Evidence of Payment of Tax. If an Obligor makes any payment under the 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 Facility Agent for each Bank, within thirty days after it has made such payment to the applicable 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 that Bank's share of such payment.
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Samples: Multicurrency Credit Agreement (Koninklijke Numico Nv), Bridge Facility Agreement (Koninklijke Numico Nv)
Evidence of Payment of Tax. If an Obligor makes any payment under the 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 Facility Agent for each Bankrequest and, within thirty days after of it has made such payment receiving the same, deliver to the applicable authority, Agent for each relevant Bank 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 that Bank's share of such payment.
Appears in 2 contracts
Samples: Credit Agreement (NTL Inc), Credit Agreement (NTL Inc/De/)
Evidence of Payment of Tax. If an Obligor makes any payment under the Finance Documents this Agreement 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 Law and shall deliver to the Facility Agent for each BankLender, within thirty ten days after it has made of receiving a receipt for such payment to from the applicable 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 that BankLender's share of such payment.
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