Examples of Additional Provision in a sentence
Any requests for deviations from or waivers of required coverages or minimums shall be submitted in writing and approved by MTS’s Risk Manager as a condition of this agreement.A.1. Professional Liability – Additional Provision.
The Guarantor will comply with the reporting obligations set out in Section 4 of the First Additional Provision of Law 10/2014 in respect of Holders or beneficial owners who are taxpayers of the Spanish Individual Income Tax or taxpayers of the Spanish Corporation Tax, as well as taxpayers of the Spanish Non-resident Income Tax who hold the Securities through a permanent establishment located in Spanish territory.
Each such Additional Provision shall be deemed automatically incorporated by reference into this Agreement, mutatis mutandis, as if set forth fully herein, without any further action required on the part of any Person, effective as of the date when such Additional Provision is effective under such Permitted Additional Indebtedness.
Refer to the “Convertibility” section of the Additional Provision for details on whether this feature applies to your Loan.
The Guarantor will apply the First Additional Provision of Law 10/2014 to the Securities for Spanish tax purposes.