Common use of No Deduction or Withholding Clause in Contracts

No Deduction or Withholding. Each Party shall pay all sums payable by it under this Agreement free and clear of all deductions or withholdings in respect of Withholding Tax unless any applicable tax law requires such a deduction or withholding. If a deduction or withholding of Withholding Tax is so required, then the Party liable to make such payment will pay such additional amount to the other Party as will ensure that the net amount the other Party receives equals the full amount which it would have received had the deduction or withholding of Withholding Tax not been required.

No Deduction or Withholding. Each Party shall pay all sums payable by it under this Agreement free and clear of all deductions or withholdings in respect of Withholding Tax unless any applicable tax law requires such a deduction or withholding. If a deduction or withholding of Withholding Tax is so required, then the Party liable to make such payment will pay such additional amount to the other Party Parties as will ensure that the net amount the other Party Parties receives equals the full amount which it would have received had the deduction or withholding of Withholding Tax not been required.

No Deduction or Withholding. ‌ Each Party shall pay all sums payable by it under this Agreement free and clear of all deductions or withholdings in respect of Withholding Tax unless any applicable tax law requires such a deduction or withholding. If a deduction or withholding of Withholding Tax is so required, then the Party liable to make such payment will pay such additional amount to the other Party as will ensure that the net amount the other Party receives equals the full amount which it would have received had the deduction or withholding of Withholding Tax not been required.

No Deduction or Withholding. ‌ Each Party shall pay all sums payable by it under this Agreement free and clear of all deductions or withholdings in respect of Withholding Tax unless any applicable tax law requires such a deduction or withholding. If a deduction or withholding of Withholding Tax is so required, then the Party liable to make such payment will pay such additional amount to the other Party Parties as will ensure that the net amount the other Party Parties receives equals the full amount which it would have received had the deduction or withholding of Withholding Tax not been required.