Definition of Tax Payment

  1. Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).

Examples of Tax Payment in a sentence

  1. If an Obligor makes a Tax Payment and the relevant Finance Party determines that:
  2. Amendment to Section 5.9.1(a) (Payments Free of Taxes; Obligation to Withhold; Tax Payment.
  3. Return of Reduced Excise Tax Payment or Payment of Additional Excise Tax.

Definition of Tax Payment in Facility Agreement

Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).


Definition of Tax Payment in Senior Note

Tax Payment means either the increase in a payment made by the Borrower to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).


Definition of Tax Payment in Facilities Agreement

Tax Payment means an increased payment made by the Company to a Finance Party under Clause 10.3(d) (Tax Gross-Up) or a payment made under Clause 10.4(a) (Tax Indemnity);