Grossing-up for taxes. If a Security Party is required by law to make a tax deduction from any payment:
Appears in 27 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Credit Agreement (Scorpio Bulkers Inc.)
Grossing-up for taxes. If a Security Party or the Agent is required by law to make a tax deduction from any payment:
Appears in 1 contract
Samples: Second Lien Loan Agreement (Eagle Bulk Shipping Inc.)