Common use of Exemption from Taxation Clause in Contracts

Exemption from Taxation. The Borrower shall ensure that: (a) the principal of, and service charge and other charges on the Loan are exempt from, and are paid without deduction for, any taxes levied by, or in the territory of, the Borrower; and (b) this Loan Agreement is exempt from any taxes levied by, or in the territory of, the Borrower on or in connection with the execution, delivery or registration thereof.

Exemption from Taxation. The Borrower shall ensure that:shall (a) the principal of, and service interest charge and other charges (including the Management Fee) on the Loan are exempt from, and are paid without deduction for, any taxes levied by, or in the territory of, the Borrower; and (b) this Loan Agreement is exempt from any taxes levied by, or in the territory of, the Borrower such member on or in connection with the execution, delivery or registration thereof.

Exemption from Taxation. The Borrower shall ensure that: (a) the principal of, and service interest charge and other charges (including the Management Fee) on the Loan are exempt from, and are paid without deduction for, any taxes levied by, or in the territory of, the Borrower; and (b) this Loan Agreement is and the Project Agreement, are exempt from any taxes levied by, or in the territory of, the Borrower such member on or in connection with the execution, delivery or registration thereof.

Exemption from Taxation. The Borrower shall ensure that: (a) the principal of, and service charge, interest charge and other charges on (including the Commitment Charge) on, the Loan are exempt from, and are paid without deduction for, any taxes levied by, or in the territory of, the Borrower; and (b) this Loan Agreement is and the Project Agreement are exempt from any taxes levied by, or in the territory of, the Borrower on or in connection with the execution, delivery or registration thereof.

Exemption from Taxation. The Borrower shall ensure that: (a) the principal of, and service interest charge and other charges (including the Management Fee) on the Loan are exempt from, and are paid without deduction for, any taxes levied by, or in the territory of, the Borrower; and (b) this Loan Agreement is exempt from any taxes levied by, or in the territory of, the Borrower such member on or in connection with the execution, delivery or registration thereof.

Exemption from Taxation. The Borrower shall ensure that: (ai) the principal of, and service charge and other charges on the Loan are exempt from, and are paid without deduction for, any taxes levied by, or in the territory of, the Borrower; and (bii) this the Loan Agreement is exempt from any taxes levied by, or in the territory of, the Borrower on or in connection with the execution, delivery or registration thereof.