Common use of HM Revenue Clause in Contracts

HM Revenue. Customs has given the Borrower authority to make payments to that Lender without a Tax Deduction but such authority has subsequently been revoked or expired, and in each case, the Borrower has notified the Agent and that Lender in writing, that Lender and the Borrower shall co-operate in completing any additional procedural formalities necessary for that Borrower to obtain authorisation to make that payment without a Tax Deduction.

HM Revenue. Customs has given authority for the Borrower authority to make payments payment to that Lender without a Tax Deduction but such authority has subsequently been revoked or expired, and in each case, the Borrower has notified the Agent and that Lender in writing, that Lender and the Borrower shall co-operate in completing any additional procedural formalities necessary for that Borrower to obtain authorisation to make that payment without a Tax Deduction.authority expires or is withdrawn by HM Revenue & Customs; or

HM Revenue. Customs has given the Borrower authority to make payments to that Lender without a Tax Deduction but such authority has subsequently been revoked revoked, suspended or expired, and in each case, the Borrower has notified the Agent and that Lender in writing, that Lender and the Borrower shall co-operate in completing any additional procedural formalities necessary for that Borrower to obtain authorisation to make that payment without a Tax Deduction.