Common use of Stamp or Other Tax Clause in Contracts

Stamp or Other Tax. Should any stamp or excise tax become payable in respect of this Agreement, any Note, any other Loan Document, the Lender Debt, the Collateral or any modification hereof or thereof, each of the Credit Parties shall pay, the liability of which is joint and several, the same (including interest and penalties, if any) and shall hold the Lenders and the Agent harmless with respect thereto.

Appears in 3 contracts

Samples: Credit Agreement (Finlay Fine Jewelry Corp), Credit Agreement (Finlay Enterprises Inc /De), Loan Agreement (Homeland Holding Corp)

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Stamp or Other Tax. Should any stamp or excise tax become payable in respect of this Agreement, any Note, any other Loan Document, the Lender Debt, the Collateral Obligations or any modification hereof or thereof, each of the Credit Parties shall payon a joint and several basis, the liability of which is joint and several, Borrower shall pay the same (including interest and penalties, if any) and shall hold the Lenders and the Agent Bank harmless with respect thereto.

Appears in 1 contract

Samples: Loan Agreement (Hampshire Group LTD)

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