Exhibit 99.(a)(xvii)(4)
| QH-430110 | ![]() |
THE TAX CONCESSIONS LAW
UNDERTAKING AS TO TAX CONCESSIONS
In accordance with the Tax Concessions Law the following undertaking is hereby given to
Nicholas Silver Income Cayman Subsidiary “the Company”
| (a) | That no Law which is hereafter enacted in the Islands imposing any tax to be levied on profits, income, gains or appreciations shall apply to the Company or its operations; and |
| (b) | In addition, that no tax to be levied on profits, income, gains or appreciations or which is in the nature of estate duty or inheritance tax shall be payable |
| (i) | on or in respect of the shares debentures or other obligations of the Company; or |
| (ii) | by way of the withholding in whole or in part of any relevant payment as defined in the Tax Concessions Law. |
These concessions shall be for a period of TWENTY years from the 19th day of January 2026.
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| CLERK OF THE CABINET |
Authentication Number: 601696118582