Common use of Payment without Withholding Clause in Contracts

Payment without Withholding. All payments of principal and interest in respect of the Notes by or on behalf of the Issuer or the Guarantor shall be made without withholding or deduction for, or on account of, any present or future taxes or duties, of whatever nature imposed or levied by or on behalf of any Tax Jurisdiction, unless such withholding or deduction is required by law. In that event, the Issuer or, as the case may be, the Guarantor will pay such additional amounts as shall be necessary in order that the net amounts received by the Noteholders and Couponholders after such withholding or deduction shall equal the respective amounts of principal and interest which would have been receivable in respect of the Notes or, as the case may be, Coupons in the absence of the withholding or deduction; except that no additional amounts shall be payable in relation to any payment in respect of any Note or Coupon: (a) presented for payment in Sweden; or (b) the holder of which is liable for such taxes or duties in respect of such Note or Coupon by reason of having some connection with Sweden other than a mere holding of the Note or Coupon; or (c) presented for payment more than 30 days after the Relevant Date (as defined below) except to the extent that a holder thereof would have been entitled to an additional amount on presenting the same for payment on such thirtieth day assuming that day to have been a Presentation Date (as defined in Condition 6.5 (Payment only on a Presentation Date).

Payment without Withholding. All payments of principal and interest in respect of the Notes by or on behalf of the Issuer or the Guarantor shall be made without withholding or deduction for, or on account of, any present or future taxes or taxes, duties, assessments or governmental charges of whatever nature (Taxes) imposed or levied by or on behalf of any Tax the Relevant Jurisdiction, unless such the withholding or deduction of the Taxes is required by law. In that event, the Issuer or, as the case may be, the Guarantor will pay such additional amounts as shall may be necessary in order that the net amounts received by the Noteholders and Couponholders after such the withholding or deduction shall equal the respective amounts of principal and interest which would have been receivable in respect of the Notes or, as the case may be, Coupons in the absence of the withholding or deduction; except that no additional amounts shall be payable in relation to any payment in respect of any Note or Coupon: (a) presented for payment in Sweden; or (b) the holder of which is liable for such taxes or duties Taxes in respect of such Note or Coupon by reason of having some connection with Sweden the Relevant Jurisdiction other than a mere holding of the Note or Coupon; or (b) presented for payment in [country of Issuer] or Sweden; or (c) presented for payment more than 30 days after the Relevant Date (as defined below) except to the extent that a holder thereof would have been entitled to an additional amount amounts on presenting the same for payment on such thirtieth the last day of the period of 30 days assuming that day to have been a Presentation Date (as defined in Condition 6.5 (Payment only on a Presentation Date5).