Tax equalisation. 46.6 Where a payment is to be made to DBFM Co pursuant to Clause 46.1, Clause 46.3, Clause 46.4 or Clause 46.5 (a "Compensation Payment") and DBFM Co has a Relevant Tax Liability in respect of such payment, then the amount of the Compensation Payment to be made by the Authority to DBFM Co shall be increased so as to ensure that DBFM Co is in the same position (after account is taken of the Relevant Tax Liability) as it would have been in had it not been for such Relevant Tax Liability.
Appears in 5 contracts
Samples: Agreement, Agreement, Project Agreement
Tax equalisation. 46.6 Where a payment is to be made to DBFM Co pursuant to Clause 46.1, Clause 46.3, 46.3 or Clause 46.4 or Clause 46.5 (a "Compensation Payment") and DBFM Co has a Relevant Tax Liability in respect of such payment, then the amount of the Compensation Payment to be made by the Authority to DBFM Co shall be increased so as to ensure that DBFM Co is in the same position (after account is taken of the Relevant Tax Liability) as it would have been in had it not been for such Relevant Tax Liability.. For the purposes of this Clause 46 (Compensation on Termination):
Appears in 1 contract
Samples: Project Agreement
