Common use of Withholding Amounts Clause in Contracts

Withholding Amounts. If the Client is required by any non‐Australian Legislative Requirement to deduct or withhold taxes or any other amount for the benefit of a third party from any amount that is payable under this Agreement (including as withholding agent for GT under any non‐Australian Legislative Requirement), the Client must: (a) increase the relevant amount that is payable to GT by the amount that is required to be deducted or withheld (which will result in the receipt by GT of the full amount which would have been payable to GT under this Agreement if no deduction or withholding had been required); (b) make the required deductions or withholdings; (c) pay the full amount deducted or withheld in accordance with the obligation imposed on the Client by the non‐Australian Legislative Requirement; and (d) promptly deliver to GT a copy of the receipt for each such payment.

Withholding Amounts. If the Client is required by any non‐Australian non-Australian Legislative Requirement to deduct or withhold taxes or any other amount for the benefit of a third party from any amount that is payable under this Agreement (including as withholding agent for GT under any non‐Australian non-Australian Legislative Requirement), the Client must: (a) increase the relevant amount that is payable to GT by the amount that is required to be deducted or withheld (which will result in the receipt by GT of the full amount which would have been payable to GT under this Agreement if no deduction or withholding had been required); (b) make the required deductions or withholdings; (c) pay the full amount deducted or withheld in accordance with the obligation imposed on the Client by the non‐Australian non-Australian Legislative Requirement; and (d) promptly deliver to GT a copy of the receipt for each such payment.