Common use of Payment of Other Taxes by the Borrower Clause in Contracts

Payment of Other Taxes by the Borrower. Without limiting the provisions of subsection (a) above, the Borrower shall timely pay any Other Taxes that arise from any payment made by it under any Loan Document to the relevant Governmental Authority in accordance with applicable law. Each Lender shall notify the Borrower on or before the Closing Date of any Other Taxes that to its knowledge are imposed with respect to any Loan Document by the jurisdiction in which such Lender is organized or in which its applicable lending office is located.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Legg Mason Inc), Credit Agreement (Legg Mason Inc), Year Revolving Credit Agreement (Legg Mason Inc)

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Payment of Other Taxes by the Borrower. Without limiting the provisions of subsection (a) above, the Borrower shall timely pay any Other Taxes that arise arising from any payment payments required to be made by it under hereunder or from its execution and delivery of, or performance by it of, or otherwise with respect to its obligations under, any Loan Document to which it is a party and imposed thereon under applicable Law to the relevant Governmental Authority in accordance with applicable law. Each Lender shall notify the Borrower on or before the Closing Date of any Other Taxes that to its knowledge are imposed with respect to any Loan Document by the jurisdiction in which such Lender is organized or in which its applicable lending office is locatedLaws.

Appears in 4 contracts

Samples: Credit Agreement (Paa Natural Gas Storage Lp), Assignment and Assumption (Plains Gp Holdings Lp), Assignment and Assumption

Payment of Other Taxes by the Borrower. Without limiting the provisions of subsection (a) aboveabove and without duplication of subsection (c) below, the Borrower shall timely pay any Other Taxes that arise from any payment made by it under any Loan Document to the relevant Governmental Authority in accordance with applicable law. Each Lender shall notify the Borrower on or before the Closing Date of any Other Taxes that to its knowledge are imposed with respect to any Loan Document by the jurisdiction in which such Lender is organized or in which its applicable lending office is located.

Appears in 1 contract

Samples: Credit Agreement (Legg Mason, Inc.)

Payment of Other Taxes by the Borrower. Without limiting the provisions of subsection (a) above, the Borrower shall timely pay any Other Taxes that arise arising from any payment payments required to be made by it under hereunder or from its execution and delivery of, or performance by it of, or otherwise with respect to its obligations under, any Loan Document to which it is party and imposed thereon under applicable Law to the relevant Governmental Authority in accordance with applicable law. Each Lender shall notify the Borrower on or before the Closing Date of any Other Taxes that to its knowledge are imposed with respect to any Loan Document by the jurisdiction in which such Lender is organized or in which its applicable lending office is locatedLaws.

Appears in 1 contract

Samples: Credit Agreement (Plains All American Pipeline Lp)

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Payment of Other Taxes by the Borrower. Without limiting the provisions of subsection (a) above, the Borrower shall timely pay any Other Taxes that arise from any payment made by it hereunder or under any Loan Document the Note to the relevant Governmental Authority in accordance with applicable law. Each The Lender shall notify the Borrower on or before the Closing Date of any Other Taxes that to its knowledge are imposed with respect to any Loan Document by the jurisdiction in which such the Lender is organized or in which its applicable lending office is located.

Appears in 1 contract

Samples: Revolving Credit Agreement (Legg Mason Inc)

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