liability to Tax of the relevant Seller or any member of the relevant Seller’s Tax Group which arises as a consequence of or by reference to any member of the Buyer’s Tax Group (other than N/C+, including all reasonable Onet and each of their Subsidiaries) (at any time) failing to pay any amount of Tax for which it is liable. 9.2 Each Seller severally covenants with the Buyer to pay to the Buyer an amount equal to: (a) the Liability Proportion relating to the relevant Company of any liability or increased liability to Tax (save for where that liability or increased liability to Tax has been assessed on a basis which takes into account the relevant Liability Proportion, in which case “Liability Proportion” as used at the start of this paragraph 9.2(a) shall be deemed to be 100 percent) of a Company which arises as a consequence of or by reference to the relevant Seller or any member of the relevant Seller’s Tax Group failing to pay any amount of Tax for which it is liable; and (b) any liability or increased liability to Tax of the Buyer or any member of the Buyer’s Tax Group (other than N/C+, Onet and each of their Subsidiaries) which arises as a consequence of or by reference to the relevant Seller or any member of the relevant Seller’s Tax Group failing to pay any amount of Tax for which it is liable. 9.3 The covenants contained in paragraph 9.1 and paragraph 9.2 shall: (a) extend to any costs reasonably and expenses properly incurred by the Sellers relevant Seller, a member of the relevant Seller’s Tax Group, the Buyer or a member of the Buyer’s Tax Group (other than N/C+, Onet and each of their Subsidiaries), as applicable, in connection therewith with such Tax or a successful claim under paragraph 9.1 or paragraph 9.2, as applicable; (b) in the case of paragraph 9.1, not apply to Tax to the extent the Buyer could make a claim against the relevant Seller pursuant to this Schedule 6 in respect of that Tax (ignoring the financial limitations and the time limitations in Schedule 7 to this agreement) (save where the Buyer has received payment from the relevant Seller in respect of that Tax pursuant to such a claim but the Company has not paid the Tax to the relevant Tax Authority); or (c) not apply to Tax which the relevant Seller or the Buyer, as applicable, has already recovered under any liability arising as relevant statutory provision (and the relevant Seller and the Buyer shall procure that no such recovery is sought by it to the extent payment is made hereunder). 9.4 If the relevant Seller, a result member of the failure relevant Seller’s Tax Group, the Buyer or a member of the Buyer’s Tax Group uses a Relief so as to reduce or eliminate a liability to Tax for which the Buyer or a Seller would otherwise have been liable to make a payment pursuant to paragraph 9.1 or paragraph 9.2, the Buyer or the Company to apply amounts paid by the Sellers to the Buyer under the Tax Covenant in Part 3 of Schedule 3 or in satisfaction of a claim for breach of the Tax Warranties to discharge a liability to which the amount relates. 8.2 Paragraph 8.1shall not apply in respect of any Taxation which gave rise to a liability for the Sellers Seller, as applicable, shall be liable to make a payment to the Buyer under relevant Seller or the Tax Covenant in Part 3 of Schedule 3 or otherwise under this agreement and which has not yet been paid. 8.3 Any payment which the Buyer is obliged to make Buyer, as applicable, pursuant to paragraph 8.1 9.1 or paragraph 9.2 as if that liability to Tax had not been so reduced or eliminated. 9.5 Paragraphs 5, 6 and 7 shall be made on or before apply to the date which is five Business Days before the Sellers are obliged to pay the Taxation covenants contained in question in order to avoid interest or penalties and any payment not made on or before the due date for payment pursuant to this paragraph shall carry interest at the rate of 2% above the base rate from time to time of Barclays Bank plc from the due date until payment. 8.4 If any payments received by the Sellers under this paragraph 8 is subject to Taxation, the Buyer shall pay 9 replacing references to the Sellers such additional amount (after taking into account any Taxation payable in respect of such additional amount) as will ensure that the Sellers receive and retain a net amount equal with references to the full amount which they would have received and retained had the payment not been subject to Taxation Buyer (and in applying this paragraph 8.4 no account shall be taken of the extent to which vice versa) where appropriate and making any liability to Taxation may be mitigated or offset by any Relief available to the Sellers so that where any Relief is available the additional amount payable under this paragraph 8.4 shall be the amount which would have been payable in the absence of such Relief)other necessary modifications.

Buyer’s Covenant. 8.1 Subject to paragraph 8.2 the 13.1 The Buyer covenants with the Sellers to shall pay to them the Warranting Sellers an amount equal to any Liability for Taxation or other tax liability which is assessed on relating to any of the Sellers as a result following events occurring or deemed to occur after Completion: (a) the Company or any member of the Company Buyer's Tax Group failing to pay any Taxation Tax for which it is primarily liable, including all reasonable costs liable and expenses properly incurred by the Sellers in connection therewith and any liability arising as a result of the failure of for which the Buyer or would not have been entitled to make a claim against the Company to apply amounts paid by the Warranting Sellers to the Buyer under the Tax Covenant in Part 3 of Schedule 3 if the Company, or in satisfaction of a claim for breach the relevant member of the Buyer's Tax Warranties to discharge a liability to which Group, as applicable, had paid that liability; (b) the amount relates. 8.2 Paragraph 8.1shall not apply in respect making by the Company or any member of the Buyer's Tax Group of any Taxation which gave payment or deemed payment that is treated as a chargeable payment for the purposes of section 1087 of the Corporation Tax Xxx 0000 where the Company or the relevant member of the Buyer's Tax Group was aware that the payment would give rise to a liability for Taxation; or (c) the Sellers Company or any member of the Buyer's Tax Group ceasing to make a be resident in the United Kingdom for Tax purposes. 13.2 Any payment to made by the Buyer under paragraph 13.1 shall be made seven days before the last day on which the relevant payment of Tax Covenant in Part 3 of Schedule 3 is due to be made to the relevant Tax Authority without incurring any liability to interest or otherwise under this agreement and which has not yet been paidpenalties. 8.3 Any payment 13.3 The Warranting Sellers shall not pursue any statutory right of recovery against the Buyer in respect of any liability for which the Buyer is obliged to make pursuant to paragraph 8.1 shall be made on or before the date which is five Business Days before the Sellers are obliged to pay the Taxation in question in order to avoid interest or penalties and any payment not made on or before the due date for payment pursuant to this paragraph shall carry interest at the rate of 2% above the base rate from time to time of Barclays Bank plc from the due date until payment. 8.4 If any payments received by the Sellers liable under this paragraph 8 is subject 13. 13.4 The provisions of paragraph 10 shall apply to Taxation, any liability under this paragraph 10 as though references to the Warranting Sellers were to the Buyer and vice versa and with all other necessary modifications. 13.5 The Buyer shall pay to the Warranting Sellers such additional amount (after taking into account any Taxation payable in respect of such additional amount) as will ensure that the Sellers receive and retain a net an amount equal to all costs and expenses reasonably and properly incurred by the full amount which they would have received and retained had the payment not been subject to Taxation (and Warranting Sellers in applying this connection with any tax liability as described in paragraph 8.4 no account shall be 13.1 or any action taken of the extent to which any liability to Taxation may be mitigated or offset by any Relief available to the Sellers so that where any Relief is available the additional amount payable under this paragraph 8.4 shall be the amount which would have been payable in the absence of such Relief)13.3.

Buyer’s Covenant. 8.1 9.1 Subject to paragraph 8.2 9.2 of this Schedule 6, the Buyer hereby covenants with the Sellers to pay to them the Warrantors an amount equal to: 9.1.1 any liability or increased liability to Tax of any Liability for Taxation member of any Warrantor’s Group arising as a consequence of any failure by the Company or other liability a member of the Buyer’s Group after Completion to pay any Tax which is assessed on any of the Sellers as a result primary liability of the Company failing or the relevant member of the Buyer’s Group; 9.1.2 any liability or increased liability to pay Tax of any member of any Warrantor’s Group arising as a consequence of the Company withdrawing in whole or in part, after Completion, any surrender of Group Relief or any Group Reallocation that was submitted to a Tax Authority before Completion in respect of any accounting period ended on or before the Accounts Date and reflected in the Accounts save where the withdrawal in question was made at the request or with the approval of the Warrantors; 9.1.3 any liability to Taxation for which it is primarily liable, including of any member of any Warrantor’s Group arising under Chapter 6 Part 14 CTA 2010 (change in company ownership); 9.1.4 all reasonable costs and expenses properly incurred by the Sellers Warrantors in connection therewith and with any liability arising as a result under this paragraph 10 or in connection with any action taken in successfully taking, defending or settling any action under this paragraph 9. 9.2 Paragraph 9.1 of this Schedule 6 shall not apply to the extent that: 9.2.1 the Buyer has validly claimed against the Warrantors under this Schedule 6 in respect of the failure amount of Tax which the Company or a member of the Buyer’s Group has failed to pay under paragraph 9.1.1 of this Schedule 6 and for which no payment has yet been made by the Warrantors; or 9.2.2 the Buyer or could validly claim against the Warrantors under this Schedule 6 for payment of the amount of Tax which the Company or a member of the Buyer’s Group has failed to apply amounts paid pay under paragraph 9.1.1 of this Schedule 6; or 9.2.3 an amount in respect of Tax has been recovered by the Sellers Warrantors or any member of any Warrantor’s Group under any relevant Tax Statute (and the Warrantors shall procure that no such recovery is sought to the extent that payment is made hereunder). 9.3 The provisions of paragraphs 3.3 (Financial Limitations), 5, 6 and 7 of this Schedule 6 shall apply to the covenant contained in this paragraph 9 as they apply to the covenant in paragraph 2 (Covenant by the Warrantors) of this Schedule 6 with references to the Warrantors being replaced with references to the Buyer under the Tax Covenant in Part 3 of Schedule 3 or in satisfaction of a claim for breach of the Tax Warranties to discharge a liability to which the amount relatesand vice versa and with any other necessary modifications. 8.2 Paragraph 8.1shall not apply in respect of any Taxation which gave rise to a liability for the Sellers to make a payment to the Buyer under the Tax Covenant in Part 3 of Schedule 3 or otherwise under this agreement and which has not yet been paid. 8.3 Any payment which the Buyer is obliged to make pursuant to paragraph 8.1 shall be made on or before the date which is five Business Days before the Sellers are obliged to pay the Taxation in question in order to avoid interest or penalties and any payment not made on or before the due date for payment pursuant to this paragraph shall carry interest at the rate of 2% above the base rate from time to time of Barclays Bank plc from the due date until payment. 8.4 If any payments received by the Sellers under this paragraph 8 is subject to Taxation, the Buyer shall pay to the Sellers such additional amount (after taking into account any Taxation payable in respect of such additional amount) as will ensure that the Sellers receive and retain a net amount equal to the full amount which they would have received and retained had the payment not been subject to Taxation (and in applying this paragraph 8.4 no account shall be taken of the extent to which any liability to Taxation may be mitigated or offset by any Relief available to the Sellers so that where any Relief is available the additional amount payable under this paragraph 8.4 shall be the amount which would have been payable in the absence of such Relief).

Buyer’s Covenant. 8.1 Subject to paragraph 8.2 the 12.1 The Buyer hereby covenants with the Sellers Warrantors to pay to them the Warrantors an amount equal to any Liability Tax for Taxation which the Warrantors (or any person, other liability than the Company, which is assessed on or at any time has been under the control of, or under the same control as, the Warrantors) are or may be liable, together with any costs and expenses reasonably incurred by the Warrantors in connection with taking any successful action under this Paragraph 12 but only in circumstances where the Tax is directly or primarily chargeable against the Company and arises: (a) in respect of income, profits or gains earned, accrued or received in respect of any period after Completion where the liability in question arises because of the Sellers Company’s failure to pay Tax on such income, profits or gains; or (b) as a result of the Company failing to pay any Taxation for which it is primarily liable, including all reasonable costs and expenses properly incurred by the Sellers in connection therewith and any liability arising as a result of the failure of the Buyer or the Company to apply amounts an amount (i) provided for in the Locked Box Accounts; or (ii) paid by the Sellers Warrantors to the Buyer under the Tax Covenant in Part 3 of this Schedule 3 or in satisfaction of a claim for breach of the Tax Warranties to discharge a liability to which the amount relates. 8.2 Paragraph 8.1shall not apply in respect of any Taxation which gave rise to a liability for the Sellers to make a 12.2 A payment to be made by the Buyer under the Tax Covenant in Part 3 of Schedule 3 or otherwise under this agreement and which has not yet been paid. 8.3 Any payment which the Buyer is obliged to make pursuant to paragraph 8.1 Paragraph 12 shall be made on or before the date which is five ten Business Days before after written demand for such payment. The provisions of Paragraphs 2.2 and 8 to 10 shall apply as if references to the Sellers are obliged “Warrantors” in those Paragraphs were references to pay the Taxation in question in order to avoid interest “Buyer” and vice versa. SCHEDULE 6 PARTICULARS OF PROPERTIES Leasehold properties Description of the Property Mixing Plant at Xxxxx Xxxx Xxxxxxxx Xxxx, Xxxxxx, Xxxxxxxxxx Xxxxxxxxx Xxxxx, Xxxx 0, Xxxxx Xxxx Business Park, Hall Road, off Xxxxx Xxxx, Xxxxx, Xxxxxx, Xxxxxxxxxx Description of Lease (lease, underlease, licence, date and parties) Lease Lease Owner Flamstead Investments Limited Flamstead Investments Limited Registered (and title number) DY479163 DY413537 Contractual date of termination of lease 7 February 2027 7 February 2027 Occupier HL Plastics Limited HL Plastics Limited Current Use B1, B2, B8 B1, B2, B8 Description of the Property New Warehouse known as Land on the North Side of Salterwood Drive, Ripley Open Storage Space xxx Xxxx Xxxx, Xxxxxxx, Xxxxxx, Xxxxxxxxxx Description of Lease (lease, underlease, licence, date and parties) Lease dated 21 September 2012 Lease Owner Xxxxxx Properties Limited Xxxxxx Properties Limited Registered (and title number) DY472364 N/A Contractual date of termination of lease 20 September 2027 31 December 2018 Occupier HL Plastics Limited HL Plastics Limited Current Use B1, B2, B8 Open Storage Description of the Property Land and Buildings south side of Cotes Xxxx Xxxx, Xxxxxxxxxx, Xxxxxxxx, Xxxxxxxxxx XX00 0XX Units 11 a & b, Dunscar Business Park, Xxxxxxxxx Xxxx, Xxxxxxx, Xxxxxx XX0 0XX Description of Lease (lease, underlease, licence, date and parties) Lease Lease Owner Xxxxxxx Xxxxxxxx and Xxxxx Xxxxxxxx Xxxxxxxxx Deply Vale Estates Limited Registered (and title number) None None Contractual date of termination of lease 7 August 2017 7 August 2016 Occupier HL Plastics Limited Wegoma Machinery Sales Limited Current Use B1, B2, B8 Storage Distribution and Maintenance of Machinery with Ancillary Offices or penalties such other uses B2, B8 Description of the Property Xxxx 0.0, Xxx Xxxxx Xxxxxxxx Xxxxxx, Xxxxxxx, Derbyshire Unit 3.2 The Amber Business Centre, Xxxxxxx, Derbyshire Description of Lease (lease, underlease, licence, date and parties) Tenancy Agreement Tenancy Agreement Owner Barclays Wealth Trustees (Jersey) Limited and Wallbrook Properties Limited Barclays Wealth Trustees (Jersey) Limited and Wallbrook Properties Limited Registered (and title number) None None Contractual date of termination of lease 15 January 2017 17 May 2017 Occupier Vintage Windows Wegoma Machinery Sales Limited Current Use Storage and Manufacture of UPVC windows and any payment not made on or before other use within B1, B2, B8 Storage and Manufacture of UPVC windows and any other use within B1, B2, B8 Description of the due Property 000 Xxxxx Xxxx, Xxxxxxxxxx XX0 0XX Apartment 0, Xxxxxx Xxxxx, Xxxx Xxxxxx, Xxxxxxxx, Xxxxxxxxxx XX00 0XX Description of Lease (lease, underlease, licence, date for payment pursuant to this paragraph shall carry interest at the rate and parties) Lease dated 9 June 2015 Tenancy Agreement Owner Flamstead Investments Limited Speeds Limited Registered (and title number) DY474141 None Contractual date of 2% above the base rate termination of lease N/A Rolling tenancy Occupier HL Plastics employee Austrian Tool Makers from time to time of Barclays Bank plc from the due date until payment. 8.4 If any payments received by the Sellers under this paragraph 8 is subject to Taxation, the Buyer shall pay to the Sellers such additional amount (after taking into account any Taxation payable in respect of such additional amount) as will ensure that the Sellers receive and retain a net amount equal to the full amount which they would have received and retained had the payment not been subject to Taxation (and in applying this paragraph 8.4 no account shall be taken of the extent to which any liability to Taxation may be mitigated or offset by any Relief available to the Sellers so that where any Relief is available the additional amount payable under this paragraph 8.4 shall be the amount which would have been payable in the absence of such Relief).Current Use Residential accommodation Residential SCHEDULE 7 LIMITATIONS ON CLAIMS

Buyer’s Covenant. 8.1 Subject to paragraph 8.2 the 12.1 The Buyer hereby covenants with the Sellers Warrantors to pay to them the Warrantors an amount equal to any Liability Tax for Taxation which the Warrantors (or any person, other liability than the Company, which is assessed on or at any time has been under the control of, or under the same control as, the Warrantors) are or may be liable, together with any costs and expenses reasonably incurred by the Warrantors in connection with taking any successful action under this Paragraph 12 but only in circumstances where the Tax is directly or primarily chargeable against the Company and arises: (a) in respect of income, profits or gains earned, accrued or received in respect of any period after Completion where the liability in question arises because of the Sellers Company’s failure to pay Tax on such income, profits or gains; or (b) as a result of the Company failing to pay any Taxation for which it is primarily liable, including all reasonable costs and expenses properly incurred by the Sellers in connection therewith and any liability arising as a result of the failure of the Buyer or the Company to apply amounts an amount (i) provided for in the Locked Box Accounts; or (ii) paid by the Sellers Warrantors to the Buyer under the Tax Covenant in Part 3 of this Schedule 3 or in satisfaction of a claim for breach of the Tax Warranties to discharge a liability to which the amount relates. 8.2 Paragraph 8.1shall not apply in respect of any Taxation which gave rise to a liability for the Sellers to make a 12.2 A payment to be made by the Buyer under the Tax Covenant in Part 3 of Schedule 3 or otherwise under this agreement and which has not yet been paid. 8.3 Any payment which the Buyer is obliged to make pursuant to paragraph 8.1 Paragraph 12 shall be made on or before the date which is five ten Business Days before after written demand for such payment. The provisions of Paragraphs 2.2 and 8 to 10 shall apply as if references to the Sellers are obliged “Warrantors” in those Paragraphs were references to pay the Taxation in question in order to avoid interest “Buyer” and vice versa. Description of the Property Mixing Plant at Xxxxx Xxxx Xxxxxxxx Xxxx, Xxxxxx, Xxxxxxxxxx Xxxxxxxxx Xxxxx, Xxxx 0, Xxxxx Xxxx Business Park, Hall Road, off Xxxxx Xxxx, Xxxxx, Xxxxxx, Xxxxxxxxxx Description of Lease (lease, underlease, licence, date and parties) Lease Lease Owner Flamstead Investments Limited Flamstead Investments Limited Registered (and title number) DY479163 DY413537 Contractual date of termination of lease 7 February 2027 7 February 2027 Occupier HL Plastics Limited HL Plastics Limited Current Use B1, B2, B8 B1, B2, B8 Description of the Property New Warehouse known as Land on the North Side of Salterwood Drive, Ripley Open Storage Space xxx Xxxx Xxxx, Xxxxxxx, Xxxxxx, Xxxxxxxxxx Description of Lease (lease, underlease, licence, date and parties) Lease dated 21 September 2012 Lease Owner Xxxxxx Properties Limited Xxxxxx Properties Limited Registered (and title number) DY472364 N/A Contractual date of termination of lease 20 September 2027 31 December 2018 Occupier HL Plastics Limited HL Plastics Limited Current Use B1, B2, B8 Open Storage Description of the Property Land and Buildings south side of Cotes Xxxx Xxxx, Xxxxxxxxxx, Xxxxxxxx, Xxxxxxxxxx XX00 0XX Units 11 a & b, Dunscar Business Park, Xxxxxxxxx Xxxx, Xxxxxxx, Xxxxxx XX0 0XX Description of Lease (lease, underlease, licence, date and parties) Lease Lease Owner Xxxxxxx Xxxxxxxx and Xxxxx Xxxxxxxx Xxxxxxxxx Deply Vale Estates Limited Registered (and title number) None None Contractual date of termination of lease 7 August 2017 7 August 2016 Occupier HL Plastics Limited Wegoma Machinery Sales Limited Current Use B1, B2, B8 Storage Distribution and Maintenance of Machinery with Ancillary Offices or penalties such other uses B2, B8 Description of the Property Xxxx 0.0, Xxx Xxxxx Xxxxxxxx Xxxxxx, Xxxxxxx, Derbyshire Unit 3.2 The Amber Business Centre, Xxxxxxx, Derbyshire Description of Lease (lease, underlease, licence, date and parties) Tenancy Agreement Tenancy Agreement Owner Barclays Wealth Trustees (Jersey) Limited and Wallbrook Properties Limited Barclays Wealth Trustees (Jersey) Limited and Wallbrook Properties Limited Registered (and title number) None None Contractual date of termination of lease 15 January 2017 17 May 2017 Occupier Vintage Windows Wegoma Machinery Sales Limited Current Use Storage and Manufacture of UPVC windows and any payment not made on or before other use within B1, B2, B8 Storage and Manufacture of UPVC windows and any other use within B1, B2, B8 Description of the due Property 000 Xxxxx Xxxx, Xxxxxxxxxx XX0 0XX Apartment 0, Xxxxxx Xxxxx, Xxxx Xxxxxx, Xxxxxxxx, Xxxxxxxxxx XX00 0XX Description of Lease (lease, underlease, licence, date for payment pursuant to this paragraph shall carry interest at the rate and parties) Lease dated 9 June 2015 Tenancy Agreement Owner Flamstead Investments Limited Speeds Limited Registered (and title number) DY474141 None Contractual date of 2% above the base rate termination of lease N/A Rolling tenancy Occupier HL Plastics employee Austrian Tool Makers from time to time of Barclays Bank plc from the due date until payment. 8.4 If any payments received by the Sellers under this paragraph 8 is subject to Taxation, the Buyer shall pay to the Sellers such additional amount (after taking into account any Taxation payable in respect of such additional amount) as will ensure that the Sellers receive and retain a net amount equal to the full amount which they would have received and retained had the payment not been subject to Taxation (and in applying this paragraph 8.4 no account shall be taken of the extent to which any liability to Taxation may be mitigated or offset by any Relief available to the Sellers so that where any Relief is available the additional amount payable under this paragraph 8.4 shall be the amount which would have been payable in the absence of such Relief).Current Use Residential accommodation Residential