United Kingdom Tax Matters. (a) The provisions of this Section 5.12 shall only apply in respect of any UK Borrower or any other Borrower to the extent only that it makes a payment of interest that is treated as having a UK source for UK tax purposes (a “Relevant Borrower”), and in respect of any such UK Borrower the provisions of Sections 5.9, 5.10 and 5.11 shall not apply.
Appears in 3 contracts
Samples: Guaranty and Security Agreement, Term Loan, Guaranty and Security Agreement (Turtle Beach Corp), Guaranty and Security Agreement (Turtle Beach Corp)
United Kingdom Tax Matters. (a) The provisions of this Section 5.12 1.7 shall only apply in respect of any the UK Borrower or any other Borrower to the extent only that it makes a payment of interest that is treated as having a UK source for UK tax purposes (a “Relevant Borrower”), and in respect of any such UK Borrower the provisions of Sections 5.9, 5.10 and 5.11 shall not apply.
Appears in 3 contracts
Samples: Credit Agreement (Genesco Inc), Credit Agreement (Genesco Inc), Credit Agreement (Genesco Inc)
United Kingdom Tax Matters. (aA) The provisions of this Section 5.12 14.4(c) shall only apply in respect of the U.K. Borrower under any UK Borrower or any other Borrower to the extent only that it makes a payment of interest that is treated as having a UK source for UK tax purposes Credit Document (a “Relevant Borrower”), and in respect of ) to any such UK Borrower the provisions of Sections 5.9, 5.10 and 5.11 shall not applyLender.
Appears in 2 contracts
Samples: Credit Agreement (Avaya Holdings Corp.), Abl Security Agreement (Avaya Holdings Corp.)
United Kingdom Tax Matters. (a) The provisions of this Section 5.12 shall only apply in respect of any UK Borrower or any other Borrower to the extent only that it makes a payment of interest that is treated as having a UK source for UK tax purposes (a “Relevant Borrower”), and in respect of any such UK Borrower the provisions of Sections 5.9, 5.10 and 5.11 shall not apply.
Appears in 2 contracts
Samples: Loan, Guaranty and Security Agreement (Turtle Beach Corp), Loan, Guaranty and Security Agreement (Parametric Sound Corp)
United Kingdom Tax Matters. (a) The provisions of this Section 5.12 1.04 shall apply only apply in respect of any UK Borrower or any other Borrower to the extent only that it makes a payment of interest that is treated as having a UK source for UK tax purposes (a “Relevant Borrower”), ) and only in respect of any such UK Borrower the provisions of Sections 5.9, 5.10 and 5.11 shall not applyLiabilities.
Appears in 1 contract
Samples: Abl Credit Agreement (Lands End Inc)
