Common use of Canadian Additional Amounts Clause in Contracts

Canadian Additional Amounts. All payments of principal and interest in respect of Notes issued by a Canadian Subsidiary Issuer and any interest coupons appertaining thereto will be made without withholding of or deduction for, or on account of, any present or future taxes, duties, assessments or governmental charges of whatever nature imposed or levied by or on behalf of the Government of Canada or any province or territory or political subdivision thereof or any authority or agency therein or thereof having power to tax unless the withholding or deduction of such taxes, duties, assessments or charges is required by law or the application, administration or interpretation thereof. In the event that such withholding or deduction is so required, the Canadian Subsidiary Issuer (in the case of Notes issued by such Canadian Subsidiary Issuer) or the Guarantor (if the Guarantor is required to make payments under the Guarantee) shall pay (subject to the right of redemption of such Canadian Subsidiary Issuer referred to above in Section 6 - "Redemption; Sinking Funds; Repayment at the Option of the Holder") such additional amounts (the "Canadian Additional Amounts") as may be necessary in order that the net amounts received by the holders of Notes and coupons appertaining thereto after such withholding or deduction shall equal the respective amounts of principal and interest which otherwise would have been received by them in respect of such Notes or coupons, as the case may be, in the absence of such withholding or deduction, except that no Canadian Additional Amounts shall be payable with respect to any such Note or coupon presented for payment:

Appears in 1 contract

Samples: Fiscal and Paying Agency Agreement (General Electric Capital Corp)

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Canadian Additional Amounts. All payments of principal and interest in respect of Notes issued by a Canadian Subsidiary Issuer GE Capital Canada Funding and any interest coupons appertaining thereto will be made without withholding of or deduction for, or on account of, any present or future taxes, duties, assessments or governmental charges of whatever nature imposed or levied by or on behalf of the Government of Canada or any province or territory or political subdivision thereof or any authority or agency therein or thereof having power to tax unless the withholding or deduction of such taxes, duties, assessments or charges is required by law or the application, administration or interpretation thereof. In the event that such withholding or deduction is so required, the Canadian Subsidiary Issuer GE Capital Canada Funding (in the case of Notes issued by such Canadian Subsidiary IssuerGE Capital Canada Funding) or the Guarantor (if the Guarantor is required to make payments under the Guarantee) shall pay (subject to the right of redemption of such Canadian Subsidiary Issuer GE Capital Canada Funding referred to above in Section 6 - "Redemption; Sinking Funds; Repayment at the Option of the Holder"paragraph (h) below such additional amounts (the "Canadian Additional Amounts") as may be necessary in order that the net amounts received by the holders of Notes and coupons appertaining thereto after such withholding or deduction shall equal the respective amounts of principal and interest which otherwise would have been received by them in respect of such Notes or coupons, as the case may be, in the absence of such withholding or deduction, except that no Canadian Additional Amounts shall be payable with respect to any such Note or coupon presented for payment:

Appears in 1 contract

Samples: Fiscal and Paying Agency Agreement (General Electric Capital Corp)

Canadian Additional Amounts. All payments of principal and interest in respect of Notes issued by a Canadian Subsidiary Issuer GEC Canada Funding and any interest coupons appertaining thereto will be made without withholding of or deduction for, or on account of, any present or future taxes, duties, assessments or governmental charges of whatever nature imposed or levied by or on behalf of the Government of Canada or any province or territory or political subdivision thereof or any authority or agency therein or thereof having power to tax unless the withholding or deduction of such taxes, duties, assessments or charges is required by law or the application, administration or interpretation thereof. In the event that such withholding or deduction is so required, the Canadian Subsidiary Issuer GEC Canada Funding (in the case of Notes issued by such Canadian Subsidiary IssuerGEC Canada Funding) or the Guarantor (if the Guarantor is required to make payments under the Guarantee) shall pay (subject to the right of redemption of such Canadian Subsidiary Issuer GEC Canada Funding referred to above in Section 6 - "Redemption; Sinking Funds; Repayment at the Option of the Holder"paragraph (h) below such additional amounts (the "Canadian Additional Amounts") as may be necessary in order that the net amounts received by the holders of Notes and coupons appertaining thereto after such withholding or deduction shall equal the respective amounts of principal and interest which otherwise would have been received by them in respect of such Notes or coupons, as the case may be, in the absence of such withholding or deduction, except that no Canadian Additional Amounts shall be payable with respect to any such Note or coupon presented for payment:

Appears in 1 contract

Samples: Fiscal and Paying Agency Agreement (General Electric Capital Corp)

Canadian Additional Amounts. All payments of principal and interest in respect of Notes issued by a Canadian Subsidiary Issuer GE Capital Canada Funding and any interest coupons appertaining thereto will be made without withholding of or deduction for, or on account of, any present or future taxes, duties, assessments or governmental charges of whatever nature imposed or levied by or on behalf of the Government of Canada or any province or territory or political subdivision thereof or any authority or agency therein or thereof having power to tax unless the withholding or deduction of such taxes, duties, assessments or charges is required by law or the application, administration or interpretation thereof. In the event that such withholding or deduction is so required, the Canadian Subsidiary Issuer GE Capital Canada Funding (in the case of Notes issued by such Canadian Subsidiary IssuerGE Capital Canada Funding) or the Guarantor (if the Guarantor is required to make payments under the Guarantee) shall pay (subject to the right of redemption of such Canadian Subsidiary Issuer GE Capital Canada Funding referred to above in Section 6 - "Redemption; Sinking Funds; Repayment at the Option of the Holder"paragraph (i) below such additional amounts (the "Canadian Additional Amounts") as may be necessary in order that the net amounts received by the holders of Notes and coupons appertaining thereto after such withholding or deduction shall equal the respective amounts of principal and interest which otherwise would have been received by them in respect of such Notes or coupons, as the case may be, in the absence of such withholding or deduction, except that no Canadian Additional Amounts shall be payable with respect to any such Note or coupon presented for payment:

Appears in 1 contract

Samples: Fiscal and Paying Agency Agreement

Canadian Additional Amounts. All payments of principal and interest in respect of Notes issued by a Canadian Subsidiary Issuer GEC Canada Funding and any interest coupons appertaining thereto will be made without withholding of or deduction for, or on account of, any present or future taxes, duties, assessments or governmental charges of whatever nature imposed or levied by or on behalf of the Government of Canada or any province or territory or political subdivision thereof or any authority or agency therein or thereof having power to tax unless the withholding or deduction of such taxes, duties, assessments or charges is required by law or the application, administration or interpretation thereof. In the event that such withholding or deduction is so required, the Canadian Subsidiary Issuer GEC Canada Funding (in the case of Notes issued by such Canadian Subsidiary IssuerGEC Canada Funding) or the Guarantor (if the Guarantor is required to make payments under the Guarantee) shall pay (subject to the right of redemption of such Canadian Subsidiary Issuer GEC Canada Funding referred to above in Section 6 - "Redemption; Sinking Funds; Repayment at the Option of the Holder"paragraph (h) below such additional amounts (the "Canadian Additional Amounts") as may be necessary in order that the net amounts received by the holders of Notes and coupons appertaining thereto after such withholding or deduction shall equal the respective amounts of principal and interest which otherwise would have been received by them in respect of such Notes or coupons, as the case may be, in the absence of such withholding or deduction, except that no Canadian Additional Amounts shall be payable with respect to any such Note or coupon presented for payment:

Appears in 1 contract

Samples: Fiscal and Paying Agency Agreement (General Electric Capital Services Inc/Ct)

Canadian Additional Amounts. All payments of principal and interest in respect of Notes issued by a Canadian Subsidiary Issuer GEC Canada Funding and any interest coupons appertaining thereto will be made without withholding of or deduction for, or on account of, any present or future taxes, duties, assessments or governmental charges of whatever nature imposed or levied by or on behalf of the Government of Canada or any province or territory or political subdivision thereof or any authority or agency therein or thereof having power to tax unless the withholding or deduction of such taxes, duties, assessments or charges is required by law or the application, administration or interpretation thereof. In the event that such withholding or deduction is so required, the Canadian Subsidiary Issuer GEC Canada Funding (in the case of Notes issued by such Canadian Subsidiary IssuerGEC Canada Funding) or the Guarantor (if the Guarantor is required to make payments under the Guarantee) shall pay (subject to the right of redemption of such Canadian Subsidiary Issuer GEC Canada Funding referred to above in Section 6 - "Redemption; Sinking Funds; Repayment at the Option of the Holder"paragraph (h) below such additional amounts (the "?Canadian Additional Amounts") as may be necessary in order that the net amounts received by the holders of Notes and coupons appertaining thereto after such withholding or deduction shall equal the respective amounts of principal and interest which otherwise would have been received by them in respect of such Notes or coupons, as the case may be, in the absence of such withholding or deduction, except that no Canadian Additional Amounts shall be payable with respect to any such Note or coupon presented for payment:

Appears in 1 contract

Samples: Fiscal and Paying Agency Agreement (General Electric Capital Services Inc/Ct)

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Canadian Additional Amounts. All payments of principal and interest in respect of Notes issued by a Canadian Subsidiary Issuer GE Capital Canada Funding and any interest coupons appertaining thereto will be made without withholding of or deduction for, or on account of, any present or future taxes, duties, assessments or governmental charges of whatever nature imposed or levied by or on behalf of the Government of Canada or any province or territory or political subdivision thereof or any authority or agency therein or thereof having power to tax unless the withholding or deduction of such taxes, duties, assessments or charges is required by law or the application, administration or interpretation thereof. In the event that such withholding or deduction is so required, the Canadian Subsidiary Issuer GE Capital Canada Funding (in the case of Notes issued by such Canadian Subsidiary IssuerGE Capital Canada Funding) or the Guarantor (if the Guarantor is required to make payments under the Guarantee) shall pay (subject to the right of redemption of such Canadian Subsidiary Issuer GE Capital Canada Funding referred to above in Section 6 - "Redemption; Sinking Funds; Repayment at the Option of the Holder"paragraph (i) below such additional amounts (the "Canadian Additional Amounts") as may be necessary in order that the net amounts received by the holders of Notes and coupons appertaining thereto after such withholding or deduction shall equal the respective amounts of principal and interest which otherwise would have been received by them in respect of such Notes or coupons, as the case may be, in the absence of such withholding or deduction, except that no Canadian Additional Amounts shall be payable with respect to any such Note or coupon presented for payment:

Appears in 1 contract

Samples: Fiscal and Paying Agency Agreement (General Electric Capital Corp)

Canadian Additional Amounts. All payments of principal and --------------------------- interest in respect of Notes issued by a Canadian Subsidiary Issuer GEC Canada and any interest coupons appertaining thereto will be made without withholding of or deduction for, or on account of, any present or future taxes, duties, assessments or governmental charges of whatever nature imposed or levied by or on behalf of the Government of Canada or any province or territory or political subdivision thereof or any authority or agency therein or thereof having power to tax unless the withholding or deduction of such taxes, duties, assessments or charges is required by law or the application, administration or interpretation thereof. In the event that such withholding or deduction is so required, the Canadian Subsidiary Issuer (in the case of Notes issued by such Canadian Subsidiary Issuer) GEC Canada or the Guarantor (if the Guarantor is required to make payments under the Guarantee) shall pay (subject to the GEC Canada's right of redemption of such Canadian Subsidiary Issuer referred to above in Section 6 - "Redemption; Sinking Funds; Repayment at the Option of the Holder") such additional amounts (the "Canadian Additional Amounts") as may be necessary in order that the net amounts received by the holders of Notes and coupons appertaining thereto after such withholding or deduction shall equal the respective amounts of principal and interest which otherwise would have been received by them in respect of such Notes or coupons, as the case may be, in the absence of such withholding or deduction, except that no Canadian Additional Amounts shall be payable with respect to any such Note or coupon presented for payment:

Appears in 1 contract

Samples: Fiscal and Paying Agency Agreement (General Electric Capital Corp)

Canadian Additional Amounts. All payments of principal and interest in --------------------------- respect of Notes issued by a Canadian Subsidiary Issuer and any interest coupons appertaining thereto will be made without withholding of or deduction for, or on account of, any present or future taxes, duties, assessments or governmental charges of whatever nature imposed or levied by or on behalf of the Government of Canada or any province or territory or political subdivision thereof or any authority or agency therein or thereof having power to tax unless the withholding or deduction of such taxes, duties, assessments or charges is required by law or the application, administration or interpretation thereof. In the event that such withholding or deduction is so required, the Canadian Subsidiary Issuer (in the case of Notes issued by such Canadian Subsidiary Issuer) or the Guarantor (if the Guarantor is required to make payments under the Guarantee) shall pay (subject to the right of redemption of such Canadian Subsidiary Issuer referred to above in Section 6 - "Redemption; Sinking Funds; Repayment at the Option of the Holder"paragraph (h) below such additional amounts (the "Canadian Additional Amounts") as may be necessary in order that the net amounts received by the holders of Notes and coupons appertaining thereto after such withholding or deduction shall equal the respective amounts of principal and interest which otherwise would have been received by them in respect of such Notes or coupons, as the case may be, in the absence of such withholding or deduction, except that no Canadian Additional Amounts shall be payable with respect to any such Note or coupon presented for payment:

Appears in 1 contract

Samples: Fiscal and Paying Agency Agreement (General Electric Capital Corp)

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