Deduction or Withholding for Tax. The provisions of Section 2(d)(i)(4) will not apply to Party B as Party X therein and 2(d)(ii) will not apply to Party B as Party Y therein and Party B shall not be required to pay any additional amounts referred to therein. Any tax in relation to payments by Party A is an Indemnifiable Tax and no tax in relation to payments by Party B is an Indemnifiable Tax.
Appears in 7 contracts
Sources: Master Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Oa3 /DE), Isda Master Agreement (PHH Alternative Mortgage Trust, Series 2007-3), Isda Master Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-1)
Deduction or Withholding for Tax. The provisions of Section 2(d)(i)(4) will not apply to Party B as Party X therein and 2(d)(ii) will not apply to Party B as Party Y therein therin and Party B shall not be required to pay any additional amounts referred to therein. Any tax in relation to payments by Party A is an Indemnifiable Tax and no tax in relation to payments by Party B is an Indemnifiable Tax.
Appears in 3 contracts
Sources: Master Agreement (PHH Alternative Mortgage Trust, Series 2007-1), Isda Master Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar6), Master Agreement (PHH Alternative Mortgage Trust, Series 2007-2)
Deduction or Withholding for Tax. The provisions of Section 2(d)(i)(4) will not apply to Party B as Party X therein and 2(d)(ii) will not apply to Party B as Party Y therein and Party B shall not be required to pay any additional amounts referred to therein. Any tax The definition of “Indemnifiable Tax” in Section 14 is deleted in its entirety and replaced with the following: “Indemnifiable Tax” means, in relation to payments by Party A is an Indemnifiable Tax and no A, any tax and, in relation to payments by Party B is an Indemnifiable TaxB, no tax.
Appears in 1 contract
Sources: Isda Master Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar6)