Payments Free of Taxes; Obligation to Withhold; Tax Payment. (a) Any and all payments by any Obligor or on account of any Obligation under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by Applicable Law. If Applicable Law (as determined by Agent in its good faith discretion) requires the deduction or withholding of any Tax from any such payment by Agent or an Obligor, then Agent or such Obligor shall be entitled to make such deduction or withholding based on information and documentation provided pursuant to Section 5.10.
Appears in 6 contracts
Samples: Guaranty and Security Agreement (Turtle Beach Corp), Guaranty and Security Agreement, Term Loan, Guaranty and Security Agreement (Turtle Beach Corp)
Payments Free of Taxes; Obligation to Withhold; Tax Payment. (a) Any and all All payments of Obligations by any Obligor or on account of any Obligation under any Loan Document Obligors shall be made without deduction or withholding for any Taxes, except as required by Applicable Law. If Applicable Law (as determined by Agent in its good faith discretion) requires the deduction or withholding of any Tax from any such payment by Agent or an Obligor, then Agent or such Obligor shall be entitled to make such deduction or withholding based on withholding. The Agent or such Obligor, as applicable, may take into account any applicable information and documentation provided pursuant to Section 5.10.
Appears in 5 contracts
Samples: Loan and Security Agreement (Summer Infant, Inc.), Loan and Security Agreement (Summer Infant, Inc.), Loan and Security Agreement (Summer Infant, Inc.)
Payments Free of Taxes; Obligation to Withhold; Tax Payment. (a) Any and all payments of Obligations by any Obligor or on account of any Obligation under any Loan Document Obligors shall be made without deduction or withholding for of any Taxes, except as required by Applicable Law. If Applicable Law (as determined by Agent in its the good faith discretiondiscretion of an applicable Withholding Agent) requires the deduction or withholding of any Tax from any such payment by Agent or an Obligora Withholding Agent, then the applicable Withholding Agent or such Obligor shall be entitled to make such deduction or withholding based on information and documentation provided pursuant to Section 5.105.9.
Appears in 4 contracts
Samples: Credit Agreement (Calumet Specialty Products Partners, L.P.), Credit Agreement (Calumet Specialty Products Partners, L.P.), Credit Agreement (Calumet Specialty Products Partners, L.P.)
Payments Free of Taxes; Obligation to Withhold; Tax Payment. (a) Any and all payments by any Obligor or on account of any Obligation under any Loan Document Obligations by Obligors shall be made without deduction or withholding for any Taxes, except as required by Applicable Law. If Applicable Law (as determined by Agent in its the good faith discretiondiscretion of an applicable Withholding Agent) requires the deduction or withholding of any Tax from any such payment by Agent or an Obligora Withholding Agent, then the applicable Withholding Agent or such Obligor shall be entitled to make such deduction or withholding based on withholding, taking into account information and documentation provided pursuant to Section 5.105.9.
Appears in 3 contracts
Samples: Loan and Security Agreement (CSI Compressco LP), Loan and Security Agreement (CSI Compressco LP), Loan and Security Agreement (CSI Compressco LP)
Payments Free of Taxes; Obligation to Withhold; Tax Payment. (ac) Any and all payments by any Obligor or on account of any Obligation under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by Applicable Law. If Applicable Law (as determined by Agent in its good faith discretion) requires the deduction or withholding of any Tax from any such payment by Agent or an Obligor, then Agent or such Obligor shall be entitled to make such deduction or withholding based on information and documentation provided pursuant to Section 5.10.
Appears in 1 contract
Samples: Loan, Guaranty and Security Agreement (Parametric Sound Corp)
Payments Free of Taxes; Obligation to Withhold; Tax Payment. (a) Any and all All payments of Obligations by any Obligor or on account of any Obligation under any Loan Document Obligors shall be made without deduction or withholding for any Taxes, except as required by Applicable Law. If Applicable Law (as determined by Agent in its good faith discretion) requires the deduction or withholding of any Tax from any such payment by Agent or an Obligor, then Agent or such Obligor shall be entitled to make such deduction or withholding based on information and documentation provided pursuant to Section 5.10.
Appears in 1 contract
Payments Free of Taxes; Obligation to Withhold; Tax Payment. (a) Any and all payments by any Obligor or on account of any Obligation under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by Applicable Law. If Applicable Law (as determined by Agent in its good faith discretion) requires the deduction or withholding of any Tax from any such payment by Agent or an Obligor, then Agent or such Obligor shall be entitled to make such deduction or withholding based on information and documentation provided pursuant to Section 5.105.2.
Appears in 1 contract
Payments Free of Taxes; Obligation to Withhold; Tax Payment. (a) Any and all All payments by any Obligor or on account of any Obligation Obligations under any the Loan Document Documents by Obligors shall be made without deduction or withholding for any Taxes, except as required by Applicable Law. If Applicable Law (as determined by Agent or any Obligor in its good faith discretionfaith) requires the deduction or withholding of any Tax from any such payment by Agent or an Obligor, then Agent or such Obligor shall be entitled to make such deduction or withholding based on information and documentation provided pursuant to Section 5.105.9.
Appears in 1 contract
Samples: Loan, Security and Guaranty Agreement (Willbros Group, Inc.\NEW\)
Payments Free of Taxes; Obligation to Withhold; Tax Payment. (a) Any and all All payments of Obligations by any Obligor or on account of any Obligation under any Loan Document Obligors shall be made without deduction or withholding for any Taxes, except as required by Applicable Law. If Applicable Law (as determined by the Administrative Agent in its good faith discretion) requires the deduction or withholding of any Tax from any such payment by the Administrative Agent or an Obligor, then the Administrative Agent or such Obligor shall be entitled to make such deduction or withholding based on information and documentation provided pursuant to Section 5.10.
Appears in 1 contract
Payments Free of Taxes; Obligation to Withhold; Tax Payment. (a) Any and all payments by any Obligor or on account of any Obligation under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by Applicable Law. If any Applicable Law (as determined by Agent in its good faith discretion) requires the deduction or withholding of any Tax from any such payment by Agent or an Obligor, then Agent or such Obligor shall be entitled to make such deduction or withholding based on information and documentation provided pursuant to Section 5.10.
Appears in 1 contract
