Documentary Stamp Tax. The Company shall have paid any documentary stamp tax payable in connection with the issuance of the Note.
Documentary Stamp Tax. (i) The DST on the transfer of the Sale Shares shall be for the account of the Purchasers. The Seller shall arrange the payment thereof upon receipt of separate manager’s checks from each of the Purchasers in the amounts of the DST on the Sale Shares of each of the Purchasers.
Documentary Stamp Tax. Borrower hereby agrees to defend, indemnify, and hold Lender harmless from and against any and all liability for mortgage tax, documentary stamp taxes or intangible taxes (together with all interest, penalties, costs, and attorneys' fees incurred in connection therewith) that at any time may be levied, assessed, or imposed by any jurisdiction in which the Property lies or any other governmental entity or agency (i) upon the Note, the Mortgage, or any of the other Loan Documents, (ii) upon any promissory note, mortgage or other document that was amended, extended or renewed by the Note, the Mortgage or any of the other Loan Documents, (iii) upon any amendment, extension, or renewal of any of the foregoing, or (iv) upon Lender by virtue of owning or holding any of the foregoing instruments or documents; all of which shall be secured by the lien and security interest of the Loan Documents. The provisions of this Section shall survive the repayment of the Note and the satisfaction of the Mortgage and the other Loan Documents for so long as any claim may be asserted by the State of Florida or any such other governmental entity or agency.
Documentary Stamp Tax. Documentary stamps in the amount required by Florida Law have been purchased and affixed to the Mortgage. This Agreement May be Executed in Counter-Parts. [Signatures Follow] BORROWER: Xxxxx App 2 LLC - [●], a Delaware series limited liability company By: [●]
Documentary Stamp Tax. The Borrower agrees to defend, indemnify and hold the Lender harmless from and against any and all liability for documentary excise taxes and intangible taxes (together with all interest, penalties, costs and reasonable attorneys’ fees incurred in connection therewith) that at any time may be levied, assessed or imposed by the State of Florida or any other governmental authority (a) upon the Note, this Agreement or any of the other Loan Documents, (b) upon any amendment, extension or renewal of any of the foregoing, or (c) upon the Lender by virtue of owning or holding any of the foregoing documents or instruments; all of which shall be secured by the security interest or other Lien granted by this Agreement. The provisions of this section survive the repayment of the Note and the termination of this Agreement or any of the other Loan Documents for so long as any claim may be asserted by the State of Florida or any other governmental authority.
Documentary Stamp Tax. Borrower hereby agrees to defend, indemnify, and hold the Bank harmless from and against any and all documentary stamp taxes (together with all interest, penalties, costs, and attorneys’ fees incurred in connection therewith) that may be at any time levied, assessed, or imposed by the State of Florida or any other governmental entity or agency upon the Note, Loan documents, this Agreement, or any amendment, extension, or renewal of any of the foregoing, or upon the Bank by virtue of owning, holding or being a party to any of the foregoing instruments or documents. The provisions of this Section shall survive the repayment of the Loan for so long as any claim may be asserted by the State of Florida or any such other governmental entity or agency. This Term Loan Agreement is entered into between us for the uses and purposes hereinabove set forth as of the date first above written. “BORROWER” BT-XXXXX TRANSPORT LLC, a Florida limited liability company By: /s/ Xxxxxxx X Xxxxx Name: Xxxxxxx X Xxxxx Title: Sole Manager XXXXX TRANSPORT, INC., a Florida corporation By: /s/ Xxxxxxx X Xxxxx Name: Xxxxxxx X Xxxxx Title: Sole Director XXXXX LOGISTICS, INC., a Florida corporation By: /s/ Xxxxxxx X Xxxxx Name: Xxxxxxx X Xxxxx Title: Sole Director XXXXX COLD STORAGE, INC., a Florida corporation By: /s/ Xxxxxxx X Xxxxx Name: Xxxxxxx X Xxxxx Title: Sole Director “BANK” SUNSHINE BANK, a federally chartered savings bank By: /s/ Xxxxx X Xxxxxxxxxxx Name: Xxxxx X Xxxxxxxxxxx Title: Vice President Approved by Guarantors: LAKE AVENUE SOUTH EAST REAL ESTATE LLC, a Florida limited liability company By: /s/ Xxxxxxx X Xxxxx Name: Xxxxxxx X Xxxxx Title: Sole Manager /s/ XXXXXXX XXXXXXXXX XXXXXXX XXXXXXXXX /s/ XXXXXXX XXXXX XXXXXXX XXXXX
Documentary Stamp Tax. The Borrower shall indemnify and hold the Lenders and the Administrative Agent harmless from and against payment of any and all documentary stamp tax due to the State of Florida, or any department or agency thereof, in connection with this Agreement and/or the other Loan Documents, together with all interest, fines, penalties, costs or other changes theron, regardless of when, or the party against whom, the same may be assessed or imposed. THE ADMINISTRATIVE AGENT
Documentary Stamp Tax. There shall be delivered by Borrower in favor of Lenders an indemnity against documentary stamp or other taxes, and appropriate affidavits of execution.
Documentary Stamp Tax. An assignment of a mortgage by a lender to a new lender who has purchased the note and mortgage and becomes the holder of the note and mortgage is not taxable; provided, however, that where the assignment of a mortgage is given as collateral security for a new loan, it is a taxable mortgage when recorded in Florida. Since the contribution of Collateral Obligations by Parent to FI is in the nature of a transfer for consideration of receivables, which is not a transfer of real property under s. 201.02, F.S., and is not a transfer of collateral security for a new loan, the transfer will be exempt from documentary stamp tax. Nonrecurring Intangible Tax No additional nonrecurring intangible tax will be due upon the transfer and assignment by Parent to FI of the Florida Collateral Obligations, because a nonrecurring tax previously has been paid. No nonrecurring intangible tax will be due upon the transfer and assignment of the non- Florida Collateral Obligations, because such obligations will not be secured by a mortgage, deed of trust, or other lien upon Florida real property.
Documentary Stamp Tax. It is the position of Borrowers and Lender that neither documentary stamp tax nor intangible tax is due to the State of Florida with respect to this Amendment, this Amendment made in connection with an international banking transaction as defined in Section 199.023(11) Florida Statutes. However, in the event the State of Florida does require documentary stamp or intangible taxes to be paid as a result of this Amendment, Borrowers shall pay them, including any interest or penalties imposed in connection with them, and shall, jointly and severally, indemnify and hold Lender harmless from and against any liability (including interest and penalties) Lender may incur in connection with them. In general, Borrowers shall pay (or, if appropriate, reimburse) Lender on demand the amount of any and all attorneys' fees, documentary stamp tax, intangible tax and other costs and expenses relating to this Amendment and the transactions contemplated hereby and hereby authorize Lender to make one or more Advances to pay any such costs and expenses or to deduct the amount thereof from any requested Advance or account of any Borrower with Lender.
