Common use of EVIDENCE OF PAYMENT OF Clause in Contracts

EVIDENCE OF PAYMENT OF. TAX If any 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, 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.

EVIDENCE OF PAYMENT OF. TAX If any either Obligor 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 BankFinance Party, 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 (or, if any) or other written evidence of payment as the applicable authority does not issue such Obligor can provide a receipt, by the Borrower evidencing the payment to such authority of all amounts so required to be deducted or withheld in respect of that BankFinance Party's share of such payment.