Common use of Taxes and Other Deductions Clause in Contracts

Taxes and Other Deductions. 6.1 All sums payable by Guarantor under this Guaranty shall be paid in full without set-off or counterclaim or any restriction or condition and free and clear of any tax or other deductions or withholdings of any nature. 6.2 If Guarantor or any other person is required by any law or regulation to make any deduction or withholding (on account of taxes or otherwise) from any payment for the account of Company, such Guarantor shall, together with such payment, pay such additional amount as will ensure that Company receives (free and clear of any tax of other deductions or withholdings) the full amount which it would have received if no such deduction or withholding had been required. Each Guarantor shall promptly forward to Company copies of official receipts or other evidence showing that the full amount of any such deduction or withholding has been paid over to the relevant taxation or other authority.

Appears in 2 contracts

Samples: Master License Agreement (Hosp-Italia Industries Inc), Guaranty and Assumption of Master Licensee's Obligations (Hosp-Italia Industries Inc)

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Taxes and Other Deductions. 6.1 7.1 All sums payable by Guarantor under this Guaranty shall be paid in full without set-off or counterclaim or any restriction or condition and free and clear of any tax or other deductions or withholdings of any nature. 6.2 7.2 If Guarantor or any other person is required by any law or regulation to make any deduction or withholding (on account of taxes tax or otherwise) from any payment for the account of Companyany Lender or Agent, such Guarantor shall, together with such payment, pay such additional amount as will ensure that Company such Lender or Agent receives (free and clear of any tax of or other deductions or withholdings) the full amount which it would have received if no such deduction or withholding had been required. Each Guarantor shall promptly forward to Company Agent copies of official receipts or other evidence showing that the full amount of any such deduction or withholding has been paid over to the relevant taxation or other authority.

Appears in 2 contracts

Samples: Loan Agreement (Hanwha Q CELLS Co., Ltd.), Guaranty (Hanwha Q CELLS Co., Ltd.)

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Taxes and Other Deductions. 6.1 All sums payable by the Guarantor under this Guaranty Deed shall be paid in full without set-off or counterclaim or any restriction or condition and free and clear of any tax or other deductions or withholdings of any nature. 6.2 . If the Guarantor or any other person is required by any law or regulation Law to make any deduction or withholding (on account of taxes tax or otherwise) from any payment for the account of Companythe Beneficiaries, such the Guarantor shall, together with such payment, pay such additional amount as will ensure that Company receives the Beneficiaries receive (free and clear of any tax of or other deductions or withholdings) the full amount which it would have received if no such deduction or withholding had been required. Each The Guarantor shall promptly forward to Company the Beneficiaries copies of official receipts or other evidence showing that the full amount of any such deduction or withholding has been paid over to the relevant taxation or other authority.

Appears in 1 contract

Samples: Deed of Guarantee (China Housing & Land Development, Inc.)

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