No Deductions or Withholding. Under the laws of the Security Parties’ respective jurisdictions of incorporation or formation in force at the date hereof, none of the Security Parties will be required to make any deduction or withholding from any payment it may make under any of the Finance Documents.
No Deductions or Withholding. No Taxes are imposed by way of or withholding or otherwise from any payment to be made by any Security Party under any of the Security Documents to which it is a party.
No Deductions or Withholding under the laws of the Obligors' respective jurisdictions of incorporation or formation in force at the date hereof, none of the Obligors will be required to make any deduction or withholding from any payment it may make under any of the Transaction Documents (other than a FATCA Deduction);
No Deductions or Withholding. Under the laws of the jurisdiction in which it is established or incorporated in force at the date hereof, it will not be required to make any deduction or withholding from any payment it may make under any Finance Document to any Bank which is a Qualifying Lender (assuming in the case of a Treaty Lender, that it has secured a direction from the UK Inland Revenue to pay interest gross).
No Deductions or Withholding. ENTITY CLASSIFICATION ELECTION Under the laws of its jurisdiction in which it is established or incorporated in force at the date hereof, it will not be required to make any deduction or withholding from any payment it may make under any Finance Document to any Bank which is a Qualifying Lender (assuming in the case of a Treaty Lender, that it has secured a direction from the UK Inland Revenue to pay interest gross and assuming in the case of United States taxes that the tax forms required to be provided in Clause 10.4 (U.S. Tax Forms) have been so provided). The Borrower has filed a valid election to be treated as a disregarded entity for U.S. federal income tax purposes and such election currently remains in effect.
No Deductions or Withholding. The Borrower is not required by any Law to make any deduction or withholding from any payment it may make under these Finance Documents to which it is a party save as expressly disclosed in writing to the Lender by the Borrower with express reference to this warranty.
No Deductions or Withholding. 9.1 All sums payable under this Schedule or any other provision of this Agreement shall be paid free and clear of all deductions or withholdings whatsoever, save only as may be required by Law. If any such deductions or withholdings are required by Law, the party in question shall be obliged to pay such sum as will after such deduction or withholding has been made leave the recipient with the same amount as it would have been entitled to receive in the absence of any such requirement to make a deduction or withholding.
9.2 If any sum payable by any Seller under paragraph 2 of this Schedule or clause 6 of this Agreement or by the Buyer under paragraph 8.1 of this Schedule shall be subject to tax in the hands of the recipient, the same obligation to make an increased payment shall apply in relation to such tax liability as if it were a deduction or withholding required by Law provided that this paragraph 9.2 shall not require an increased payment by any Seller if the tax would not have arisen but for the Buyer exercising its option under paragraph 2.1.
No Deductions or Withholding. Amounts due and payable to Consultant under this Agreement shall not be withheld or delayed or deducted except as a matter of law or specifically stated under this Agreement.
No Deductions or Withholding. Under the laws of The Kingdom of the Netherlands in force at the date hereof, no Borrower will be required to make any deduction or withholding from any payment it may make hereunder.
No Deductions or Withholding. GSK will make all payments to Codexis under this Agreement without deduction or withholding for taxes, except to the extent that any such deduction or withholding is required by Applicable Law in effect at the time of payment.
