Common use of Notification of Requirement to Deduct Tax Clause in Contracts

Notification of Requirement to Deduct Tax. 11.1 If, at any time, an Obligor is required by Law to make any deduction or withholding from any sum payable by it hereunder (or if thereafter there is any change in the rates at which or the manner in which such deductions or withholdings are calculated), such Obligor shall promptly, upon becoming aware of the same, notify the Agent.

Appears in 7 contracts

Samples: Credit Facility and Reimbursement Agreement (Xl Capital LTD), Agreement (Xl Capital LTD), Xl Capital LTD

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Notification of Requirement to Deduct Tax. 11.1 If, at any time, an Obligor is required by any Law to make any deduction or withholding from any sum payable by it hereunder under a Finance Document (or if thereafter there is any change in the rates at which or the manner in which such deductions or withholdings are calculated), it shall promptly supply to the Facility Agent details of such Obligor shall promptly, upon becoming aware of the same, notify the Agentrequirement or change.

Appears in 1 contract

Samples: Agreement (Chaparral Resources Inc)

Notification of Requirement to Deduct Tax. 11.1 If, at any time, an any Obligor is required by Law law to make any deduction or withholding from any sum payable by it hereunder (or if thereafter there is any change in the rates at which or the manner in which such deductions or withholdings are calculated), such Obligor shall promptly, upon becoming aware of the same, as soon as reasonably practicable notify the Agentrelevant Finance Party.

Appears in 1 contract

Samples: Facility Agreement (Partner Communications Co LTD)

Notification of Requirement to Deduct Tax. 11.1 If, at any time, an Obligor is required by Law law to make any deduction or withholding from any sum payable by it hereunder (or if thereafter there is any change in the rates at which or the manner in which such deductions or withholdings are calculated), such Obligor shall promptly, upon becoming aware of the same, notify the Agent.

Appears in 1 contract

Samples: Xl Capital LTD

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Notification of Requirement to Deduct Tax. 11.1 If, at any time, an Obligor is required by Law law to make any deduction or withholding from any sum payable by it hereunder under the Finance Documents (or if thereafter there is any change in the rates at which or the manner in which such deductions or withholdings are calculated), such Obligor shall promptly, upon becoming aware of the same, promptly notify the Agent.

Appears in 1 contract

Samples: Term Facility Agreement (Zindart LTD)

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