Common use of Exclusion of Clause in Contracts

Exclusion of. tax on overall net income. In this Clause 21 “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on the Lender’s overall net income.

Appears in 5 contracts

Samples: Loan Agreement (Box Ships Inc.), Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)

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Exclusion of. tax on overall net income. In this Clause 21 “22 "tax deduction" means any deduction or withholding for or on account of any present or future tax except tax on the Lender’s a Creditor Party's overall net income.

Appears in 2 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (EuroDry Ltd.)

Exclusion of. tax on overall net incomeIncome. In this Clause 21 “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on the Lender’s overall net income.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Exclusion of. tax on overall net income. In this Clause 21 14 “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on the Lenderany Creditor Party’s overall net income.

Appears in 1 contract

Samples: Loan Agreement (EuroDry Ltd.)

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Exclusion of. tax on overall net income. 22.4 In this Clause 21 “22 "tax deduction" means any deduction or withholding for or on account of any present or future tax except tax on the Lender’s a Creditor Party's overall net income.

Appears in 1 contract

Samples: Loan Agreement (Box Ships Inc.)

Exclusion of. tax on overall net income. income In this Clause 21 “20.4, "tax deduction" means any deduction or withholding for or on account of any present or future tax except tax on the Lender’s 's overall net income, other than a FATCA Deduction.

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

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