Examples of Swiss Withholding Tax in a sentence
For a detailed description of such events and their effects please refer to the Product Documentation.Withholding tax Investors in this Product should note that any payment under this Product may be subject to withholding tax (such as, inter alia, Swiss Withholding Tax, and/orwithholding related to FATCA or 871(m) of the US Tax Code).
For a detailed description of such events and their effects please refer to the Product Documentation.Withholding taxInvestors in this Product should note that any payment under this Product may be subject to withholding tax (such as, inter alia, Swiss Withholding Tax, and/or withholding related to FATCA or 871(m) of the US Tax Code).
For this purpose, the Swiss Withholding Tax shall be calculated on the full grossed-up interest amount.
To the extent the Guarantee Payment due is less than the Available Amount, the applicable Swiss Guarantor shall be required to make a gross-up, indemnify or otherwise hold harmless the Secured Parties for the deduction of the Swiss Withholding Tax, it being understood that at no time shall the Guarantee Payment (including any gross-up or indemnification payment pursuant to this paragraph (c) and including any Swiss Withholding Tax levied thereon) exceed the Available Amount.
When entering into this Agreement, the parties have assumed that the interest payable at the rates set out in this Section or in other Sections of this Agreement is not and will not become subject to the Swiss Withholding Tax.