Common use of WITHHOLDING TAX EVENT Clause in Contracts

WITHHOLDING TAX EVENT. In the event that there is a withholding tax imposed (1) in relation to the Party B's payments under the Notes; (2) in relation to any payments to Party B under the Series 05-1 MTN; (3) in relation to Party B's payments under this Agreement, (4) in relation to Party A's payments under this Agreement (following the expiration of a period of 30 days from Party B or the Note Trustee becoming aware of the imposition of such withholding tax and notwithstanding Party A's obligations in relation to Section 6(b)(ii)(2) of this Agreement); provided that: (A) with respect to the Additional Termination Events set out in this paragraph 1.9(a)(iii), for purposes of Section 6(b) (iv) of the Agreement (Right to Terminate), Party A shall be the sole Affected Party (and provided further that in the event that Party B exercises its right to terminate in accordance with the Agreement, the relevant class of Noteholders in respect of the relevant Agreement shall first have directed the Note Trustee to terminate the relevant Agreement by way of extraordinary resolution); (B) with respect to the Additional Termination Events set out in this paragraph 1.9(a)(iii)(1), 1.9(a)(iii)(2) and/or 1.9(a)(iii)(3), for purposes of all calculations and payments in respect of early termination as provided by Section 6(e) of this Agreement (Payments on Early Termination), Party B shall be considered to be the sole Affected Party for purposes of all such calculations.

WITHHOLDING TAX EVENT. In the event that there is a withholding tax imposed (1) in relation to the Party B's payments under the Notes; (2) in relation to any payments to Party B under the Series 0504-1 2 MTN; (3) in relation to Party B's payments under this Agreement, (4) in relation to Party A's payments under this Agreement (following the expiration of a period of 30 days from Party B or the Note Trustee becoming aware of the imposition of such withholding tax and notwithstanding Party A's obligations in relation to Section 6(b)(ii)(2) of this Agreement); provided that: (A) with respect to the Additional Termination Events set out in this paragraph 1.9(a)(iii), for purposes of Section 6(b) (iv6(b)(iv) of the Agreement (Right to Terminate), Party A shall be the sole Affected Party (and provided further that in the event that Party B exercises its right to terminate in accordance with the Agreement, the relevant class of Noteholders in respect of the relevant Agreement shall first have directed the Note Trustee to terminate the relevant Agreement by way of extraordinary resolution); (B) with respect to the Additional Termination Events set out in this paragraph 1.9(a)(iii)(1), 1.9(a)(iii)(2) and/or 1.9(a)(iii)(3), for purposes of all calculations and payments in respect of early termination as provided by Section 6(e) of this Agreement (Payments on Early Termination), Party B shall be considered to be the sole Affected Party for purposes of all such calculations.

WITHHOLDING TAX EVENT. In the event that there is a withholding tax imposed (1) in relation to the Party B's payments under the Notes; (2) in relation to any payments to Party B under the Series 05-1 4 MTN; (3) in relation to Party B's payments under this Agreement, (4) in relation to Party A's payments under this Agreement (following the expiration of a period of 30 days from Party B or the Note Trustee becoming aware of the imposition of such withholding tax and notwithstanding Party A's obligations in relation to Section 6(b)(ii)(2) of this Agreement); provided that: (A) with respect to the Additional Termination Events set out in this paragraph 1.9(a)(iii), for purposes of Section 6(b) (iv6(b)(iv) of the Agreement (Right to Terminate), Party A shall be the sole Affected Party (and provided further that in the event that Party B exercises its right to terminate in accordance with the Agreement, the relevant class of Noteholders in respect of the relevant Agreement shall first have directed the Note Trustee to terminate the relevant Agreement by way of extraordinary resolution); (B) with respect to the Additional Termination Events set out in this paragraph 1.9(a)(iii)(1), 1.9(a)(iii)(2) and/or 1.9(a)(iii)(3), for purposes of all calculations and payments in respect of early termination as provided by Section 6(e) of this Agreement (Payments on Early Termination), Party B shall be considered to be the sole Affected Party for purposes of all such calculations.

WITHHOLDING TAX EVENT. In the event that there is a withholding tax imposed (1) in relation to the Party B's payments under the Notes; (2) in relation to any payments to Party B under the Series 05-1 2 MTN; (3) in relation to Party B's payments under this Agreement, (4) in relation to Party A's payments under this Agreement (following the expiration of a period of 30 days from Party B or the Note Trustee becoming aware of the imposition of such withholding tax and notwithstanding Party A's obligations in relation to Section 6(b)(ii)(2) of this Agreement); provided that: (A) with respect to the Additional Termination Events set out in this paragraph 1.9(a)(iii), for purposes of Section 6(b) (iv6(b)(iii) of the Agreement (Right to Terminate), Party A shall be the sole Affected Party (and provided further that in the event that Party B exercises its right to terminate in accordance with the Agreement, the relevant class of Noteholders in respect of the relevant Agreement shall first have directed the Note Trustee to terminate the relevant Agreement by way of extraordinary resolution); (B) with respect to the Additional Termination Events set out in this paragraph 1.9(a)(iii)(1), 1.9(a)(iii)(2) and/or 1.9(a)(iii)(3), for purposes of all calculations and payments in respect of early termination as provided by Section 6(e) of this Agreement (Payments on Early Termination), Party B shall be considered to be the sole Affected Party for purposes of all such calculations.