Common use of Tax Deduction Clause in Contracts

Tax Deduction. take reasonable steps to ensure that it does not engage in any course of conduct that would lead to a deduction, for United Kingdom corporation tax purposes, in respect of accrued interest or discount on the Current Issuer Notes by the Current Issuer being denied, postponed or restricted (whether such denial, postponement or restriction results from the application of paragraph 2 or 13 of Schedule 9 of the Finance Act 1996 or otherwise);

Appears in 8 contracts

Samples: Issuer Trust Deed (Granite Mortgages 03-1 PLC), Issuer Trust Deed (Granite Mortgages 02-2 PLC), Issuer Trust Deed (Granite Mortgages 03-1 PLC)

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Tax Deduction. take reasonable steps to ensure that it does not engage in any course of conduct that would lead to a deduction, for United Kingdom corporation tax purposes, in respect of accrued interest or discount on the Current First Issuer Notes by the Current First Issuer being denied, postponed or restricted (whether such denial, postponement or restriction results from the application of paragraph 2 or 13 of Schedule 9 of the Finance Act 1996 Xxx 0000 or otherwise);

Appears in 2 contracts

Samples: First Issuer Trust Deed (Permanent Mortgages Trustee LTD), First Issuer Trust Deed (Permanent Mortgages Trustee LTD)

Tax Deduction. take reasonable steps to ensure that it does not engage in any course of conduct that would lead to a deduction, for United Kingdom corporation tax purposes, in respect of accrued interest or discount on the Current Master Issuer Notes by the Current Master Issuer being denied, postponed or restricted (whether such denial, postponement or restriction results from the application of paragraph 2 or 13 of Schedule 9 of the Finance Act 1996 or otherwise);

Appears in 1 contract

Samples: Master Issuer Trust Deed (Holmes Master Issuer)

Tax Deduction. take reasonable steps to ensure that it does not engage in any course of conduct that would lead to a deduction, for United Kingdom corporation tax purposes, in respect of accrued interest or discount on the Current Ninth Issuer Notes by the Current Ninth Issuer being denied, postponed or restricted (whether such denial, postponement or restriction results from the application of paragraph 2 or 13 of Schedule 9 of the Finance Act 1996 or otherwise);

Appears in 1 contract

Samples: Trust Deed (HOLMES FINANCING (No. 9) PLC)

Tax Deduction. take reasonable steps to ensure that it does not engage in any course of conduct that would lead to a deduction, for United Kingdom corporation tax purposes, in respect of accrued interest or discount on the Current Seventh Issuer Notes by the Current Seventh Issuer being denied, postponed or restricted (whether such denial, postponement or restriction results from the application of paragraph 2 or 13 of Schedule 9 of the Finance Act 1996 or otherwise);

Appears in 1 contract

Samples: Seventh Issuer Trust Deed (Holmes Financing No 7 PLC)

Tax Deduction. take reasonable steps to ensure that it does not engage in any course of conduct that would lead to a deduction, for United Kingdom corporation tax purposes, in respect of accrued interest or discount on the Current Issuer Notes by the Current Master Issuer being denied, postponed or restricted (whether such denial, postponement or restriction results from the application of paragraph 2 or 13 of Schedule 9 of the Finance Act 1996 or otherwise);

Appears in 1 contract

Samples: Master Issuer Trust Deed (Permanent Funding (No. 2) LTD)

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Tax Deduction. take reasonable steps to ensure that it does not engage in any course of conduct that would lead to a deduction, for United Kingdom corporation tax purposes, in respect of accrued interest or discount on the Current Eighth Issuer Notes by the Current Eighth Issuer being denied, postponed or restricted (whether such denial, postponement or restriction results from the application of paragraph 2 or 13 of Schedule 9 of the Finance Act 1996 or otherwise);

Appears in 1 contract

Samples: Eighth Issuer Trust Deed (Holmes Financing No 8 PLC)

Tax Deduction. take reasonable steps to ensure that it does not engage in any course of conduct that would lead to a deduction, for United Kingdom corporation tax purposes, in respect of accrued interest or discount on the Current Second Issuer Notes by the Current Second Issuer being denied, postponed or restricted (whether such denial, postponement or restriction results from the application of paragraph 2 or 13 of Schedule 9 of the Finance Act 1996 or otherwise);

Appears in 1 contract

Samples: Second Issuer Trust Deed (Permanent Mortgages Trustee LTD)

Tax Deduction. take reasonable steps to ensure that it does not engage in any course of conduct that would lead to a deduction, for United Kingdom corporation tax purposes, in respect of accrued interest or discount on the Current Issuer Notes by the Current Issuer being denied, postponed or restricted (whether such denial, postponement or restriction results from the application of paragraph 2 or 13 of Schedule 9 of the Finance Act 1996 or otherwise);

Appears in 1 contract

Samples: Trust Deed (Permanent Funding (No. 2) LTD)

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