Default Interest; Other Amounts. Section 2(e) of this Agreement is hereby amended by adding the following at the end of the first sentence thereof: ; provided, however, that this Section 2(e) shall not apply to either Party A or Party B if its failure to pay is caused solely by such party becoming required to deduct or withhold on account of any Tax as set out in Section 2(d)(i).
Appears in 4 contracts
Samples: Master Agreement (Toyota Motor Credit Corp), Master Agreement (Toyota Auto Finance Receivables LLC), Master Agreement (Toyota Auto Finance Receivables LLC)
Default Interest; Other Amounts. Section 2(e) of this Agreement is hereby amended by adding the following at the end of the first sentence thereof: ; providedPROVIDED, howeverHOWEVER, that this Section 2(e) shall not apply to either Party A or Party B if its failure to pay is caused solely by such party becoming required to deduct or withhold on account of any Tax as set out in Section 2(d)(i).
Appears in 3 contracts
Samples: Master Agreement (Toyota Lease Trust), Master Agreement (Toyota Motor Credit Corp), Isda Master Agreement (Toyota Auto Lease Trust 1998 C)
Default Interest; Other Amounts. Section 2(e) of this Agreement is hereby amended by adding the following at the end of the first sentence thereof: ; providedPROVIDED, howeverHOWEVER, that this Section 2(e) shall not apply to either Party A or Party B if its failure to pay is caused solely by such party becoming required to deduct or withhold on account of any Tax as set out in Section 2(d)(i).
Appears in 1 contract
Samples: Master Agreement (Toyota Motor Credit Receivables Corp)
Default Interest; Other Amounts. Section 2(e) of this Agreement is hereby amended by adding the following at the end of the first sentence thereof: ; ;provided, however, that this Section 2(e) shall not apply to either Party A or Party B if its failure to pay is caused solely by such party becoming required to deduct or withhold on account of any Tax as set out in Section 2(d)(i).
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Default Interest; Other Amounts. Section 2(e) of this Agreement is hereby amended by adding the following at the end of the first sentence thereof: ; provided"PROVIDED, howeverHOWEVER, that this Section 2(e) shall not apply to either Party A Counter party or Party B Trust if its and to the extent failure to pay is caused solely by such party becoming being required to withhold or deduct or withhold on account an amount of any Tax as set out in Section 2(d)(i)."
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