Template:ISDA Master Agreement 2002 Schedule 2(a): Difference between revisions

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'''{{isdaprov|Payer Tax Representations}}'''. For the purpose of Section {{isdaprov|3(e)}}, Party A and Party B each makes the following [[representation]]:<br>
{{isdaprov|Schedule 2(a)}} '''{{isdaprov|Payer Tax Representations}}'''. For the purpose of Section {{isdaprov|3(e)}}, Party A and Party B each makes the following [[representation]]:<br>


It is not required by any [[applicable law]], as modified by the practice of any relevant governmental revenue authority, of any {{isdaprov|Relevant Jurisdiction}} to make any deduction or withholding for or on account of any {{isdaprov|Tax}} from any payment (other than interest under Section {{gmslaprov|9(h)}} of this {{isdaprov|Agreement}}) to be made by it to the other party under this {{isdaprov|Agreement}}. In making this representation, it may rely on (i) the accuracy of any representations made by the other party pursuant to Section {{isdaprov|3(f)}} of this {{isdaprov|Agreement}}, (ii) the satisfaction of the agreement contained in Section {{isdaprov|4(a)(i)}} or {{isdaprov|4(a)(iii)}} of this {{isdaprov|Agreement}} and the accuracy and effectiveness of any document provided by the other party pursuant to Section {{isdaprov|4(a)(i)}} or {{isdaprov|4(a)(iii)}} of this {{isdaprov|Agreement}} and (iii) the satisfaction of the agreement of the other party contained in Section {{isdaprov|4(d)}} of this {{isdaprov|Agreement}}, except that it will not be a breach of this representation where reliance is placed on clause (ii) above and the other party does not deliver a form or document under Section {{isdaprov|4(a)(iii)}} by reason of material prejudice to its legal or commercial position. <br>
It is not required by any [[applicable law]], as modified by the practice of any relevant governmental revenue authority, of any {{isdaprov|Relevant Jurisdiction}} to make any deduction or withholding for or on account of any {{isdaprov|Tax}} from any payment (other than interest under Section {{gmslaprov|9(h)}} of this {{isdaprov|Agreement}}) to be made by it to the other party under this {{isdaprov|Agreement}}. In making this representation, it may rely on (i) the accuracy of any representations made by the other party pursuant to Section {{isdaprov|3(f)}} of this {{isdaprov|Agreement}}, (ii) the satisfaction of the agreement contained in Section {{isdaprov|4(a)(i)}} or {{isdaprov|4(a)(iii)}} of this {{isdaprov|Agreement}} and the accuracy and effectiveness of any document provided by the other party pursuant to Section {{isdaprov|4(a)(i)}} or {{isdaprov|4(a)(iii)}} of this {{isdaprov|Agreement}} and (iii) the satisfaction of the agreement of the other party contained in Section {{isdaprov|4(d)}} of this {{isdaprov|Agreement}}, except that it will not be a breach of this representation where reliance is placed on clause (ii) above and the other party does not deliver a form or document under Section {{isdaprov|4(a)(iii)}} by reason of material prejudice to its legal or commercial position. <br>