Common use of Notification of Withholding Clause in Contracts

Notification of Withholding. If the Company or the Bank becomes aware that the Company shall have become required to make a Tax Deduction (or that there is a change in the rate or the basis of a Tax Deduction), it shall promptly notify the Bank.

Appears in 3 contracts

Sources: Guarantee Facility Agreement (T-Mobile US, Inc.), Guarantee Facility Agreement (T-Mobile US, Inc.), Guarantee Facility Agreement (T-Mobile US, Inc.)

Notification of Withholding. If the Company or the Bank Lender becomes aware that the Company shall have become required to must make a Tax Deduction (or that there is a change in the rate or the basis of a Tax Deduction), it shall must promptly notify the BankLender.

Appears in 1 contract

Sources: Loan Agreement (Tim Participacoes Sa)