Template:ISDA Master Agreement 2002 Indemnifiable Tax: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
(Created page with "“'''{{isdaprov|Indemnifiable Tax}}'''” means any {{isdaprov|Tax}} other than a {{isdaprov|Tax}} that would not be imposed in respect of a payment under this <br>{{isdaprov...")
 
No edit summary
Line 1: Line 1:
“'''{{isdaprov|Indemnifiable Tax}}'''” means any {{isdaprov|Tax}} other than a {{isdaprov|Tax}} that would not be imposed in respect of a payment under this <br>{{isdaprov|Agreement}} but for a present or former connection between the jurisdiction of the government or taxation authority <br>imposing such {{isdaprov|Tax}} and the recipient of such payment or a person related to such recipient (including, without <br>limitation, a connection arising from such recipient or related person being or having been a citizen or resident of <br>such jurisdiction, or being or having been organised, present or engaged in a trade or business in such jurisdiction, or <br>having or having had a permanent establishment or fixed place of business in such jurisdiction, but excluding a <br>connection arising solely from such recipient or related person having executed, delivered, performed its obligations <br>or received a payment under, or enforced, this {{isdaprov|Agreement}} or a {{isdaprov|Credit Support Document}}). <br>
“'''{{isdaprov|Indemnifiable Tax}}'''” means any {{isdaprov|Tax}} '''other than''' a {{isdaprov|Tax}} that '''would not''' be imposed in respect of a payment under this {{isdaprov|Agreement}} '''but for''' a present or former connection between the jurisdiction of the government or taxation authority imposing such {{isdaprov|Tax}} and the recipient of such payment or a person related to such recipient (including, without limitation, a connection arising from such recipient or related person being or having been a citizen or resident of such jurisdiction, or being or having been organised, present or engaged in a trade or business in such jurisdiction, or having or having had a permanent establishment or fixed place of business in such jurisdiction, '''but excluding''' a connection arising solely from such recipient or related person having executed, delivered, performed its obligations or received a payment under, or enforced, this {{isdaprov|Agreement}} or a {{isdaprov|Credit Support Document}}).

Revision as of 15:16, 31 October 2016

“Indemnifiable Tax” means any Tax other than a Tax that would not be imposed in respect of a payment under this Agreement but for a present or former connection between the jurisdiction of the government or taxation authority imposing such Tax and the recipient of such payment or a person related to such recipient (including, without limitation, a connection arising from such recipient or related person being or having been a citizen or resident of such jurisdiction, or being or having been organised, present or engaged in a trade or business in such jurisdiction, or having or having had a permanent establishment or fixed place of business in such jurisdiction, but excluding a connection arising solely from such recipient or related person having executed, delivered, performed its obligations or received a payment under, or enforced, this Agreement or a Credit Support Document).

Retrieved from "https://jollycontrarian.com/index.php?title=Template:ISDA_Master_Agreement_2002_Indemnifiable_Tax&oldid=13595"