Common use of Payment Net of Withholding Taxes Clause in Contracts

Payment Net of Withholding Taxes. The Guarantor shall make all payments required hereunder, whether by way of principal, interest or otherwise, without withholding any Indemnified Taxes or Other Taxes. If the Guarantor is required by Applicable Law to deduct any withholding Taxes from or in respect of any amounts payable under this Guarantee (i) with the exception of Excluded Taxes, the amounts payable by the Guarantor hereunder will be increased by the amount necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 6.1) the Guarantee Beneficiaries will receive an amount equal to the sum they would have received had no such deductions been made, (ii) the Guarantor will make such deductions and (iii) the Guarantor will pay the full amount deducted to the relevant taxing authority or other Governmental Authority in accordance with Applicable Law.

Payment Net of Withholding Taxes. The Guarantor shall make all payments required hereunder, whether by way of principal, interest or otherwise, without deduction or withholding of any Indemnified Taxes or Other Taxes. If Subject to the last sentence of Section 6.3(e) of the Credit Agreement, if the Guarantor is required by Applicable Law to deduct any withholding Taxes from or in respect of any amounts payable under this Guarantee (i) with the exception of Excluded Taxes, the amounts payable by the Guarantor hereunder will be increased by the amount necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 6.1) the Guarantee Beneficiaries will receive an amount equal to the sum they would have received had no such deductions been made, (ii) the Guarantor will make such deductions and (iii) the Guarantor will pay the full amount deducted to the relevant taxing authority or other Governmental Authority in accordance with Applicable applicable Law.

Payment Net of Withholding Taxes. The Guarantor shall make all payments required hereunder, whether by way of principal, interest or otherwise, without withholding any Indemnified Taxes or Other Taxes. If Subject to the last sentence of Section 6.3(e) of the Credit Agreement, if the Guarantor is required by Applicable Law to deduct any withholding Taxes from or in respect of any amounts payable under this Guarantee (i) with the exception of Excluded Taxes, the amounts payable by the Guarantor hereunder will be increased by the amount necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 6.1) the Guarantee Beneficiaries will receive an amount equal to the sum they would have received had no such deductions been made, (ii) the Guarantor will make such deductions and (iii) the Guarantor will pay the full amount deducted to the relevant taxing authority or other Governmental Authority in accordance with Applicable applicable Law.

Payment Net of Withholding Taxes. The Guarantor shall make all payments required hereunder, whether by way of principal, interest or otherwise, without regard to any defense, counterclaim or right of set off available to the Guarantor and without withholding any Indemnified Taxes or Other Taxes. If the Guarantor is required by Applicable Law to deduct any withholding Taxes from or in respect of any amounts payable under this Guarantee (i) the Guarantor will make such deductions and (ii) the Guarantor will pay the full amount deducted to the relevant taxing authority or other Governmental Authority in accordance with applicable Law. If the exception Guarantor is required by Law to deduct any Indemnified Taxes from or in respect of Excluded Taxes, any amounts payable under this Guarantee the amounts payable by the Guarantor hereunder will be increased by the amount necessary so that after making all required deductions (including deductions applicable to additional sums Indemnified Taxes payable under this Section 6.1) the Guarantee Beneficiaries will receive an amount equal to the sum they would have received had no such deductions of Indemnified Taxes been made, (ii) the Guarantor will make such deductions and (iii) the Guarantor will pay the full amount deducted to the relevant taxing authority or other Governmental Authority in accordance with Applicable Law.