Common use of Payer Tax Representation Clause in Contracts

Payer Tax Representation. For the purpose of Section 3(e), Party A hereby makes the following representation: It is not required by any applicable law, as modified by the practice of any relevant governmental revenue authority, of any Relevant Jurisdiction to make any deduction or withholding for or on account of any Tax from any payment (other than interest under Sections 2(e), 6(d)(ii) or 6(e)) to be made by it to Party B under this Agreement. In making this representation, it may rely on: (A) the accuracy of any representation made by Party B pursuant to Section 3(f); (B) the satisfaction of the agreement of Party B contained in Sections 4(a)(i) or 4(a)(iii) and the accuracy and effectiveness of any document provided by Party B pursuant to Sections 4(a)(i) or 4(a)(iii); and (C) the satisfaction of the agreement of Party B contained in Section 4(d).

Appears in 1 contract

Sources: Master Agreement (Trader Classified Media Nv)

Payer Tax Representation. For the purpose of Section 3(e), Party A hereby and Party B each makes the following representation: It is not required by any applicable law, as modified by the practice of any relevant governmental revenue authority, of any Relevant Jurisdiction to make any deduction or withholding for or on account of any Tax from any payment (other than interest under Sections 2(e), 6(d)(ii) or 6(e)) of this Agreement) to be made by it to Party B the other party under this Agreement. In making this representation, it may rely on: (Ai) the accuracy of any representation made by Party B the other party pursuant to Section 3(f); (Bii) the satisfaction of the agreement of Party B the other party contained in Sections Section 4(a)(i) or 4(a)(iii) and the accuracy and effectiveness of any document provided by Party B the other party pursuant to Sections Section 4(a)(i) or 4(a)(iii); and (Ciii) the satisfaction of the agreement of Party B the other party contained in Section 4(d).;

Appears in 1 contract

Sources: Master Agreement

Payer Tax Representation. For the purpose of Section 3(e), Party A and Party B hereby makes make the following representation: It is not required by any applicable law, as modified by the practice of any relevant governmental revenue authority, of any Relevant Jurisdiction to make any deduction or withholding for or on account of any Tax from any payment (other than interest under Sections Section 2(e), 6(d)(ii) or 6(e)) to be made by it to Party B the other party under this Agreement. In making this representation, it may rely on: (Ai) the accuracy of any representation made by Party B the other party pursuant to Section 3(f); (Bii) the satisfaction of the agreement of Party B the other party contained in Sections Section 4(a)(i) or 4(a)(iii) and the accuracy and effectiveness of any document provided by Party B the other party pursuant to Sections Section 4(a)(i) or 4(a)(iii); and (Ciii) the satisfaction of the agreement of Party B the other party contained in Section 4(d); provided that it shall not be a breach of this representation where reliance is placed on clause (ii) and the other party does not deliver a form or document under Section 4(a)(iii) by reason of material prejudice to its legal or commercial position.

Appears in 1 contract

Sources: Isda Master Agreement (Kadant Inc)