Common use of Withholding For Tax Clause in Contracts

Withholding For Tax. 6.1 All payments under this Agreement will be made without any deduction or withholding for, or on account of, any Tax unless such deduction or withholding is required by any applicable Law in effect at the time that the Tax is due to be paid. 6.2 To the extent the Service Recipient (the “payor”) is not required to deduct or withhold Tax by virtue of the Service Provider’s (the “payee”) exempt status under a specific treaty or Law, payee will provide payor with all necessary documents to support payor’s exempt status. 6.3 If payor is so required to deduct or withhold Tax, then payor will: 6.3.1 promptly notify payee of such requirement; 6.3.2 pay to the relevant authorities the full amount required to be deducted or withheld; and 6.3.3 promptly forward to the payee an official receipt (or a certified copy), or other documentation reasonably acceptable to the payee, evidencing such payment to the authorities.

Appears in 5 contracts

Samples: Sub Servicing Agreement (Synchrony Credit Card Master Note Trust), Sub Servicing Agreement, Sub Servicing Agreement (RFS Holding LLC)

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