Common use of Maintenance of Tax Certification Procedures Clause in Contracts

Maintenance of Tax Certification Procedures. So long as any principal amount of the Designated Securities remains outstanding, the Issuer and the Guarantor shall, insofar as it is practicable, maintain, implement or arrange for the implementation of Tax Certification Procedures that will facilitate the collection of information concerning the Designated Securities or the Beneficial Owners thereof so long as such collection is required under Spanish law to allow payment of interest on the Designated Securities free and clear of Spanish withholding tax.

Appears in 10 contracts

Samples: Sixth Supplemental Indenture (Telefonica S A), Seventh Supplemental Indenture (Telefonica S A), Third Supplemental Indenture (Telefonica S A)

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Maintenance of Tax Certification Procedures. So long as any principal amount of the Designated Securities remains outstanding, the Issuer and the Guarantor shall, insofar as it is practicable, maintain, implement or arrange for the implementation of Tax Certification Procedures that will facilitate the collection of information concerning the Designated Securities or the identity and country of residence of Beneficial Owners thereof so long as such collection is required under Spanish law to allow payment of interest on the Designated Securities free and clear of Spanish withholding tax.

Appears in 3 contracts

Samples: Fifth Supplemental Indenture (Telefonica S A), Seventh Supplemental Indenture (Telefonica S A), Supplemental Indenture (Telefonica S A)

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