Common use of Notification of Requirement to Deduct Clause in Contracts

Notification of Requirement to Deduct. TAX If, at any time, the Borrower 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), the Borrower shall promptly notify the Facility Agent upon becoming aware of the same.

Notification of Requirement to Deduct. TAX Tax If, at any time, the Borrower any Obligor is required by law to make any deduction or withholding from any sum payable by it hereunder under any 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), the Borrower such Obligor shall promptly notify the Facility Agent upon as soon as reasonably practicable after becoming aware of the same, notify the Bank.

Notification of Requirement to Deduct. TAX Tax If, at any time, the Borrower is required by law to make any deduction or withholding from any sum payable by it hereunder under any of 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), the Borrower shall promptly notify the Facility Agent, whereupon the Agent upon becoming aware of shall notify the sameBanks and the Trustee accordingly.

Notification of Requirement to Deduct. TAX Tax If, at any time, the Borrower or a Guarantor is required by law to make any deduction or withholding from any sum payable by it hereunder under any Facility Document (or if thereafter there is any change in the rates at which or the manner in which such deductions or withholdings are calculated), the Borrower or such Guarantor shall promptly notify the Facility Agent upon becoming aware of the sameAgent.

Notification of Requirement to Deduct. TAX Tax If, at any time, the Borrower an Obligor is required by 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), the Borrower such Obligor shall promptly notify the Facility Agent upon becoming aware of the sameAgent.

Notification of Requirement to Deduct. TAX Tax If, at any time, the a Borrower becomes aware that it is required by law to make any deduction or withholding from any sum payable by it hereunder under this Agreement (or if thereafter there is any change in the rates at which or the manner in which such deductions or withholdings are calculated), the such Borrower shall promptly notify the Facility Agent upon becoming aware of the samein writing.