Deduction of Tax. It is not required to make any deduction for or on account of Tax from any payment it may make under any Finance Document.
Deduction of Tax. It is not required under the law of its jurisdiction of incorporation to make any deduction for or on account of Tax from any payment it may make under any Finance Document.
Deduction of Tax. No Security Party is required under the law of its jurisdiction of incorporation to make any deduction for or on account of Tax from any payment it may make under any Finance Document.
Deduction of Tax. At the date of this Agreement, it is not required to make any deduction for or on account of Tax from any payment it may make under any Finance Document.
Deduction of Tax. No Obligor is required under the laws of its Relevant Jurisdiction or at its address specified in accordance with this Agreement to make any deduction for or on account of Tax from any payment it may make under any Finance Document.
Deduction of Tax. It is not required to make any Tax Deduction (as defined in Clause 14.1 (Definitions)) from any payment it may make under any Finance Document to a Lender.
Deduction of Tax. Subject to receipt by the Borrower from the Lender of the documents referred to in Clause 11.3, it is not required to make any deduction for or on account of tax from any payment it may make under this Agreement.
Deduction of Tax. No Obligor is required to make any deduction for or on account of Tax from any payment it may make under any Finance Document.
Deduction of Tax. Subject to the Legal Reservations, it is not required under the law of each Relevant Jurisdiction to make any deduction for or on account of Tax from any payment it may make under any Finance Document.
Deduction of Tax. It is not required to make any deduction for or on account of Tax from any payment it may make under any Finance Document to a Lender which is:
(a) a Qualifying Lender:
(i) falling within paragraph (i)(A) of the definition of Qualifying Lender;
(ii) except where a Direction has been given under section 931 of the ITA in relation to the payment concerned, falling within paragraph (i)(B) of the definition of Qualifying Lender; or
(iii) falling within paragraph (ii) of the definition of Qualifying Lender or;
(b) a Treaty Lender and the payment is one specified in a direction given by the Commissioners of Revenue & Customs under Regulation 2 of the Double Taxation Relief (Taxes on Income) (General) Regulations 1970 (SI 1970/488).
