Common use of Payments in Foreign Currency Clause in Contracts

Payments in Foreign Currency. Except as disclosed in the Registration Statement, the General Disclosure Package and the Prospectus, (i) all dividends and other distributions declared and payable on the Securities may under current laws and regulations of Switzerland be paid by the Company to the holder thereof in Swiss franc that may be converted into foreign currency and, except for certain restrictions with respect to national and international sanctions relating to certain countries, freely transferred out of Switzerland, and (ii) all such payments made to holders thereof or therein who are non-residents of Switzerland will not be subject to income or withholding taxes under laws and regulations of Switzerland or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in Switzerland or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in Switzerland or any political subdivision or taxing authority thereof or therein.

Payments in Foreign Currency. Except as disclosed in the Registration Statement, the General Disclosure Package and the ProspectusPackage, (i) all dividends and other distributions declared and payable on the Securities may under current laws and regulations of Switzerland and any political subdivision thereof, all interest, principal, premium, if any, and other payments due or made on the Securities may be paid by the Company Issuer to the holder thereof in United States dollars or Swiss franc francs that may be converted into foreign currency and, except for certain restrictions with respect to national and international sanctions relating to certain countries, freely transferred out of Switzerland, Switzerland and (ii) all such payments made to holders thereof or therein who are non-residents of Switzerland will not be subject to income income, withholding or withholding other taxes under laws and regulations of Switzerland or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in Switzerland or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in Switzerland or any political subdivision or taxing authority thereof or therein.

Payments in Foreign Currency. Except as disclosed in the Registration Statement, the General Disclosure Package Prospectus and the any Free Writing Prospectus, (i) under current laws and regulations of Switzerland and any political subdivision thereof, all dividends and other distributions declared and payable on the Securities Shares may under current laws and regulations of Switzerland be paid by the Company to the holder thereof in United States dollars or Swiss franc that may be converted into foreign currency and, except for certain restrictions with respect to national and international sanctions relating to certain countries, freely transferred out of Switzerland, Switzerland and (ii) all such payments made to holders thereof or therein who are non-residents of Switzerland will not be subject to income income, withholding or withholding other taxes under laws and regulations of Switzerland or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in Switzerland or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in Switzerland or any political subdivision or taxing authority thereof or therein.

Payments in Foreign Currency. Except as disclosed in the Registration Statement, the General Disclosure Package and the ProspectusPackage, (i) all dividends and other distributions declared and payable on the Securities may under current laws and regulations of Switzerland and any political subdivision thereof, all interest, principal, premium, if any, and other payments due or made on the Offered Securities may be paid by the Company to the holder thereof in United States dollars or Swiss franc francs that may be converted into foreign currency and, except for certain restrictions with respect to national and international sanctions relating to certain countries, freely transferred out of Switzerland, Switzerland and (ii) all such payments made to holders thereof or therein who are non-residents of Switzerland will not be subject to income income, withholding or withholding other taxes under laws and regulations of Switzerland or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in Switzerland or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in Switzerland or any political subdivision or taxing authority thereof or therein.

Payments in Foreign Currency. Except as disclosed in the Registration Statement, the General Disclosure Package and the ProspectusPackage, (i) all dividends and other distributions declared and payable on the Securities may under current laws and regulations of Switzerland and any political subdivision thereof, all payments due or made on the Securities may be paid by the Company Issuer to the holder thereof in United States dollars or Swiss franc francs that may be converted into foreign currency and, except for certain restrictions with respect to national and international sanctions relating to certain countries, freely transferred out of Switzerland, Switzerland and (ii) all such payments made to holders thereof or therein who are non-residents of Switzerland will not be subject to income income, withholding or withholding other taxes under laws and regulations of Switzerland or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in Switzerland or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in Switzerland or any political subdivision or taxing authority thereof or therein.

Payments in Foreign Currency. [Except as disclosed in the Registration Statement, the General Disclosure Package and the Prospectus, ,] (i) all dividends and other distributions declared and payable on the Securities may under current laws and regulations of Switzerland be paid by the Company to the holder thereof in Swiss franc that may be converted into foreign currency and, except for certain restrictions with respect to national and international sanctions relating to certain countries, freely transferred out of Switzerland, and (ii) all such payments made to holders thereof or therein who are non-residents of Switzerland will not be subject to income or withholding taxes under laws and regulations of Switzerland or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in Switzerland or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in Switzerland or any political subdivision or taxing authority thereof or therein.

Payments in Foreign Currency. Except as disclosed in the Registration Statement, the General Disclosure Package and the Final Prospectus, (i) under current laws and regulations of Switzerland and any political subdivision thereof, all dividends and other distributions declared and payable on the Offered Securities may under current laws and regulations of Switzerland be paid by the Company to the holder thereof in United States dollars or Swiss franc that may be converted into foreign currency and, except for certain restrictions with respect to national and international sanctions relating to certain countries, freely transferred out of Switzerland, Switzerland and (ii) all such payments made to holders thereof or therein who are non-residents of Switzerland will not be subject to income income, withholding or withholding other taxes under laws and regulations of Switzerland or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in Switzerland or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in Switzerland or any political subdivision or taxing authority thereof or therein.

Payments in Foreign Currency. Except as disclosed in the Registration Statement, the General Disclosure Package and the Preliminary Prospectus, (i) the Prospectus and any Free Writing Prospectus, under current laws and regulations of Switzerland and any political subdivision thereof, all dividends and other distributions declared and payable on the Securities Underlying Shares may under current laws and regulations of Switzerland be paid by the Company to the holder thereof in United States dollars or Swiss franc that may be converted into foreign currency and, except for certain restrictions with respect to national and international sanctions relating to certain countries, freely transferred out of Switzerland, Switzerland and (ii) all such payments made to holders thereof or therein who are non-residents of Switzerland will not be subject to income income, withholding or withholding other taxes under laws and regulations of Switzerland or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in Switzerland or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in Switzerland or any political subdivision or taxing authority thereof or therein.