Common use of FATCA Deduction Clause in Contracts

FATCA Deduction. 17.9.1 Each party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 Each party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the party to whom it is making the payment and, in addition, shall notify the Borrower, the Facility Agent and the other Facility Beneficiaries.

Appears in 4 contracts

Samples: Secured Term Loan Facility Agreement (Teekay Offshore Partners L.P.), Secured Term Loan Facility (Teekay Offshore Partners L.P.), Secured Term Loan Facility Agreement (Teekay Offshore Partners L.P.)

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FATCA Deduction. 17.9.1 14.10.1 Each party Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no party Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction Deduction, or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 14.10.2 Each party Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the party Party to whom it is making the payment and, in addition, shall notify the BorrowerCompany, the Facility Agent and the other Facility BeneficiariesFinance Parties.

Appears in 3 contracts

Samples: Multicurrency Revolving Facilities Agreement (PPL Energy Supply LLC), Multicurrency Revolving Facilities Agreement (PPL Energy Supply LLC), Amendment and Restatement Agreement (PPL Energy Supply LLC)

FATCA Deduction. 17.9.1 12.8.1 Each party Finance Party may make any FATCA Deduction it is required by FATCA to make by FATCAmake, and any payment required in connection with that FATCA Deduction, and no party Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 Each party 12.8.2 The Agent shall promptly, promptly upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the party Party to whom it is making the payment and, in addition, shall notify the BorrowerBorrowers, the Facility Agent and the other Facility BeneficiariesFinance Parties.

Appears in 3 contracts

Samples: Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC)

FATCA Deduction. 17.9.1 15.3.1 Each party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no party Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 15.3.2 Each party Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the party to whom it is making the payment and, in addition, shall notify the Borrower, the Facility Agent and the other Facility BeneficiariesFinance Parties.

Appears in 2 contracts

Samples: Facility Agreement (Avolon Holdings LTD), Facility Agreement (Avolon Holdings LTD)

FATCA Deduction. 17.9.1 12.8.1 Each party Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no party Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 12.8.2 Each party Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the party Party to whom it is making the payment and, in addition, shall notify the Borrower, the Facility Agent and the other Facility BeneficiariesFinance Parties.

Appears in 2 contracts

Samples: Secured Loan Agreement, Secured Loan Agreement (HC2 Holdings, Inc.)

FATCA Deduction. 17.9.1 8.15.1 Each party Party may make any FATCA Deduction it is required by FATCA to make by FATCAmake, and any payment required in connection with that FATCA Deduction, and no party Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 8.15.2 Each party Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the party Party to whom it is making the payment and, in addition, shall notify the Borrower, the Facility Agent and the other Facility BeneficiariesFinance Parties.

Appears in 2 contracts

Samples: Secured Term Loan Facility Agreement (Teekay Tankers Ltd.), Senior Secured Revolving Credit Facility Agreement (Teekay Offshore Partners L.P.)

FATCA Deduction. 17.9.1 16.8.1 Each party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 16.8.2 Each party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the party to whom it is making the payment and, in addition, shall notify the Borrower, Borrowers and the Facility Agent and the Agent shall notify the other Facility BeneficiariesFinance Parties.

Appears in 2 contracts

Samples: Loan Agreement (Cool Co Ltd.), Loan Agreement (Cool Co Ltd.)

FATCA Deduction. 17.9.1 8.14.1 Each party Party may make any FATCA Deduction it is required by FATCA to make by FATCAmake, and any payment required in connection with that FATCA Deduction, and no party Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 8.14.2 Each party Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the party Party to whom it is making the payment and, in addition, shall notify the Borrower, the Facility Agent and the other Facility BeneficiariesFinance Parties.

Appears in 2 contracts

Samples: Secured Loan Agreement (Teekay LNG Partners L.P.), Secured Loan Agreement (Teekay LNG Partners L.P.)

FATCA Deduction. 17.9.1 14.9.1 Each party Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no party Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 14.9.2 Each party Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the party Party to whom it is making the payment and, in addition, shall notify the Borrower, Company and the Facility Agent and the Agent shall notify the other Facility BeneficiariesFinance Parties.

Appears in 2 contracts

Samples: Revolving Facility Agreement (Sibanye Gold LTD), Revolving Facility Agreement (Sibanye Gold LTD)

FATCA Deduction. 17.9.1 8.12.1 Each party Party may make any FATCA Deduction it is required to make by FATCA, FATCA and any payment required in connection with that FATCA Deduction, Deduction and no party Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that the FATCA Deduction. 17.9.2 8.12.2 Each party Party shall promptly, promptly upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the party Party to whom it is making the payment and, in addition, shall notify the Borrower, the Facility Agent Borrower and the Agent shall notify the other Facility BeneficiariesFinance Parties.

Appears in 2 contracts

Samples: Secured Loan Agreement (Baltic Trading LTD), Secured Loan Agreement (Baltic Trading LTD)

FATCA Deduction. 17.9.1 12.9.1 Each party Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no party Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 12.9.2 Each party Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the party Party to whom it is making the payment and, in addition, shall notify the Borrower, Borrower and the Facility Agent and the Agent shall notify the other Facility BeneficiariesFinance Parties.

Appears in 1 contract

Samples: Secured Loan Agreement (Safe Bulkers, Inc.)

FATCA Deduction. 17.9.1 12.9.1 Each party Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no party Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 12.9.2 Each party Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the party Party to whom it is making the payment and, in addition, shall notify the Borrower, Company and the Facility Agent and the Agent shall notify the other Facility BeneficiariesFinance Parties.

Appears in 1 contract

Samples: Facility Agreement

FATCA Deduction. 17.9.1 12.9.1 Each party Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no party Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 12.9.2 Each party Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the party Party to whom it is making the payment and, in addition, shall notify the Borrower, Borrowers and the Facility Agent and the Agent shall notify the other Facility BeneficiariesFinance Parties.

Appears in 1 contract

Samples: Secured Loan Agreement (Performance Shipping Inc.)

FATCA Deduction. 17.9.1 14.8.1 Each party Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no party Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 14.8.2 Each party Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the party Party to whom it is making the payment and, in addition, shall notify the Borrower, Borrower and the Facility Agent and the Agent shall notify the other Facility BeneficiariesFinance Parties.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Mercer International Inc.)

FATCA Deduction. 17.9.1 12.9.1 Each party Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no party Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 12.9.2 Each party Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the party Party to whom it is making the payment and, in addition, shall notify the BorrowerParent, the Facility Agent and the other Facility Beneficiaries.Finance Parties. Gold Fields_ RCF Table of Contents

Appears in 1 contract

Samples: Zar Revolving Credit Facility Agreement (Gold Fields LTD)

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FATCA Deduction. 17.9.1 12.8.1 Each party Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no party Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 12.8.2 Each party Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the party Party to whom it is making the payment and, in addition, shall notify the Borrower, Parent and the Facility Agent and the Facility Agent shall notify the other Facility BeneficiariesFinance Parties.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Autoliv Inc)

FATCA Deduction. 17.9.1 12.8.1 Each party Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no party Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 12.8.2 Each party Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the party Party to whom it is making the payment and, in addition, shall notify the Borrower, the Facility Agent Borrowers and the Agent in writing and the Agent shall notify the other Facility BeneficiariesFinance Parties.

Appears in 1 contract

Samples: Secured Loan Agreement (DHT Holdings, Inc.)

FATCA Deduction. 17.9.1 12.7.1 Each party Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no party Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 12.7.2 Each party Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the party Party to whom it is making the payment and, in addition, shall notify the Borrower, Company and the Facility Agent and the Facility Agent shall notify the other Facility BeneficiariesFinance Parties.

Appears in 1 contract

Samples: Multicurrency Bridge Facility Agreement

FATCA Deduction. 17.9.1 12.9.1 Each party Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no party Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 12.9.2 Each party Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the party Party to whom it is making the payment and, in addition, shall notify the Borrower, Borrower and the Facility Agent and the Agent shall notify the other Facility BeneficiariesFinance Parties.

Appears in 1 contract

Samples: Revolving Facility Agreement

FATCA Deduction. 17.9.1 12.8.1 Each party Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no party Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 12.8.2 Each party Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the party Party to whom it is making the payment and, in addition, shall notify the Borrower, Borrower and the Facility Agent and the Facility Agent shall notify the other Facility BeneficiariesFinance Parties.

Appears in 1 contract

Samples: Facility Agreement (Powerfleet, Inc.)

FATCA Deduction. 17.9.1 12.6.1 Each party Party may make any FATCA Deduction it is required by FATCA to make by FATCAmake, and any payment required in connection with that FATCA Deduction, and no party Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 12.6.2 Each party Party shall promptly, promptly upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the party Party to whom it is making the payment and, in addition, shall notify the Borrower, Borrowers and the Facility Agent and the Agent shall notify the other Facility BeneficiariesFinance Parties.

Appears in 1 contract

Samples: Facility Agreement (DryShips Inc.)

FATCA Deduction. 17.9.1 12.7.1 Each party Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no party Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 12.7.2 Each party Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) ), notify the party Party to whom it is making the payment and, in addition, shall notify the Borrower, Company and the Facility Agent and the Agent shall notify the other Facility BeneficiariesFinance Parties.

Appears in 1 contract

Samples: Facilities Agreement (Elbit Imaging LTD)

FATCA Deduction. 17.9.1 12.8.1 Each party Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no party Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 12.8.2 Each party Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such FATCA Deduction) notify the party Party to whom it is making the payment and, in addition, shall notify the Borrower, Borrower and the Facility Agent and the Agent shall notify the other Facility BeneficiariesFinance Parties.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Bulkers Inc.)

FATCA Deduction. 17.9.1 15.13.1 Each party Party may make any FATCA Deduction it is required to make by FATCA, and any payment required in connection with that FATCA Deduction, and no party Party shall be required to increase any payment in respect of which it makes such a FATCA Deduction or otherwise compensate the recipient of the payment for that FATCA Deduction. 17.9.2 15.13.2 Each party Party shall promptly, upon becoming aware that it must make a FATCA Deduction (or that there is any change in the rate or of the basis of such FATCA Deduction) ), notify the party Party to whom it is making the payment and, in addition, shall notify the Borrower, Party and the Facility Agent and the Facility Agent shall notify the other Facility BeneficiariesFinance Parties.

Appears in 1 contract

Samples: Revolving Credit Facilities Agreement (WPP PLC)

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