Covered Taxes. All Covered Taxes in respect of this Guaranty or any amounts payable or paid under this Guaranty shall be paid by Guarantor when due and in any event prior to the date on which penalties attach thereto. Each Guarantor will indemnify Agent and each of the Lenders against and in respect of all such Covered Taxes. Without limiting the generality of the foregoing, if any Covered Taxes or amounts in respect thereof must be deducted or withheld from any amounts payable or paid by any Guarantor hereunder, such Guarantor shall pay such additional amounts as may be necessary to ensure that Agent and each of the Lenders receives a net amount equal to the full amount which it would have received had payment (including of any additional amounts payable under this Section 16.2) not been made subject to such Covered Taxes. Within thirty (30) days of each payment by any Guarantor hereunder of Covered Taxes or in respect of Covered Taxes, such Guarantor shall deliver to Agent satisfactory evidence (including originals, or certified copies, of all relevant receipts) that such Covered Taxes have been duly remitted to the appropriate authority or authorities.
Covered Taxes. The Borrower agrees that, whether or not any Loan is made hereunder:
Covered Taxes. See Section 6.3.1.
Covered Taxes. See Section 2.13(a) Cumulative Excess Cash Flow. On any date of determination, the Excess Cash Flow of the Borrower Affiliated Group for the period commencing on November 2, 2003 and ending on the last day of the most recently completed fiscal quarter of the Borrower.
Covered Taxes. (a)Any and all payments by or on account of any obligation of the Borrower under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by Applicable Law. If the Borrower shall be required by Applicable Law to withhold or deduct any Taxes from or in respect of any such sum payable to or for the benefit of the Administrative Agent or any Lender, then the Borrower shall be entitled to make such deduction or withholding and shall timely pay the full amount deducted or withheld to the relevant taxing authority or other Governmental Authority in accordance with Applicable Law and, if such Tax is a Covered Tax imposed by a Taxing Jurisdiction, then the sum payable by the Borrower shall be increased as necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 4.01) such Lender or the Administrative Agent receives an amount equal to the sum it would have received had no such deductions been made. Each Lender agrees and covenants that it will fill the blank spaces left in any Note in accordance with the corresponding Instructions Letter. For the avoidance of doubt, neither the Lenders nor the Administrative Agent will claim a higher amount under the Note for deduction or withholding for any taxes other than Covered Taxes. For Colombian income tax purposes, the Borrower represents that this Credit Agreement is deemed as public foreign indebtedness.
Covered Taxes. See Section 2.14(a)
Covered Taxes. The Borrower agrees that:
Covered Taxes. The Borrower agrees that, whether or not any Bank Senior Loan is made under this Agreement:
Covered Taxes. See Section 2.14(a) Default. An event or condition that, but for the requirement that time elapse or notice be given, or both, would constitute an Event of Default.
Covered Taxes. See Section 6.3.1. Credit Agreement. See the introductory paragraph to this Credit Agreement. Credit Enhancer. A credit enhancer, other than Xxxxxxx Mac, in a Future Bond Transaction that satisfies one of the following criteria: any finance company or financial institution, any insurance company, or any other Person, of recognized standing in the business of providing credit enhancement in securitizations, (i) having capital and surplus in excess of $500,000,000; or (ii) whose short-term commercial paper rating carries an Acceptable Rating with maturities of not more than 364 days from the date of acquisition.
