Common use of RIGHT TO WITHHOLD Clause in Contracts

RIGHT TO WITHHOLD. Each of the Trustee and the Paying Agent shall be entitled to deduct FATCA Withholding Tax, and shall have no obligation to gross-up any payment hereunder or to pay any additional amount as a result of such FATCA Withholding Tax.

Appears in 7 contracts

Sources: Ninth Supplemental Indenture (Prologis, L.P.), First Supplemental Indenture (Prologis Yen Finance LLC), Second Supplemental Indenture (Prologis, L.P.)

RIGHT TO WITHHOLD. Each of the Trustee and the European Paying Agent shall be entitled to deduct FATCA Withholding Tax, and shall have no obligation to gross-up any payment hereunder or to pay any additional amount as a result of such FATCA Withholding Tax.

Appears in 2 contracts

Sources: Seventh Supplemental Indenture (Prologis, L.P.), Seventh Supplemental Indenture (Prologis, L.P.)

RIGHT TO WITHHOLD. Each of the Trustee and the Paying Agent shall be entitled to deduct FATCA Withholding Tax, and shall have no obligation to gross-up any payment hereunder or to pay any additional amount Additional Amount as a result of such FATCA Withholding Tax.

Appears in 2 contracts

Sources: Supplemental Indenture (Prologis, L.P.), Sixth Supplemental Indenture (Prologis, L.P.)