NO RESPONSIBILITY FOR TAX. The Collateral Agent shall have no responsibility whatsoever to any person as regards any deficiency which might arise because the Collateral Agent is subject to any tax, duties or levies in respect of the Charged Property or any part thereof on any income therefrom or any proceeds thereof.
Appears in 2 contracts
NO RESPONSIBILITY FOR TAX. The Collateral Agent shall have no responsibility whatsoever to any person as regards any deficiency which might arise because the Collateral Agent is subject to any tax, duties or levies tax in respect of the Charged Property or any part thereof on any income therefrom or any proceeds thereof.
Appears in 2 contracts
Samples: Fixed and Floating Charge (3com Corp), Fixed and Floating Charge (3com Corp)
NO RESPONSIBILITY FOR TAX. The Collateral Agent shall have no responsibility whatsoever to any person as regards any deficiency which might arise because the Collateral Agent is subject to any tax, duties or levies in respect of the Charged Mortgaged Property or any part thereof on any income therefrom or any proceeds thereof.
Appears in 1 contract
Samples: Share Mortgage (3com Corp)
