Common use of PAYMENTS AND WITHHOLDING Clause in Contracts

PAYMENTS AND WITHHOLDING. The parties agree that payments required to be made hereunder shall be made in accordance with Section 2 and that all payments by the Standby Account Bank under this Agreement shall be made in full without any deduction or withholding (whether in respect of set-off, counterclaim, duties, taxes, charges or otherwise whatsoever) unless the deduction or withholding is required by law, in which event the Standby Account Bank shall: (a) ensure that the deduction or withholding does not exceed the minimum amount legally required; (b) pay to the relevant taxation or other authorities within the period for payment permitted by applicable law the full amount of the deduction or withholding; (c) furnish to the Guarantor and the Bond Trustee within the period for payment permitted by the relevant law, either: (i) an official receipt of the relevant taxation or other authorities involved in respect of all amounts so deducted or withheld; or (ii) if such receipts are not issued by the taxation or other authorities concerned on payment to them of amounts so deducted or withheld, a certificate of deduction or equivalent evidence of the relevant deduction or withholding; and (d) account to the Guarantor in full by credit to the Standby GDA Account for an amount equal to the amount of any rebate, repayment or reimbursement of any deduction or withholding which the Standby Account Bank has made pursuant to this Section 14 and which is subsequently received by the Standby Account Bank and, for greater certainty, the Standby Account Bank will have no obligations to obtain any rebate, repayment or reimbursement of any such deduction or withholding.

PAYMENTS AND WITHHOLDING. The parties agree that payments required to be made hereunder shall be made in accordance with Section 2 and that all payments by the Standby Account Bank under this Agreement shall be made in full without any deduction or withholding (whether in respect of set-off, counterclaim, duties, taxes, charges or otherwise whatsoever) unless the deduction or withholding is required by law, in which event the Standby Account Bank shall: (a) ensure that the deduction or withholding does not exceed the minimum amount legally required; (b) pay to the relevant taxation or other authorities within the period for payment permitted by applicable law the full amount of the deduction or withholding; (c) furnish to the Guarantor and LP or the Bond Trustee (as the case may be) within the period for payment permitted by the relevant law, either: (i) an official receipt of the relevant taxation or other authorities involved in respect of all amounts so deducted or withheld; or (ii) if such receipts are not issued by the taxation or other authorities concerned on payment to them of amounts so deducted or withheld, a certificate of deduction or equivalent evidence of the relevant deduction or withholding; and (d) account to the Guarantor LP in full by credit to the Standby GDA GIC Account for an amount equal to the amount of any rebate, repayment or reimbursement of any deduction or withholding which the Standby Account Bank has made pursuant to this Section 14 and which is subsequently received by the Standby Account Bank and, for greater certainty, the Standby Account Bank will have no obligations to obtain any rebate, repayment or reimbursement of any such deduction or withholdingBank.

PAYMENTS AND WITHHOLDING. The parties agree that payments required to be made hereunder shall be made in accordance with Section 2 of the Standby Bank Account Agreement and that all payments by the Standby Account Bank GIC Provider under this Agreement shall be made in full without any deduction or withholding (whether in respect of set-off, counterclaim, duties, taxes, charges or otherwise whatsoever) unless the deduction or withholding is required by law, in which event the Standby Account Bank GIC Provider shall: (a) ensure that the deduction or withholding does not exceed the minimum amount legally required; (b) pay to the relevant taxation or other authorities within the period for payment permitted by applicable law the full amount of the deduction or withholding; (c) furnish to the Guarantor and LP or the Bond Trustee (as the case may be) within the period for payment permitted by the relevant law, either: (i) an official receipt of the relevant taxation or other authorities involved in respect of all amounts so deducted or withheld; or (ii) if such receipts are not issued by the taxation or other authorities concerned on payment to them of amounts so deducted or withheld, a certificate of deduction or equivalent evidence of the relevant deduction or withholding; and (d) account to the Guarantor LP in full by credit to the Standby GDA GIC Account (as the case may be) for an amount equal to the amount of any rebate, repayment or reimbursement of any deduction or withholding which the Standby Account Bank GIC Provider has made pursuant to this Section 14 10 and which is subsequently received by the Standby Account Bank and, for greater certainty, the Standby Account Bank will have no obligations to obtain any rebate, repayment or reimbursement of any such deduction or withholdingGIC Provider.

PAYMENTS AND WITHHOLDING. The parties hereto agree that payments required to be made hereunder shall be made in accordance with Section Article 2 and that all payments by the Standby Account Bank under this Agreement shall be made in full without any deduction or withholding (whether in respect of set-off, counterclaim, duties, taxes, charges or otherwise whatsoever) unless the deduction or withholding is required by law, in which event the Standby Account Bank shall: (a) ensure that the deduction or withholding does not exceed the minimum amount legally required, based on the advice of counsel to the Standby Account Bank; (b) pay to the relevant taxation or other authorities within the period for payment permitted by applicable law the full amount of the deduction or withholding; (c) furnish to the Guarantor and the Bond Trustee within the period for payment permitted by the relevant law, either: (i) an official receipt of the relevant taxation or other authorities involved in respect of all amounts so deducted or withheld; or (ii) if such receipts are not issued by the taxation or other authorities concerned on payment to them of amounts so deducted or withheld, a certificate of deduction or equivalent evidence of the relevant deduction or withholding; and (d) account to the Guarantor in full by credit to the Standby GDA GIC Account for an amount equal to the amount of any rebate, repayment or reimbursement of any deduction or withholding which the Standby Account Bank has made pursuant to this Section Article 14 and which is subsequently received by the Standby Account Bank and, for greater certainty, the Standby Account Bank will have no obligations to obtain any rebate, repayment or reimbursement of any such deduction or withholding.

PAYMENTS AND WITHHOLDING. The parties agree that payments required to be made hereunder shall be made in accordance with Section 2 (Standby Transaction Account and Standby GDA Account) of the Standby Bank Account Agreement and that all payments by the Standby Account Bank GDA Provider under this Agreement shall be made in full without any deduction or withholding (whether in respect of set-off, counterclaim, duties, taxes, charges or otherwise whatsoever) unless the deduction or withholding is required by law, in which event the Standby Account Bank GDA Provider shall: (a) ensure that the deduction or withholding does not exceed the minimum amount legally required; (b) pay to the relevant taxation or other authorities within the period for payment permitted by applicable law the full amount of the deduction or withholding; (c) furnish to the Guarantor and the Bond Trustee within the period for payment permitted by the relevant law, either: (i) an official receipt of the relevant taxation or other authorities involved in respect of all amounts so deducted or withheld; or (ii) if such receipts are not issued by the taxation or other authorities concerned on payment to them of amounts so deducted or withheld, a certificate of deduction or equivalent evidence of the relevant deduction or withholding; and (d) account to the Guarantor in full by credit to the Standby GDA Account (as the case may be) for an amount equal to the amount of any rebate, repayment or reimbursement of any deduction or withholding which the Standby Account Bank GDA Provider has made pursuant to this Section 14 11 and which is subsequently received by the Standby Account Bank GDA Provider and, for greater certainty, the Standby Account Bank GDA Provider will have no obligations obligation to obtain any rebate, repayment or reimbursement of any such deduction or withholding.

PAYMENTS AND WITHHOLDING. The parties agree that payments required to be made hereunder shall be made in accordance with Section 2 of the Stand-By Bank Account Agreement and that all payments by the Standby Account Bank Stand-By GDA Provider under this Agreement shall be made in full without any deduction or withholding (whether in respect of set-off, counterclaim, duties, taxes, charges or otherwise whatsoever) unless the deduction or withholding is required by law, in which event the Standby Account Bank Stand-By GDA Provider shall: (a) ensure that the deduction or withholding does not exceed the minimum amount legally required; (b) pay to the relevant taxation or other authorities within the period for payment permitted by applicable law the full amount of the deduction or withholding; (c) furnish to the Guarantor and or the Bond Trustee (as the case may be) within the period for payment permitted by the relevant law, either: (i) an official receipt of the relevant taxation or other authorities involved in respect of all amounts so deducted or withheld; or (ii) if such receipts are not issued by the taxation or other authorities concerned on payment to them of amounts so deducted or withheld, a certificate of deduction or equivalent evidence of the relevant deduction or withholding; and (d) account to the Guarantor in full by credit to the Standby Stand-By GDA Account (as the case may be) for an amount equal to the amount of any rebate, repayment or reimbursement of any deduction or withholding which the Standby Account Bank Stand-By GDA Provider has made pursuant to this Section 14 10 and which is subsequently received by the Standby Account Bank and, for greater certainty, the Standby Account Bank will have no obligations to obtain any rebate, repayment or reimbursement of any such deduction or withholdingStand-By GDA Provider.

PAYMENTS AND WITHHOLDING. The parties agree that payments required to be made hereunder shall be made in accordance with Section 2 and that all payments by the Standby Stand-By Account Bank under this Agreement shall be made in full without any deduction or withholding (whether in respect of set-off, counterclaim, duties, taxes, charges or otherwise whatsoever) unless the deduction or withholding is required by law, in which event the Standby Stand-By Account Bank shall: (a) ensure that the deduction or withholding does not exceed the minimum amount legally required; (b) pay to the relevant taxation or other authorities within the period for payment permitted by applicable law the full amount of the deduction or withholding; (c) furnish to the Guarantor and or the Bond Trustee (as the case may be) within the period for payment permitted by the relevant law, either: (i) an official receipt of the relevant taxation or other authorities involved in respect of all amounts so deducted or withheld; or (ii) if such receipts are not issued by the taxation or other authorities concerned on payment to them of amounts so deducted or withheld, a certificate of deduction or equivalent evidence of the relevant deduction or withholding; and (d) account to the Guarantor in full by credit to the Standby Stand-By GDA Account for an amount equal to the amount of any rebate, repayment or reimbursement of any deduction or withholding which the Standby Stand-By Account Bank has made pursuant to this Section 14 and which is subsequently received by the Standby Stand-By Account Bank and, for greater certainty, the Standby Account Bank will have no obligations to obtain any rebate, repayment or reimbursement of any such deduction or withholdingBank.

PAYMENTS AND WITHHOLDING. The parties agree that payments required to be made hereunder shall be made in accordance with Section Article 2 of the Standby Bank Account Agreement and that all payments by the Standby Account Bank GIC Provider under this Agreement shall be made in full without any deduction or withholding (whether in respect of set-off, counterclaim, duties, taxes, charges or otherwise whatsoever) unless the deduction or withholding is required by law, in which event the Standby Account Bank GIC Provider shall: (a) ensure that the deduction or withholding does not exceed the minimum amount legally required, based on the advice of counsel to the Standby GIC Provider; (b) pay to the relevant taxation or other authorities within the period for payment permitted by applicable law the full amount of the deduction or withholding; (c) furnish to the Guarantor and the Bond Trustee within the period for payment permitted by the relevant law, either: (i) an official receipt of the relevant taxation or other authorities involved in respect of all amounts so deducted or withheld; or (ii) if such receipts are not issued by the taxation or other authorities concerned on payment to them of amounts so deducted or withheld, a certificate of deduction or equivalent evidence of the relevant deduction or withholding; and (d) account to the Guarantor in full by credit to the Standby GDA GIC Account (as the case may be) for an amount equal to the amount of any rebate, repayment or reimbursement of any deduction or withholding which the Standby Account Bank GIC Provider has made pursuant to this Section 14 11 and which is subsequently received by the Standby Account Bank GIC Provider and, for greater certainty, the Standby Account Bank GIC Provider will have no obligations obligation to obtain any rebate, repayment or reimbursement of any such deduction or withholding.

PAYMENTS AND WITHHOLDING. The parties agree that payments required to be made hereunder shall be made in accordance with Section Article 2 of the Standby Bank Account Agreement and that all payments by the Standby Account Bank GIC Provider under this Agreement shall be made in full without any deduction or withholding (whether in respect of set-off, counterclaim, duties, taxes, charges or otherwise whatsoever) unless the deduction or withholding is required by law, in which event the Standby Account Bank GIC Provider shall: (a) ensure that the deduction or withholding does not exceed the minimum amount legally required, based on the advice of counsel to the Standby GIC Provider; (b) pay to the relevant taxation or other authorities within the period for payment permitted by applicable law the full amount of the deduction or withholding; (c) furnish to the Guarantor and the Bond Trustee within the period for payment permitted by the relevant law, either: (i) an official receipt of the relevant taxation or other authorities involved in respect of all amounts so deducted or withheld; or (ii) if such receipts are not issued by the taxation or other authorities concerned on payment to them of amounts so deducted or withheld, a certificate of deduction or equivalent evidence of the relevant deduction or withholding; and (d) account to the Guarantor in full by credit to the Standby GDA GIC Account (as the case may be) for an amount equal to the amount of any rebate, repayment or reimbursement of any deduction or withholding which the Standby Account Bank GIC Provider has made pursuant to this Section 14 Article 11 and which is subsequently received by the Standby Account Bank GIC Provider and, for greater certainty, the Standby Account Bank GIC Provider will have no obligations obligation to obtain any rebate, repayment or reimbursement of any such deduction or withholding.

PAYMENTS AND WITHHOLDING. The parties hereto agree that payments required to be made hereunder shall be made in accordance with Section 2 and that all payments by the Standby Account Bank under this Agreement shall be made in full without any deduction or withholding (whether in respect of set-off, counterclaim, duties, taxes, charges or otherwise whatsoever) unless the deduction or withholding is required by law, in which event the Standby Account Bank shall: (a) ensure that the deduction or withholding does not exceed the minimum amount legally required, based on the advice of counsel to the Standby Account Bank; (b) pay to the relevant taxation or other authorities within the period for payment permitted by applicable law the full amount of the deduction or withholding; (c) furnish to the Guarantor and the Bond Trustee within the period for payment permitted by the relevant law, either: (i) an official receipt of the relevant taxation or other authorities involved in respect of all amounts so deducted or withheld; or (ii) if such receipts are not issued by the taxation or other authorities concerned on payment to them of amounts so deducted or withheld, a certificate of deduction or equivalent evidence of the relevant deduction or withholding; and (d) account to the Guarantor in full by credit to the Standby GDA GIC Account for an amount equal to the amount of any rebate, repayment or reimbursement of any deduction or withholding which the Standby Account Bank has made pursuant to this Section 14 and which is subsequently received by the Standby Account Bank and, for greater certainty, the Standby Account Bank will have no obligations to obtain any rebate, repayment or reimbursement of any such deduction or withholding.

PAYMENTS AND WITHHOLDING. The parties agree that payments required to be made hereunder shall will be made in accordance with Section Article 2 (Standby Transaction Account and Standby GDA Account) and that all payments by the Standby Account Bank under this Agreement shall will be made in full without any deduction or withholding (whether in respect of set-off, counterclaim, duties, taxes, charges or otherwise whatsoever) unless the deduction or withholding is required by law, in which event the Standby Account Bank shallwill: (a) ensure that the deduction or withholding does not exceed the minimum amount legally requiredrequired by law; (b) pay to the relevant taxation or other authorities within the period for payment permitted by applicable law the full amount of the deduction or withholding; (c) furnish to the Guarantor and the Bond Trustee within the period for payment permitted by the relevant law, either: (i) an official receipt of the relevant taxation or other authorities involved in respect of all amounts so deducted or withheld; or (ii) if such receipts are not issued by the taxation or other authorities concerned on payment to them of amounts so deducted or withheld, a certificate of deduction or equivalent evidence of the relevant deduction or withholding; and (d) account to the Guarantor in full by credit to the Standby GDA Account for an amount equal to the amount of any rebate, repayment or reimbursement of any deduction or withholding which the Standby Account Bank has made pursuant to this Section Article 14 and which is subsequently received by the Standby Account Bank and, for greater certainty, the Standby Account Bank will have no obligations obligation to obtain any rebate, repayment or reimbursement of any such deduction or withholding.

PAYMENTS AND WITHHOLDING. ‌ The parties agree that payments required to be made hereunder shall be made in accordance with Section 2 (Standby Transaction Account and Standby GDA Account) of the Standby Bank Account Agreement and that all payments by the Standby Account Bank GDA Provider under this Agreement shall be made in full without any deduction or withholding (whether in respect of set-off, counterclaim, duties, taxes, charges or otherwise whatsoever) unless the deduction or withholding is required by law, in which event the Standby Account Bank GDA Provider shall: (a) ensure that the deduction or withholding does not exceed the minimum amount legally required; (b) pay to the relevant taxation or other authorities within the period for payment permitted by applicable law the full amount of the deduction or withholding; (c) furnish to the Guarantor and the Bond Trustee within the period for payment permitted by the relevant law, either: (i) an official receipt of the relevant taxation or other authorities involved in respect of all amounts so deducted or withheld; or (ii) if such receipts are not issued by the taxation or other authorities concerned on payment to them of amounts so deducted or withheld, a certificate of deduction or equivalent evidence of the relevant deduction or withholding; and (d) account to the Guarantor in full by credit to the Standby GDA Account (as the case may be) for an amount equal to the amount of any rebate, repayment or reimbursement of any deduction or withholding which the Standby Account Bank GDA Provider has made pursuant to this Section 14 11 and which is subsequently received by the Standby Account Bank GDA Provider and, for greater certainty, the Standby Account Bank GDA Provider will have no obligations obligation to obtain any rebate, repayment or reimbursement of any such deduction or withholding.

PAYMENTS AND WITHHOLDING. The parties hereto agree that payments required to be made hereunder shall be made in accordance with Section 2 and that all payments by the Standby Account Bank Depository Institution under this Agreement shall be made in full without any deduction or withholding (whether in respect of compensation, set-off, counterclaim, duties, taxes, charges or otherwise whatsoever) unless the deduction or withholding is required by law, in which event the Standby Account Bank Depository Institution shall: (a) 14.1 ensure that the deduction or withholding does not exceed the minimum amount legally required, based on the advice of counsel to the Standby Account Depository Institution; (b) 14.2 pay to the relevant taxation or other authorities within the period for payment permitted by applicable law the full amount of the deduction or withholding; (c) 14.3 furnish to the Guarantor and the Bond Trustee Trustee, within the period for payment permitted by the relevant law, either: (i) 14.3.1 an official receipt of the relevant taxation or other authorities involved in respect of all amounts so deducted or withheld; or (ii) 14.3.2 if such receipts are not issued by the taxation or other authorities concerned on payment to them of amounts so deducted or withheld, a certificate of deduction or equivalent evidence of the relevant deduction or withholding; and (d) 14.4 account to the Guarantor in full by credit to the Standby GDA GIC Account for an amount equal to the amount of any rebate, repayment or reimbursement of any deduction or withholding which the Standby Account Bank Depository Institution has made pursuant to this Section 14 and which is subsequently received by the Standby Account Bank Depository Institution and, for greater certainty, the Standby Account Bank Depository Institution will have no obligations to obtain any rebate, repayment or reimbursement of any such deduction or withholding.

PAYMENTS AND WITHHOLDING. ‌ The parties agree that payments required to be made hereunder shall be made in accordance with Section 2 and that all payments by the Standby Account Bank under this Agreement shall be made in full without any deduction or withholding (whether in respect of set-off, counterclaim, duties, taxes, charges or otherwise whatsoever) unless the deduction or withholding is required by law, in which event the Standby Account Bank shall: (a) ensure that the deduction or withholding does not exceed the minimum amount legally required; (b) pay to the relevant taxation or other authorities within the period for payment permitted by applicable law the full amount of the deduction or withholding; (c) furnish to the Guarantor and the Bond Trustee within the period for payment permitted by the relevant law, either: (i) an official receipt of the relevant taxation or other authorities involved in respect of all amounts so deducted or withheld; or (ii) if such receipts are not issued by the taxation or other authorities concerned on payment to them of amounts so deducted or withheld, a certificate of deduction or equivalent evidence of the relevant deduction or withholding; and (d) account to the Guarantor in full by credit to the Standby GDA Account for an amount equal to the amount of any rebate, repayment or reimbursement of any deduction or withholding which the Standby Account Bank has made pursuant to this Section 14 and which is subsequently received by the Standby Account Bank and, for greater certainty, the Standby Account Bank will have no obligations to obtain any rebate, repayment or reimbursement of any such deduction or withholding.

PAYMENTS AND WITHHOLDING. The parties agree that payments required to be made hereunder shall be made in accordance with Section 2 of the Standby Bank Account Agreement and that all payments by the Standby Account Bank GIC Provider under this Agreement shall be made in full without any deduction or withholding (whether in respect of set-off, counterclaim, duties, taxes, charges or otherwise whatsoever) unless the deduction or withholding is required by law, in which event the Standby Account Bank GIC Provider shall: (a) ensure that the deduction or withholding does not exceed the minimum amount legally required, based on the advice of counsel to the Standby GIC Provider; (b) pay to the relevant taxation or other authorities within the period for payment permitted by applicable law the full amount of the deduction or withholding; (c) furnish to the Guarantor and the Bond Trustee within the period for payment permitted by the relevant law, either: (i) an official receipt of the relevant taxation or other authorities involved in respect of all amounts so deducted or withheld; or (ii) if such receipts are not issued by the taxation or other authorities concerned on payment to them of amounts so deducted or withheld, a certificate of deduction or equivalent evidence of the relevant deduction or withholding; and (d) account to the Guarantor in full by credit to the Standby GDA GIC Account (as the case may be) for an amount equal to the amount of any rebate, repayment or reimbursement of any deduction or withholding which the Standby Account Bank GIC Provider has made pursuant to this Section 14 11 and which is subsequently received by the Standby Account Bank GIC Provider and, for greater certainty, the Standby Account Bank GIC Provider will have no obligations obligation to obtain any rebate, repayment or reimbursement of any such deduction or withholding.

PAYMENTS AND WITHHOLDING. The parties agree that payments required to be made hereunder shall be made in accordance with Section 2 (Standby Transaction Account and Standby GIC Account) of the Standby Account Agreement and that all payments by the Standby Account Bank GIC Provider under this Agreement shall be made in full without any deduction or withholding (whether in respect of compensation, set-off, counterclaim, duties, taxes, charges or otherwise whatsoever) unless the deduction or withholding is required by law, in which event the Standby Account Bank GIC Provider shall: (a) 11.1 ensure that the deduction or withholding does not exceed the minimum amount legally required, based on the advice of counsel to the Standby GIC Provider; (b) 11.2 pay to the relevant taxation or other authorities within the period for payment permitted by applicable law the full amount of the deduction or withholding; (c) 11.3 furnish to the Guarantor and the Bond Trustee Trustee, within the period for payment permitted by the relevant law, either: (i) 11.3.1 an official receipt of the relevant taxation or other authorities involved in respect of all amounts so deducted or withheld; or (ii) 11.3.2 if such receipts are not issued by the taxation or other authorities concerned on payment to them of amounts so deducted or withheld, a certificate of deduction or equivalent evidence of the relevant deduction or withholding; and (d) 11.4 account to the Guarantor in full by credit to the Standby GDA GIC Account (as the case may be) for an amount equal to the amount of any rebate, repayment or reimbursement of any deduction or withholding which the Standby Account Bank GIC Provider has made pursuant to this Section 14 11 and which is subsequently received by the Standby Account Bank GIC Provider and, for greater certainty, the Standby Account Bank GIC Provider will have no obligations obligation to obtain any rebate, repayment or reimbursement of any such deduction or withholding.

PAYMENTS AND WITHHOLDING. The parties agree that payments required to be made hereunder shall will be made in accordance with Section Article 2 (Standby Transaction Account and Standby GDA Account) of the Standby Bank Account Agreement and that all payments by the Standby Account Bank GDA Provider under this Agreement shall will be made in full without any deduction or withholding (whether in respect of set-off, counterclaim, duties, taxes, charges or otherwise whatsoever) unless the deduction or withholding is required by law, in which event the Standby Account Bank shallGDA Provider will: (a) ensure that the deduction or withholding does not exceed the minimum amount legally requiredrequired by law; (b) pay to the relevant taxation or other authorities within the period for payment permitted by applicable law the full amount of the deduction or withholding; (c) furnish to the Guarantor and the Bond Trustee within the period for payment permitted by the relevant law, either: (i) an official receipt of the relevant taxation or other authorities involved in respect of all amounts so deducted or withheld; or (ii) if such receipts are not issued by the taxation or other authorities concerned on payment to them of amounts so deducted or withheld, a certificate of deduction or equivalent evidence of the relevant deduction or withholding; and (d) account to the Guarantor in full by credit to the Standby GDA Account (as the case may be) for an amount equal to the amount of any rebate, repayment or reimbursement of any deduction or withholding which the Standby Account Bank GDA Provider has made pursuant to this Section 14 Article 11 and which is subsequently received by the Standby Account Bank GDA Provider and, for greater certainty, the Standby Account Bank GDA Provider will have no obligations obligation to obtain any rebate, repayment or reimbursement of any such deduction or withholding.