Common use of Withholding Taxes; Information Reporting Clause in Contracts

Withholding Taxes; Information Reporting. Without limitation of subsections 15.05(d) and 15.05(e), the Indenture Trustee shall exclude and withhold from each distribution of principal, Premium, if any, Break Amount, if any, and interest and other amounts due hereunder or under the Certificates any and all withholding taxes applicable thereto as required by law. The Indenture Trustee agrees to act as such withholding agent and, in connection therewith, whenever any present or future taxes or similar charges are required to be withheld with respect to any amounts payable in respect to the Certificates, to withhold such amounts and timely pay the same to the appropriate authority in the name of and on behalf of the Holders, that it will file any necessary withholding tax returns or statements when due, and that, as promptly as possible after the payment thereof, it will deliver to each Holder appropriate documentation showing the payment thereof, together with such additional documentary evidence as such Holders may reasonably request from time to time. The Indenture Trustee agrees to file any other information reports as it may be required to file under United States law. Such withholding by the Indenture Trustee shall in no event give rise to an Indenture Event of Default.

Appears in 5 contracts

Samples: Trust Indenture and Security Agreement (Southwest Airlines Co), Trust Indenture and Security Agreement (Southwest Airlines Co), Trust Indenture and Security Agreement (Southwest Airlines Co)

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Withholding Taxes; Information Reporting. Without limitation of subsections 15.05(d) and 15.05(e), the Indenture Trustee shall exclude and withhold from each distribution of principal, Premium, if any, Break Amount, if any, and interest and other amounts due hereunder or under the Certificates any and all withholding taxes applicable thereto as required by law. The Indenture Trustee agrees to act as such withholding agent and, in connection therewith, whenever any present or future taxes or similar charges are required to be withheld with respect to any amounts payable in respect to the Certificates, to withhold such amounts and timely pay the same to the appropriate authority in the name of and on behalf of the Holders, that it will file any necessary withholding tax returns or statements when due, and that, as promptly as possible after the payment thereof, it will deliver to each Holder appropriate documentation showing the payment thereof, together with such additional documentary evidence as such Holders may reasonably request from time to time. The Indenture Trustee agrees to file any other information reports as it may be required to file under United States law. Such withholding by the Indenture Trustee shall in no event give rise to an Indenture Event of DefaultDefault and shall be deemed to constitute payment in full of the amount withheld.

Appears in 2 contracts

Samples: Trust Indenture and Security Agreement (Southwest Airlines Co), Trust Indenture and Security Agreement (Southwest Airlines Co)

Withholding Taxes; Information Reporting. Without limitation of subsections 15.05(d) and 15.05(e), the Indenture The Loan Trustee shall exclude and withhold at the appropriate rate from each distribution of principal, Premium, if any, Break Make-Whole Amount, if any, and interest and other amounts due hereunder or under the Certificates Equipment Notes any and all withholding taxes applicable thereto as required by law. The Indenture Loan Trustee agrees (i) to act as such withholding agent and, in connection therewith, whenever any present or future taxes or similar charges are required to be withheld with respect to any amounts payable in respect to of the CertificatesEquipment Notes, to withhold such amounts and timely pay the same to the appropriate authority in the name of and on behalf of the HoldersNoteholders, (ii) that it will file any necessary withholding tax returns or statements when due, due and (iii) that, as promptly as possible after the payment thereofof such amounts, it will deliver to each Holder Noteholder appropriate documentation showing the payment thereofof such amounts, together with such additional documentary evidence as such Holders Noteholders may reasonably request from time to time. The Indenture Loan Trustee agrees to file any other information reports as it may be required to file under United States law. Such withholding by the Indenture Trustee shall in no event give rise to an Indenture Event of Default.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (American Airlines Inc)

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Withholding Taxes; Information Reporting. Without limitation of subsections 15.05(d) and 15.05(e), the The Indenture Trustee shall exclude and withhold from each distribution of principal, Premium, if any, Break Amountpremium, if any, and interest and other amounts due hereunder or under the Certificates Lessor Notes any and all withholding taxes applicable thereto as required by law. The Indenture Trustee agrees (a) to act as such withholding agent and, in connection therewith, whenever any present or future taxes or similar charges are required to be withheld with respect to any amounts payable in respect to of the CertificatesLessor Notes, to withhold such amounts and timely pay the same to the appropriate authority in the name of and on behalf of the HoldersNoteholders, (b) that it will file any necessary withholding tax returns or statements when due, and (c) that, as promptly as possible after the payment thereof, it will deliver to each Holder Noteholder appropriate documentation showing the payment thereof, together with such additional documentary evidence as such Holders Noteholders may reasonably request from time to time. The Indenture Trustee agrees to file any other information reports as it may be required to file under United States law. Such withholding by the Indenture Trustee shall in no event give rise to an Indenture Event (Remainder of Default.Page Intentionally Left Blank)

Appears in 1 contract

Samples: Indenture of Trust and Security Agreement (Aes Eastern Energy Lp)

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