Common use of Documentary Stamps Clause in Contracts

Documentary Stamps. The Debtor shall pay all documentary stamps, intangible tax, as well as all other taxes and penalties due on any notes evidencing any of the Liabilities and the Debtor further agrees to indemnify and hold Secured Creditor harmless from and against any and all such documentary stamps, intangible taxes and penalties.

Appears in 2 contracts

Sources: Asset Purchase Agreement (SCP Pool Corp), Security Agreement (Airways Corp)

Documentary Stamps. The Debtor Borrower shall pay all documentary stamps, intangible tax, as well as all other taxes and penalties due on any notes evidencing any of the Liabilities and the Debtor Borrower further agrees to indemnify and hold Secured Creditor Lender harmless from and against any and all such documentary stamps, intangible taxes and penalties.

Appears in 1 contract

Sources: Revolving Line of Credit Loan and Security Agreement (Action Products International Inc)

Documentary Stamps. The Debtor Borrower shall pay all documentary stamps, intangible tax, as well as all and other taxes and penalties due on any notes evidencing any of the Liabilities and the Debtor Borrower further agrees to indemnify and hold Secured Creditor Administrative Agent and the Lenders harmless from and against any and all such documentary stamps, intangible taxes and penalties.

Appears in 1 contract

Sources: Senior Secured Revolving Credit Agreement (Able Telcom Holding Corp)

Documentary Stamps. The Debtor shall pay all documentary stamps, ------------------ intangible tax, as well as all other taxes and penalties due on any notes evidencing any of the Liabilities and the Debtor further agrees to indemnify and hold Secured Creditor harmless from and against any and all such documentary stamps, intangible taxes and penalties.

Appears in 1 contract

Sources: Loan Agreement (Audio Communications Network Inc)