Second Tier Taxes definition
Second Tier Taxes shall have the meaning provided in Section 3.03(a).
Examples of Second Tier Taxes in a sentence
If any Excluded Taxes are payable in respect of Covered Taxes pursuant to the preceding sentence, Borrower or such Obligor agrees to reimburse Lender, within thirty (30) days of the date of the written request of Lender, for such Excluded Taxes ("Second Tier Taxes").
The written request referred to in the preceding sentence shall certify and set forth in reasonable detail the calculation of the payment and specify the type of such Second Tier Taxes.