Common use of CERTIFICATION TO SECURE A TAX BENEFIT Clause in Contracts

CERTIFICATION TO SECURE A TAX BENEFIT. If, in order to make any payment due under this Agreement to any Finance Party without deduction or withholding for or on account of Tax or to secure the benefit of any reduced rate of such deduction or withholding, any Obligor requires a direction from, or the consent, of a government or taxing authority: 9.8.1 the Obligors agree to use their reasonable endeavours to complete (accurately and in a manner reasonably satisfactory to such Finance Party), execute, arrange for any required certification of, and deliver to such Finance Party or such government or taxing authority as such Finance Party reasonably directs, any form or document reasonably required of it, and to provide such information that such Finance Party or such government or taxing authority may reasonably require or request in order to assist or enable such Finance Party to secure that such a direction or consent is given to the relevant Obligor in respect of any payment. Each Obligor shall perform its obligations under this clause 9. 8.1 promptly upon the earlier of: (a) being notified that the form, document or information is required or requested; and (b) demand being made by such Finance Party or the relevant government or taxing authority, as the case may be; and 9.8.2 each Finance Party agrees to use its reasonable endeavours to complete, execute, arrange for any required certification of, and deliver to the relevant Obligor, or such government or taxing authority as the Original Borrower may reasonably direct, any form or document reasonably required of it, and to provide such information that the Original Borrower or such government or taxing authority may reasonably require or request in order to assist or enable the Original Borrower to secure that such a direction or consent is given to the relevant Obligor in respect of any payment.

CERTIFICATION TO SECURE A TAX BENEFIT. If, in order to make any payment due under this Agreement and/or any Security Document to any Finance Secured Party without deduction or withholding for or on account of Tax or to secure the benefit of any reduced rate of such deduction or withholding, any Obligor requires a direction from, from or the consent, consent of a government or taxing authority: 9.8.1 (a) the Obligors agree relevant Obligor agrees to use their its reasonable endeavours to complete (accurately and in a manner reasonably satisfactory to such Finance Secured Party), execute, arrange for any required certification of, and deliver to such Finance Secured Party or such government or taxing authority as such Finance Secured Party reasonably directs, any form or document reasonably required of it, and to provide such information that such Finance Secured Party or such government or taxing authority may reasonably require or request in order to assist or enable such Finance Secured Party to secure that such a direction or consent is given to the relevant Obligor in respect of any payment. Each Obligor shall perform its obligations under this clause 9. 8.1 sub-paragraph (a) promptly upon the earlier of: (ai) being notified that the form, document or information is required or requested; and (bii) demand being made by such Finance Secured Party or the relevant government or taxing authority, as the case may be; and; 9.8.2 (b) each Finance Secured Party agrees to use its reasonable endeavours to completecomplete (accurately and in a manner reasonably satisfactory to the relevant Obligor), execute, arrange for any required certification of, and deliver to the relevant Obligor, or such government or taxing authority as the Original Borrower relevant Obligor may reasonably direct, any form or document reasonably required of it, and to provide such information that the Original Borrower relevant Obligor or such government or taxing authority may reasonably require or request in order to assist or enable the Original Borrower relevant Obligor to secure that such a direction or consent is given to the relevant Obligor in respect of any payment. The obligations of the Secured Parties under this sub-paragraph (b) shall be performed within 30 days of reasonable demand by the relevant Obligor.