Withholding Tax Rate. Any withholdings referred to in this Section 6.11 shall be made at the maximum applicable statutory rate under the applicable tax law unless the General Partner shall have received an opinion of counsel or other evidence, satisfactory to the General Partner, to the effect that a lower rate is applicable, or that no withholding is applicable.
Appears in 4 contracts
Samples: Limited Partnership Agreement (Marsh & McLennan Companies Inc), Marsh & McLennan Companies Inc, Marsh & McLennan Companies Inc
Withholding Tax Rate. Any withholdings referred to in this Section 6.11 6.9 shall be made at the maximum applicable statutory rate under the applicable tax law unless the General Partner shall have received an opinion of counsel counsel, or other evidence, satisfactory to the General Partner, Partner to the effect that a lower rate is applicable, applicable or that no withholding is applicable.
Appears in 3 contracts
Samples: Purchase Agreement (Lauder Ronald S), Purchase Agreement (Apax Partners Europe Managers LTD), Limited Partnership Agreement (Lauder Ronald S)
Withholding Tax Rate. Any withholdings referred to in this Section 6.11 6.10 shall be made at the maximum applicable statutory rate under the applicable tax law unless the General Partner shall have received an opinion of counsel or other evidence, satisfactory to the General Partner, to the effect that a lower rate is applicable, or that no withholding is applicable.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Marsh & McLennan Companies Inc), Marsh & McLennan Companies Inc
Withholding Tax Rate. Any withholdings referred to in this Section 6.11 shall 8.5 will be made at the maximum applicable statutory rate under the applicable tax law unless the General Partner shall have has received an opinion of counsel counsel, a valid and properly completed and executed withholding certificate, or other evidence, satisfactory to the General Partner, Partner to the effect that a lower rate is applicable, applicable or that no withholding is applicable.
Appears in 2 contracts
Samples: Fourth (GPB Holdings II, LP), GPB Automotive Portfolio, LP
Withholding Tax Rate. Any withholdings referred to in this Section 6.11 6.9 shall be made at the maximum applicable statutory rate under the applicable tax law unless the General Partner shall have received an opinion of counsel or other evidence, satisfactory to the General Partner, to the effect that a lower rate is applicable, or that no withholding is applicable.
Appears in 1 contract
Samples: Marsh & McLennan Companies Inc
Withholding Tax Rate. Any withholdings referred to in this Section 6.11 6.10 shall be made at the maximum applicable statutory rate under the applicable tax law unless the General Partner shall have received an opinion of counsel counsel, or other evidence, evidence satisfactory to the General Partner, to the effect that a lower rate is applicable, applicable or that no withholding is applicable.
Appears in 1 contract
