DEDUCTIONS OR WITHHOLDINGS. 4.1 Each Group Company has duly complied in material respects with all statutory requirements to deduct or withhold Taxation from any payments it has made and has properly accounted to the relevant Tax Authority for any such Taxation which ought to have been accounted for prior to the date hereof.
4.2 The Disclosure Letter contains details of all sums payable under any obligation incurred by any Group Company prior to the date hereof and which will continue to bind the relevant Group Company after Completion from or in respect of which that Group Company is obliged to deduct, withhold or otherwise account for any amount in respect of or representing Tax.
DEDUCTIONS OR WITHHOLDINGS. All sums payable by the Company under this Agreement shall be paid free and clear of and without deductions or withholdings of any present or future taxes or duties, unless the deduction or withholding is required by law, in which case the Company shall pay such additional amount as will result in the receipt by each Underwriter of the full amount that would have been received had no deduction or withholding been made.
DEDUCTIONS OR WITHHOLDINGS. The Company has duly complied with all requirements to deduct or withhold Taxation from any payments it has made and has accounted in full to the appropriate Tax Authorities for all amounts so deducted or withheld.
DEDUCTIONS OR WITHHOLDINGS. 6.1 Any payments made by or due from the Covenantor pursuant to the terms of this Agreement shall be free and clear of all Taxation whatsoever save only for any deductions or withholdings required by law.
6.2 If any deductions or withholdings are required by law, or any payments made by or due from the Covenantor under this Agreement are liable for Taxation (whether in the hands of the Buyer, or the Group or otherwise), or would have been liable for Taxation but for the utilization of any Tax Relief in respect of such liability, the Covenantor shall be liable under this sub-clause 6.2 to pay to the Buyer, or the relevant member of the Group (as the case may be) to which the payments are made or due by virtue of clause 2 such further sums as will ensure that the aggregate of the sums paid or payable under this sub-clause and clause 2 shall, after deducting therefrom all deductions or withholdings from, or Taxation liabilities in respect of, such sums, leave the Buyer or the relevant member of the Group (as the case may be) with the same amount as it would have been entitled to receive under clause 2 in the absence of any such deductions, withholdings or Taxation liabilities.
DEDUCTIONS OR WITHHOLDINGS. All amounts payable under a Bond must be paid:
(a) free of any restriction or condition;
(b) free and clear of and (except to the extent required by law or as provided for in this clause 15) without any deduction or withholding on account of any taxes; and
(c) without deduction or withholding on account of any other amount whether by way of set-off or otherwise (except as provided in this clause 15).
DEDUCTIONS OR WITHHOLDINGS. 9.1 Any payment made under clauses 2 or 5 of the Deed shall be made free and clear of all taxation whatsoever save only for any deductions or withholdings required by law.
9.2 If any deductions or withholdings are required by law to be made in respect of any such payment or if any such payment is subject to any taxation in the hands of the payee the payer shall be liable to pay to the payee such further sums as shall ensure that the aggregate of the sums paid or payable under this sub-clause and the payment shall, after deducting therefrom all deductions or withholdings from, or taxation liabilities in respect of such aggregate amount leave the payee with the same amount as it would have been entitled to receive under clauses 2 or 5 in the absence of any such deductions, withholdings or taxation liabilities.
DEDUCTIONS OR WITHHOLDINGS. 6.1 Any payments made by or due from THG pursuant to the terms of this Schedule shall be paid without any rights of counterclaim or (except to the extent set out herein) set-off and free and clear of all Taxation whatsoever save only for any deductions or withholdings required by law.
6.2 If any deductions or withholdings are required by Law, or any payments made by or due from THG under this Schedule are liable for Taxation in the hands of the Buyer, THG shall be liable under this paragraph 6.2 to pay to the Buyer such further sums as will ensure that the aggregate of the sums paid or payable under this paragraph 6.2 and paragraph 2 of this Schedule shall, after taking into account all deductions or withholdings from, and Taxation liabilities in respect of, such sums, leave the Buyer with the same amount as it would have been entitled to receive under paragraph 2 of this Schedule in the absence of any such deductions, withholdings or Taxation liabilities.
6.3 If the deduction or withholding in respect of which a further amount has been paid under paragraph 6.2 above results in the Buyer, any member of the Buyer’s Tax Group or any Group Company obtaining a Tax Relief, the Buyer shall make payment or shall procure payment to THG, within 20 Business Days of the use or set off of such Tax Relief or refund or repayment of Tax which is or arises from that Tax Relief, of an amount which the Buyer determines (acting reasonably) will leave it (after that payment, and taking the position of the Buyer, the members of the Buyer’s Tax Group and Group Companies in aggregate) in the same after-Tax position as it would have been in had the further sums paid pursuant to paragraph 6.2 above not been required to be made by THG.
6.4 The Buyer shall notify THG in respect of obtaining any Tax Relief to which paragraph 6.3 above applies as soon as reasonably practicable after the use or set off of such Tax Relief or, in the case of any refund or repayment of Tax which is or arises from that Tax Relief, receipt of any such refund or repayment of Tax.
6.5 If the Buyer assigns any of its rights under this Agreement or this Schedule, the assignee shall only be entitled to receive payment under paragraph 6.2 above to the same extent as the Buyer would have been had the assignment not occurred.
DEDUCTIONS OR WITHHOLDINGS. ADI has duly complied with all requirements to deduct or withhold taxation from any payments it has been made and has accounted in full to the appropriate authorities for all amounts so deducted or withheld.
DEDUCTIONS OR WITHHOLDINGS. All sums payable to BCF under this Agreement shall be paid free and clear of all deductions or withholdings unless the deduction or withholding is required by law, in which event the relevant person shall pay such additional amount as shall be required to ensure that the net amount received by BCF will equal the full amount which would have been received by it had no such deduction or withholding been made.
DEDUCTIONS OR WITHHOLDINGS. If any deductions or withholdings are required by Applicable Law, the paying party shall be obliged to pay such sum as will, after such deduction or withholdings have been made, leave the receiving party with the same amount as it would have been entitled to receive in the absence of any such requirement to make such deduction or withholding.
