No Deduction or Withholding. All payments by the Issuer or, as the case may be, the Guarantor, under this Clause 19 shall be made free and clear of, and without withholding or deduction for, any taxes, duties, assessments or governmental charges of whatsoever nature imposed, levied, collected, withheld or assessed by any government having power to tax, unless such withholding or deduction is required by law. In that event, the Issuer or, as the case may be, the Guarantor shall pay such additional amounts as will result in receipt by the relevant Agent of such amounts as would have been received by it if no such withholding had been required.
Appears in 2 contracts
Sources: Supplemental Agency Agreement (Portugal Telecom SGPS Sa), Supplemental Agency Agreement (Portugal Telecom SGPS Sa)
No Deduction or Withholding. All payments by the Issuer orIssuer, as the case may be, failing whom the Guarantor, under this Clause 19 9.4 shall be made free and clear of, and without withholding or deduction for, any taxes, duties, assessments or governmental charges of whatsoever nature imposed, levied, collected, withheld or assessed by any government having power to tax, unless such withholding or deduction is required by law. In that event, the Issuer orIssuer, as failing whom the case may beGuarantor, the Guarantor shall pay such additional amounts as will result in receipt by the relevant Issuing and Paying Agent of such amounts as would have been received by it if no such withholding withholdings had been required.
Appears in 1 contract
Sources: Issuing and Paying Agency Agreement (Danaher Corp /De/)