Common use of Evidence of Payment of Tax Clause in Contracts

Evidence of Payment of Tax. If the Borrower makes any payment under any of the Facility Documents in respect of which it is required to make any deduction or withholding, it shall pay the full amount required to be deducted or withheld to the relevant taxation or other authority within the time allowed for such payment under applicable law and shall deliver to the Agent, within thirty days after it has received the same, an original receipt (or a certified copy thereof) issued by such authority evidencing the payment to such authority of all amounts so required to be deducted or withheld in respect of such payment.

Appears in 5 contracts

Samples: Junior Facility Agreement (General Maritime Corp), Junior Facility Agreement (General Maritime Corp), Senior Facility Agreement (General Maritime Corp)

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Evidence of Payment of Tax. If the Borrower makes any payment under any of the Facility Financing Documents in respect of which it is required to make any deduction or withholding, it shall pay the full amount required to be deducted or withheld to the relevant taxation or other authority within the time allowed for such payment under applicable law and shall deliver to the Agent, within thirty days after it has received the same, an original receipt (or a certified copy thereof) issued by such authority evidencing the payment to such authority of all amounts so required to be deducted or withheld in respect of such payment.

Appears in 2 contracts

Samples: Senior Facility Agreement (General Maritime Corp), Junior Facility Agreement (General Maritime Corp)

Evidence of Payment of Tax. If the either Borrower makes any payment under any of the Facility Documents in respect of which it is required to make any deduction or withholding, it shall pay the full amount required to be deducted or withheld to the relevant taxation or other authority within the time allowed for such payment under applicable law and shall deliver to the Agent, within thirty days after it has received the same, an original receipt (or a certified copy thereof) issued by such authority evidencing the payment to such authority of all amounts so required to be deducted or withheld in respect of such payment.

Appears in 2 contracts

Samples: Senior Facility Agreement (General Maritime Corp), Junior Facility Agreement (General Maritime Corp)

Evidence of Payment of Tax. If the Borrower makes any payment under any of the Facility Finance Documents in respect of which it is required to make any deduction or withholding, it shall pay the full amount required to be deducted or withheld to the relevant taxation or other authority within the time allowed for such payment under applicable law and shall deliver to the AgentBank, within thirty days after it has received made such payment to the sameapplicable authority, an original receipt (or a certified copy thereof) issued by such authority evidencing the payment to such authority of all amounts so required to be deducted or withheld in respect of such payment.

Appears in 1 contract

Samples: Agreement (Maxtor Corp)

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Evidence of Payment of Tax. If the Borrower makes any payment under any of the Facility Documents to which it is a party in respect of which it is required to make any deduction or withholding, it shall pay the full amount required to be deducted or withheld to the relevant taxation or other authority within the time allowed for such payment under applicable law and shall deliver to the Agent, within thirty days after it has received the same, an original receipt (or a certified copy thereof) issued by such authority evidencing the payment to such authority of all amounts so required to be deducted or withheld in respect of such payment.

Appears in 1 contract

Samples: Junior Facility Agreement (General Maritime Corp)

Evidence of Payment of Tax. If the Borrower makes any payment under any of the Facility Documents hereunder in respect of which it is required to make any deduction or withholding, it shall pay the full amount required to be deducted or withheld to the relevant taxation or other authority within the time allowed for such payment under applicable law and shall deliver to the AgentLender, within thirty days after it has received made such payment to the sameapplicable authority, an original receipt (or a certified copy thereof) issued by such authority evidencing the payment to such authority of all amounts so required to be deducted or withheld in respect of such payment.

Appears in 1 contract

Samples: Ansaldo Signal Nv

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