Common use of Withholding Requirements Clause in Contracts

Withholding Requirements. In the event that any jurisdiction imposes any withholding or other tax on any payment made by Freddie Mac (or its agent, the Exchange Administrator, or any other person potentially required to withhold) with respect to a Note, Freddie Mac (or its agent, the Exchange Administrator, or such other person) will deduct the amount required to be withheld from such payment, and Freddie Mac (or its agent, the Exchange Administrator, or such other person) will not be required to pay additional interest or other amounts, or redeem or repay the Notes prior to the Maturity Date, as a result.

Appears in 39 contracts

Samples: Exchange Administration Agreement, Stacr Debt Agreement, Global Agency Agreement

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Withholding Requirements. In the event that any jurisdiction imposes any withholding or other tax on any payment made by Freddie Mac (or its agent, the Exchange Administrator, agent or any other person potentially required to withhold) with respect to a Note, Freddie Mac (or its agent, the Exchange Administrator, agent or such other person) will deduct the amount required to be withheld from such payment, and Freddie Mac (or its agent, the Exchange Administrator, agent or such other person) will not be required to pay additional interest or other amounts, or redeem or repay the Notes prior to the Maturity Date, as a result.

Appears in 3 contracts

Samples: Multifamily SCR Debt Agreement, Stacr Debt Agreement, Global Agency Agreement

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