Common use of Foreign Taxes Clause in Contracts

Foreign Taxes. All payments by the Company to the Underwriters hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by the government of Colombia or any other jurisdiction from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters having some present or former connection with any such jurisdiction other than their participation as the Underwriters hereunder, and the receipt of payments hereunder, and (ii) any income or franchise tax on the overall net income of the Underwriters imposed by the United States or by the State of New York or any political subdivision of the United States or of the State of New York (all such non-excluded taxes, “Foreign Taxes”). If the Company is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall be increased to such amount as is necessary to yield and remit to the Underwriters an amount that, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 5 contracts

Samples: Underwriting Agreement (Bancolombia Sa), Underwriting Agreement (Bancolombia Sa), Underwriting Agreement (Bancolombia Sa)

AutoNDA by SimpleDocs

Foreign Taxes. All payments by the Company to the Underwriters hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by any jurisdiction in which the government of Colombia Company is organized, resident, doing business or any other jurisdiction has an office from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters having some present or former connection with any such the taxing jurisdiction other than their its participation as the Underwriters hereunderan Underwriter hereunder (including, and the receipt of payments hereunderif applicable, and (ii) any income or franchise tax on the overall net income of the Underwriters an Underwriter imposed by the United States or by the State of New York or any political subdivision of the United States or of the State of New York York) (all such non-excluded taxes, “Foreign Taxes”). If the Company is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall shall, to the extent permitted by law, be increased to such amount as is necessary to yield and remit to the Underwriters an amount thatwhich, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 5 contracts

Samples: Underwriting Agreement (Triton International LTD), Underwriting Agreement (Triton International LTD), Underwriting Agreement (Triton International LTD)

Foreign Taxes. All payments by the Company Holdings to the Underwriters hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by the government of Colombia any jurisdiction in which Holdings is organized, resident, doing business or any other jurisdiction has an office from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters any Underwriter having some present or former connection with any such the taxing jurisdiction other than their its participation as the Underwriters hereunder, and the receipt of payments hereunder, an Underwriter hereunder and (ii) any income or franchise tax on the overall net income of the Underwriters an Underwriter imposed by the United States or States, by the State of New York or any other state thereof, or the District of Columbia, or any political subdivision or territory of the United States States, of any state thereof, of the District of Columbia or of the State of New York (all such non-excluded taxes, “Foreign Taxes”). If the Company Holdings is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall shall, to the extent permitted by law, be increased to such amount as is necessary to yield and remit to the Underwriters such Underwriter an amount thatwhich, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 4 contracts

Samples: Underwriting Agreement (Norwegian Cruise Line Holdings Ltd.), Underwriting Agreement (Norwegian Cruise Line Holdings Ltd.), Underwriting Agreement (Norwegian Cruise Line Holdings Ltd.)

Foreign Taxes. All payments by the Company to each of the Underwriters hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by Japan, the government of Colombia United States or any other jurisdiction in which the Company has an office from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters such Underwriter having some present or former connection with any such jurisdiction other than their its participation as the Underwriters hereunder, and the receipt of payments Underwriter hereunder, and (ii) any income or franchise tax on the overall net income of the Underwriters such Underwriter imposed by the United States or by the State of New York or any political subdivision of the United States or of the State of New York (all such non-excluded taxes, “Foreign Taxes”). If the Company is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall shall, to the extent permitted by law, be increased to such amount as is necessary to yield and remit to the Underwriters each Underwriter an amount thatwhich, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) ), equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 4 contracts

Samples: Underwriting Agreement (Mitsubishi Ufj Financial Group Inc), Underwriting Agreement (Mitsubishi Ufj Financial Group Inc), Underwriting Agreement (Mitsubishi Ufj Financial Group Inc)

Foreign Taxes. All payments by the Company to each of the Underwriters hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by the government of Colombia by, Japan or any other jurisdiction in which the Company has an office from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters such Underwriter having some present or former connection with any such jurisdiction other than their its participation as the Underwriters hereunder, and the receipt of payments Underwriter hereunder, and (ii) any income or franchise tax on the overall net income of the Underwriters such Underwriter imposed by the United States or by the State of New York or any political subdivision of the United States or of the State of New York (all such non-excluded taxes, “Foreign Taxes”). If the Company is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall shall, to the extent permitted by law, be increased to such amount as is necessary to yield and remit to the Underwriters each Underwriter an amount thatwhich, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 3 contracts

Samples: Underwriting Agreement (Nomura Holdings Inc), Underwriting Agreement (Nomura Holdings Inc), Underwriting Agreement (Nomura Holdings Inc)

Foreign Taxes. All payments by the Company Issuer to each of the Underwriters hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by the government of Colombia Japan or any other jurisdiction in which the Issuer has an office from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters such Underwriter having some present or former connection with any such jurisdiction other than their its participation as the Underwriters hereunder, and the receipt of payments hereunder, Underwriter hereunder and (ii) any income or franchise tax on the overall net income of the Underwriters such Underwriter imposed by the United States or by the State of New York or any political subdivision of the United States or of the State of New York thereof (all such non-excluded taxes, “Foreign Taxes”). If the Company Issuer is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall shall, to the extent permitted by law, be increased to such amount as is necessary to yield and remit to the Underwriters each Underwriter an amount thatwhich, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 3 contracts

Samples: Underwriting Agreement (Mizuho Financial Group Inc), Underwriting Agreement (Mizuho Financial Group Inc), Underwriting Agreement (Mizuho Financial Group Inc)

Foreign Taxes. All payments by the Company to the Underwriters any Underwriter hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by the government of Colombia Mexico or any other jurisdiction in, which the Company has a branch or an office from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters any Underwriter having some present or former connection with any such jurisdiction other than their its participation as the Underwriters hereunder, and the receipt of payments Underwriter hereunder, and (ii) any income or franchise tax on the overall net income of the Underwriters such Underwriter imposed by the United States of America or by the State of New York or any political subdivision of the United States of America or of the State of New York (all such non-excluded taxes, “Foreign Taxes”). If the Company is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall by such party shall, to the extent permitted by law, be increased to such amount as is necessary to yield and remit to the Underwriters each Underwriter an amount thatwhich, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 2 contracts

Samples: Underwriting Agreement (Grupo Televisa, S.A.B.), Underwriting Agreement (Grupo Televisa, S.A.B.)

Foreign Taxes. All payments by the Company AMP to the Underwriters Xxxxxxx Xxxxx hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by the government of Colombia Australia or any other jurisdiction in which AMP has a branch or an office from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters Xxxxxxx Xxxxx having some present or former connection with any such jurisdiction other than their its participation as the Underwriters hereunder, and the receipt of payments Underwriter hereunder, and (ii) any income or franchise tax on the overall net income of the Underwriters Xxxxxxx Xxxxx imposed by the United States of America or by the State of New York or any political subdivision of the United States of America or of the State of New York (all such non-excluded taxes, "Foreign Taxes"). If the Company AMP is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall by such party shall, to the extent permitted by law, be increased to such amount as is necessary to yield and remit to the Underwriters Xxxxxxx Xxxxx an amount thatwhich, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 2 contracts

Samples: Fund Expense Agreement (WBK Strypes Trust), Fund Indemnity Agreement (WBK Strypes Trust)

Foreign Taxes. All payments by the Company to the Underwriters hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by any jurisdiction in which the government of Colombia Company is incorporated, resident, doing business or any other jurisdiction has an office from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters having some present or former connection with any such the taxing jurisdiction other than their its participation as the Underwriters hereunderan Underwriter hereunder (which connection includes, and the receipt of payments hereunderif applicable, and (ii) any income or franchise tax on the overall net income of the Underwriters an Underwriter imposed by the United States or by the State of New York or any political subdivision of the United States or of the State of New York York) (all such non-excluded taxes, “Foreign Taxes”). If the Company is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall shall, to the extent permitted by law, be increased to such amount as is necessary to yield and remit to the Underwriters an amount thatwhich, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 2 contracts

Samples: Underwriting Agreement (Textainer Group Holdings LTD), Underwriting Agreement (Textainer Group Holdings LTD)

Foreign Taxes. All payments by the Company to the Underwriters any Underwriter hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by the government of Colombia Mexico or any other jurisdiction in which the Company has a branch or an office from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters any Underwriter having some present or former connection with any such jurisdiction other than their its participation as the Underwriters hereunder, and the receipt of payments Underwriter hereunder, and (ii) any income or franchise tax on the overall net income of the Underwriters such Underwriter imposed by the United States of America or by the State of New York or any political subdivision of the United States of America or of the State of New York (all such non-excluded taxes, “Foreign Taxes”). If the Company is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall by such party shall, to the extent permitted by law, be increased to such amount as is necessary to yield and remit to the Underwriters each Underwriter an amount thatwhich, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 2 contracts

Samples: Underwriting Agreement (Grupo Televisa, S.A.B.), Underwriting Agreement (Grupo Televisa, S.A.B.)

Foreign Taxes. All payments by the Company MUFG to each of the Underwriters hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by by, the government of Colombia United States, Japan or any other jurisdiction in which MUFG has an office from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters such Underwriter having some present or former connection with any such jurisdiction other than their its participation as the Underwriters hereunder, and the receipt of payments Underwriter hereunder, and (ii) any income or franchise tax on the overall net income of the Underwriters such Underwriter imposed by the United States or by the State of New York or any political subdivision of the United States or of the State of New York (all such non-excluded taxes, “Foreign Taxes”). If the Company MUFG is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall shall, to the extent permitted by law, be increased to such amount as is necessary to yield and remit to the Underwriters each Underwriter an amount thatwhich, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 2 contracts

Samples: Underwriting Agreement, u.s. Underwriting Agreement (Mitsubishi Ufj Financial Group Inc)

Foreign Taxes. All payments by the Company or the Guarantor to each of the Underwriters hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by the government of Colombia The Netherlands or any other jurisdiction in which the Company has an office from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters such Underwriter having some present or former connection with any such jurisdiction other than their its participation as the Underwriters hereunder, and the receipt of payments Underwriter hereunder, and (ii) any income or franchise tax on the overall net income of the Underwriters such Underwriter imposed by the United States or by the State of New York or any political subdivision of the United States or of by the State of New York (all such non-excluded taxes, "Foreign Taxes"). If the Company or the Guarantor is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this the Agreement shall shall, to the extent permitted by law, be increased to such amount as is necessary to yield and remit to the Underwriters each Underwriter an amount thatwhich, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 1 contract

Samples: Terms Agreement (Deere & Co)

Foreign Taxes. All payments by the Company to the Underwriters Initial Purchasers hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by the government of the Republic of Colombia or any other jurisdiction from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters Initial Purchasers having some present or former connection with any such jurisdiction other than their participation as the Underwriters Initial Purchasers hereunder, and the receipt of payments hereunder, and (ii) any income or franchise tax on the overall net income of the Underwriters Initial Purchasers imposed by the United States or by the State of New York or any political subdivision of the United States or of the State States of New York (all such non-excluded taxes, “Foreign Taxes”). If the Company is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall be increased to such amount as is necessary to yield and remit to the Underwriters Initial Purchasers an amount that, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 1 contract

Samples: Registration Rights Agreement (Bancolombia Sa)

Foreign Taxes. All payments by the Company to each of the Underwriters hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by the government of Colombia any Relevant Jurisdiction or any other jurisdiction in which the Company has an office from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters such Underwriter having some present or former connection with any such jurisdiction other than their its participation as the Underwriters hereunder, and the receipt of payments an Underwriter hereunder, and (ii) any income or franchise tax on the overall net income of the Underwriters such Underwriter imposed by the United States or by the State of New York or any political subdivision of the United States or of the State of New York (all such non-excluded taxes, “Foreign Taxes”). If the Company is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall shall, to the extent permitted by law, be increased to such amount as is necessary to yield and remit to the Underwriters each Underwriter an amount thatwhich, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 1 contract

Samples: Underwriting Agreement (Navios Maritime Holdings Inc.)

Foreign Taxes. All payments by the Company Issuer to each of the Underwriters hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by the government of Colombia Japan or any other jurisdiction in which the Issuer has an office from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters such Underwriter having some present or former connection with any such jurisdiction other than their its participation as the Underwriters hereunder, and the receipt of payments hereunder, an Underwriter hereunder and (ii) any income or franchise tax on the overall net income of the Underwriters such Underwriter imposed by the United States or by the State of New York or any political subdivision of the United States or of the State of New York thereof (all such non-excluded taxes, “Foreign Taxes”). If the Company Issuer is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall shall, to the extent permitted by law, be increased to such amount as is necessary to yield and remit to the Underwriters each Underwriter an amount thatwhich, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 1 contract

Samples: Underwriting Agreement (Mizuho Financial Group Inc)

AutoNDA by SimpleDocs

Foreign Taxes. All payments by the Company to the Underwriters hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by the government of the Republic of Colombia or any other jurisdiction from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters having some present or former connection with any such jurisdiction other than their participation as the Underwriters hereunder, and the receipt of payments hereunder, and (ii) any income or franchise tax on the overall net income of the Underwriters imposed by the United States or by the State of New York or any political subdivision of the United States or of the State States of New York (all such non-excluded taxes, “Foreign Taxes”). If the Company is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement Agreement, to the extent permitted by law, shall be increased to such amount as is necessary to yield and remit to the Underwriters an amount that, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 1 contract

Samples: Underwriting Agreement (Bancolombia Sa)

Foreign Taxes. All payments by the Company to the Underwriters Initial Purchaser hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by the government of the Republic of Colombia or any other jurisdiction from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters Initial Purchaser having some present or former connection with any such jurisdiction other than their participation as the Underwriters Initial Purchaser hereunder, and the receipt of payments hereunder, and (ii) any income or franchise tax on the overall net income of the Underwriters Initial Purchaser imposed by the United States or by the State of New York or any political subdivision of the United States or of the State States of New York (all such non-excluded taxes, “Foreign Taxes”). If the Company is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall be increased to such amount as is necessary to yield and remit to the Underwriters Initial Purchaser an amount that, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 1 contract

Samples: Registration Rights Agreement (Bancolombia Sa)

Foreign Taxes. All payments by the Company to the Underwriters any Underwriter hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by Bermuda or the government State of Colombia New York or any other jurisdiction in which the Company has an office or is resident from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters such Underwriter having some present or former connection with any such jurisdiction other than their its participation as the Underwriters hereunder, and the receipt of payments Underwriter hereunder, and (ii) any income or franchise tax on the overall net income of the Underwriters such Underwriter imposed by the United States or by the State of New York or any political subdivision of the United States or of the State of New York (all such non-excluded taxes, “Foreign Taxes”). If the Company is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall shall, to the extent permitted by law, be increased to such amount as is necessary to yield and remit to the Underwriters each Underwriter an amount thatwhich, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 1 contract

Samples: Underwriting Agreement (TBS International LTD)

Foreign Taxes. All payments by the Company to each of the Underwriters hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by the government Kingdom of Colombia Norway, the United States or any other jurisdiction in which the Company has an office from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters such Underwriter having some present or former connection with any such jurisdiction other than their its participation as the Underwriters hereunder, and the receipt of payments Underwriter hereunder, and (ii) any income or franchise tax on the overall net income of the Underwriters such Underwriter imposed by the United States or by the State of New York or any political subdivision of the United States or of the State of New York (all such non-excluded taxes, "Foreign Taxes"). If the Company is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall shall, to the extent permitted by law, be increased to such amount as is necessary to yield and remit to the Underwriters each Underwriter an amount that, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.which,

Appears in 1 contract

Samples: Purchase Agreement (Petroleum Geo Services Asa)

Foreign Taxes. All payments by the Company to the Underwriters any Underwriter hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by Bermuda or the government State of Colombia New York or any other jurisdiction in which the Company has an office or is resident from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters such Underwriter having some present or former connection with any such jurisdiction other than their its participation as the Underwriters hereunder, and the receipt of payments Underwriter hereunder, and (ii) any income or franchise tax on the overall net income of the Underwriters such Underwriter imposed by the United States or by the State of New York or any political subdivision of the United States or of the State of New York (all such non-excluded taxes, "Foreign Taxes"). If the Company is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall shall, to the extent permitted by law, be increased to such amount as is necessary to yield and remit to the Underwriters each Underwriter an amount thatwhich, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 1 contract

Samples: Underwriting Agreement (TBS International LTD)

Foreign Taxes. All payments by the Company to the Underwriters hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by the government of Colombia or any other jurisdiction from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters having some present or former connection with any such jurisdiction other than their participation as the Underwriters hereunder, and the receipt of payments hereunder, and (ii) any income or franchise tax on the overall net income of the Underwriters imposed by the United States or by the State of New York or any political subdivision of the United States or of the State States of New York (all such non-excluded taxes, “Foreign Taxes”). If the Company is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall be increased to such amount as is necessary to yield and remit to the Underwriters an amount that, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 1 contract

Samples: Underwriting Agreement (Bancolombia Sa)

Foreign Taxes. All payments by the Company or the Guarantor to each of the Underwriters Agents hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by the government of Colombia The Netherlands or any other jurisdiction in which the Company has an office from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters such Agent having some present or former connection with any such jurisdiction other than their its participation as the Underwriters hereunder, and the receipt of payments Agent hereunder, and (ii) any income or franchise tax on the overall net income of the Underwriters such Agent imposed by the United States or by the State of New York or any political subdivision of the United States or of by the State of New York (all such non-excluded taxes, "Foreign Taxes"). If the Company or the Guarantor is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall shall, to the extent permitted by law, be increased to such amount as is necessary to yield and remit to the Underwriters each Agent an amount thatwhich, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 1 contract

Samples: Distribution Agreement (Deere & Co)

Foreign Taxes. All payments by the Company to each of the Underwriters hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by the government of Colombia Xxxxxxxx Islands, Greece or any other jurisdiction in which the Company has an office from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters such Underwriter having some present or former connection with any such jurisdiction other than their its participation as the Underwriters hereunder, and the receipt of payments an Underwriter hereunder, and (ii) any income or franchise tax on the overall net income of the Underwriters such Underwriter imposed by the United States or by the State of New York or any political subdivision of the United States or of the State of New York (all such non-excluded taxes, “Foreign Taxes”). If the Company is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall shall, to the extent permitted by law, be increased to such amount as is necessary to yield and remit to the Underwriters each Underwriter an amount thatwhich, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 1 contract

Samples: Underwriting Agreement (Navios Maritime Acquisition CORP)

Foreign Taxes. All payments by the Company to the Underwriters hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied, collected, withheld or assessed by the government of Colombia any jurisdiction in which such Company is organized, resident, doing business or any other jurisdiction has an office from or through which payment is made or deemed to be made, or any political subdivision thereof or therein excluding (i) any such tax imposed by reason of the Underwriters any Underwriter having some present or former connection with any such the taxing jurisdiction other than their its participation as the Underwriters hereunderan Underwriter hereunder (including, and the receipt of payments hereunderif applicable, and (ii) any income or franchise tax on the overall net income of the Underwriters an Underwriter imposed by the United States or by the State of New York or any political subdivision of the United States or of the State of New York York) (all such non-excluded taxes, “Foreign Taxes”). If the Company is prevented by operation of law or otherwise from paying, causing to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall shall, to the extent permitted by law, be increased to such amount as is necessary to yield and remit to the such Underwriters an amount thatwhich, after withholding or deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied.

Appears in 1 contract

Samples: Underwriting Agreement (Norwegian Cruise Line Holdings Ltd.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!