Description

This AI field captures a borrower's requirements to gross up any amounts owing to the lenders to compensate for any withholding taxes that are withheld on amounts payable under an agreement, so that the lender receives an amount equal to the payment it would have received if no tax withholding had been required.


Jurisdiction

  • Australia
  • Canada (Alberta, and Ontario)
  • United Kingdom (England)
  • United States (Illinois, and New York)

Document Types

  • 80% Debt Related Agt
  • 20% Debt Supplemental Agt

Tags

  • Credit/Facility Agreements

Language

  • 100% English