TAXES ON PAYMENTS definition
TAXES ON PAYMENTS all payments to be made by the Mortgagor under this Deed may be made by the Mortgagor free and clear of, and without deduction for, Taxes and no deductions or withholdings are required to be made therefrom save as specified in any legal opinion referred to in paragraphs 2, 3 and 4 of Schedule 3 to the Facility Agreement; and no Taxes are imposed on by virtue of the execution or delivery by the Mortgagor of this Deed or any document to be executed or delivered under this Deed;
TAXES ON PAYMENTS all payments to be made by the Assignor under this Deed may be made by the Assignor free and clear of, and without deduction for, Taxes and no deductions or withholdings are required to be made therefrom save as specified in any legal opinion referred to in paragraphs 2, 3 and 4 of Schedule 3 to the Facility Agreement; and no Taxes are imposed on or by virtue of the execution or delivery by the Assignor of this Deed or any document to be executed or delivered under this Deed;
Examples of TAXES ON PAYMENTS in a sentence
CONTRACTOR WILL BE SOLELY RESPONSIBLE TO PAY ALL FEDERAL, STATE AND OTHER TAXES ON PAYMENTS RECEIVED FROM LICENSEE.
TAXES ON PAYMENTS.................................................................................