Common use of Qualifying Lender Clause in Contracts

Qualifying Lender. Funding 1 shall not be required to pay an additional amount as referred to in CLAUSE 10.1 (Gross-up) above in respect of any deduction or withholding for or on account of any Taxes levied or imposed by the United Kingdom (or any taxing authority of or in the United Kingdom) from a payment of interest, if on the date on which the payment falls due:

Appears in 8 contracts

Samples: Liquidity Facility Agreement (Permanent Mortgages Trustee LTD), Agreement (Permanent Mortgages Trustee LTD), Agreement (Permanent Financing (No. 6) PLC)

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Qualifying Lender. Funding 1 shall not be required to pay an additional amount as referred to in CLAUSE Clause 10.1 (Gross-up) above in respect of any deduction or withholding for or on account of any Taxes levied or imposed by the United Kingdom (or any taxing authority of or in the United Kingdom) from a payment of interest, if on the date on which the payment falls due:

Appears in 4 contracts

Samples: Funding 1 Liquidity Facility Agreement (Permanent Mortgages Trustee LTD), Funding 1 Liquidity Facility Agreement (Permanent Mortgages Trustee LTD), Funding 1 Liquidity Facility Agreement (Permanent Mortgages Trustee LTD)

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Qualifying Lender. Funding 1 shall not be required to pay an additional amount as referred to in CLAUSE 10.1 10(1) (Gross-up) above in respect of any deduction or withholding for or on account of any Taxes levied or imposed by the United Kingdom (or any taxing authority of or in the United Kingdom) from a payment of interest, if on the date on which the payment falls due:

Appears in 1 contract

Samples: Liquidity Facility Agreement (Permanent Mortgages Trustee LTD)

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