Common use of FATCA Deduction Clause in Contracts

FATCA Deduction. 14.6.1 Each party may make any FATCA Deduction it is required to make by FATCA (as this term is defined in Clause 14.7 herein below), 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 otheJWise compensate the recipient of the payment for that FATCA Deduction. 14.6.2 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 and the Agent and the Agent shall notify the other Lenders.

Appears in 2 contracts

Samples: Facility Agreement (Wallbox N.V.), Facility Agreement (Wallbox N.V.)

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FATCA Deduction. 14.6.1 (a) Each party Party may make any FATCA Deduction it is required to make by FATCA (as this term is defined in Clause 14.7 herein below)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 otheJWise otherwise compensate the recipient of the payment for that FATCA Deduction.. WTL/1019005126/Third Amended and Restated FA 14.6.2 (b) 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 and the Agent and the Agent shall notify the other LendersFinance Parties.

Appears in 1 contract

Samples: Third Amendment and Restatement Agreement (Las Vegas Sands Corp)

FATCA Deduction. 14.6.1 (a) Each party Party may make any FATCA Deduction it is required to make by FATCA (as this term is defined in Clause 14.7 herein below)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 otheJWise otherwise compensate the recipient of the payment for that FATCA Deduction, including, without limitation, under Clauses 12.2 and 12.3 of this Agreement. 14.6.2 (b) 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 each Obligor and the Facility Agent and the Facility Agent shall notify the other LendersFinance Parties.

Appears in 1 contract

Samples: Facility Agreement (Diana Containerships Inc.)

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FATCA Deduction. 14.6.1 (a) Each party may make any FATCA Deduction it is required to make by FATCA (as this term is defined in Clause 14.7 herein below)FATCA, and any payment required in connection with that FATCA Deduction, and no party shall will be required to increase any payment in respect of which it makes such a FATCA Deduction or otheJWise otherwise compensate the recipient of the payment for that FATCA Deduction. 14.6.2 (b) Each party shall promptly, upon becoming must as soon as reasonably practicable after it becomes aware that it must make a FATCA Deduction (or that there is any change in the rate or the basis of such the FATCA Deduction), ) notify the party to whom it is making the payment and, in addition, shall must notify the Borrower and Borrower, the Agent and the Agent shall notify the other LendersFinance Parties.

Appears in 1 contract

Samples: Term Facility Agreement (Paringa Resources LTD)

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