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 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 GIC Provider shall:
Appears in 4 contracts
Samples: Guaranteed Investment Contract (RBC Covered Bond Guarantor Limited Partnership), Guaranteed Investment Contract, Guaranteed Investment Contract Agreement (RBC Covered Bond Guarantor Limited Partnership)
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 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 GIC Provider shall:
Appears in 3 contracts
Samples: Guaranteed Investment Contract, Guaranteed Investment Contract, Guaranteed Investment Contract
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 Bank Account Agreement and that all payments by the Standby 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 GIC Provider shall:
Appears in 1 contract
Samples: Guaranteed Investment Contract
