Common use of Evidence of Payment of Tax Clause in Contracts

Evidence of Payment of Tax. If any of the Obligors makes any payment 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 Agent for each Bank, within thirty days after it has made such payment to the applicable authority (or, if later, within 10 business days of receipt), 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 1 contract

Samples: Facility Agreement (Adt Limited)

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Evidence of Payment of Tax. If any of the Obligors Obligor makes any payment 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 Facility Agent for each Bank, within thirty days after it has made such payment to the applicable authority (or, if later, within 10 business days of receipt)authority, an original receipt (or a certified copy thereof) issued by such authority (if any) or other written evidence of payment as such Obligor can provide 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 1 contract

Samples: Multicurrency Revolving Credit Agreement (Royal Ahold)

Evidence of Payment of Tax. If any of the Obligors Borrower makes any payment 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 Facility Agent for each Bank, within thirty days after it has made such payment to the applicable authority (or, if later, within 10 business days of receipt)authority, an original receipt (or a certified copy thereof) issued by such authority (if any) or other written evidence of payment as the Borrower can provide 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 1 contract

Samples: Facility Agreement (Royal Ahold)

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Evidence of Payment of Tax. If any of the Obligors Borrower or a Guarantor makes any payment hereunder under any Facility Document 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 (or, if later, within 10 business days of receipt), 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 1 contract

Samples: Revolving Facility Agreement (Central European Media Enterprises LTD)

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