Common use of Deduction or Withholding; Tax Receipts Clause in Contracts

Deduction or Withholding; Tax Receipts. If the Borrower makes any payment hereunder in respect of which it is required by law to make any deduction or withholding, it shall pay the full amount to be deducted or withheld to the relevant taxation or other authority within the time allowed for such payment under applicable law and promptly thereafter shall furnish to the Agent (for itself or for redelivery to the Bank to or for the account of which such payment was made) an original or certified copy of a receipt evidencing payment thereof, together with such other information and documents as the Agent or any Bank (through the Agent) may reasonably request.

Appears in 5 contracts

Samples: Credit Agreement (Cadence Design Systems Inc), Credit Agreement (Watkins Johnson Co), Day Credit Agreement (Cadence Design Systems Inc)

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Deduction or Withholding; Tax Receipts. If the Borrower makes any payment hereunder in respect of which it is required by law to make any deduction or withholding, it shall pay the full amount to be deducted or withheld to the relevant taxation or other authority within the time allowed for such payment under applicable law and promptly thereafter shall furnish to the Agent (for itself or for redelivery to the Bank Lender to or for the account of which such payment was made) an original or certified copy of a receipt evidencing payment thereof, together with such other information and documents as the Agent or any Bank Lender (through the Agent) may reasonably request.

Appears in 3 contracts

Samples: Credit Agreement (Unified Western Grocers Inc), Credit Agreement (Certified Grocers of California LTD), Credit Agreement (Unified Western Grocers Inc)

Deduction or Withholding; Tax Receipts. If the Borrower makes any payment hereunder in respect of which it is required by law to make any deduction or withholding, it shall pay the full amount to be deducted or withheld to the relevant taxation or other authority within the time allowed for such payment under applicable law and promptly thereafter shall furnish to the Agent (for itself or for redelivery to the Bank Lender to or for the account of which such payment was made) an original or certified copy of a receipt evidencing payment thereof, together with such other information and documents as the Agent or any Bank Lender (through the Agent) may reasonably request.

Appears in 2 contracts

Samples: Credit Agreement (Chalone Wine Group LTD), Credit Agreement (Chalone Wine Group LTD)

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Deduction or Withholding; Tax Receipts. If the Borrower makes any payment -------------------------------------- hereunder in respect of which it is required by law to make any deduction or withholding, it shall pay the full amount to be deducted or withheld to the relevant taxation or other authority within the time allowed for such payment under applicable law and promptly thereafter shall furnish to the Agent (for itself or for redelivery to the Bank to or for the account of which such payment was made) an original or certified copy of a receipt evidencing payment thereof, together with such other information and documents as the Agent or any Bank (through the Agent) may reasonably request.

Appears in 1 contract

Samples: Credit Agreement (Nationwide Health Properties Inc)

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