Common use of Taxes on Subsidiary Indebtedness Clause in Contracts

Taxes on Subsidiary Indebtedness. Except as described in the Preference Offering Memorandum, as of the date hereof, no material income, stamp or other taxes or levies, imposts, deductions, charges, compulsory loans or withholdings whatsoever are or will be, under applicable law in the Republic of Poland, imposed, assessed, levied or collected by the Republic of Poland or any political subdivision or taxing authority thereof or therein or on or in respect of principal, interest, premiums, penalties or other amounts payable under any indebtedness of any of the Company's subsidiaries held by the Company.

Appears in 12 contracts

Samples: Purchase Agreement (Chase Polish Enterprises Inc), Purchase Agreement (Entertainment Inc), Purchase Agreement (Rothschild Trust Cayman Limited Trustee for Darland Trust)

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Taxes on Subsidiary Indebtedness. Except as described in the Preference Offering Memorandum, as of the date hereof, no material income, stamp or other taxes or levies, imposts, deductions, charges, compulsory loans or withholdings whatsoever are or will be, under applicable law in the Republic of Poland, imposed, assessed, levied or collected by the Republic of Poland or any political subdivision or taxing authority thereof or therein or on or in respect of principal, interest, premiums, penalties or other amounts payable under any indebtedness of any of the Company's subsidiaries held by the Company.

Appears in 4 contracts

Samples: Purchase Agreement (Entertainment Inc), Purchase Agreement (Entertainment Inc), Purchase Agreement (Poland Communications Inc)

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