Common use of Tax Indemnity Clause in Contracts

Tax Indemnity. (a) The Borrower shall (within three (3) Business Days of demand by the Lender) pay to the Lender an amount equal to the loss, liability or cost which the Lender determines will be or has been (directly or indirectly) suffered for or on account of Tax by the Lender in respect of a Finance Document.

Appears in 4 contracts

Samples: Agreement (Wisekey International Holding S.A.), Facility Agreement, Convertible Loan Agreement (Wisekey International Holding S.A.)

AutoNDA by SimpleDocs

Tax Indemnity. (a) The Borrower shall (within three (3) Business Days of demand by the Lender) pay to the Lender an amount equal to the loss, liability or cost which the Lender determines will be or has been (directly or indirectly) suffered for or on account of Tax by the Lender in respect of a Finance Document.

Appears in 3 contracts

Samples: Facility Agreement, Agreement, Behringer Harvard Opportunity REIT I, Inc.

Tax Indemnity. (a) The Borrower Each Obligor shall (within three (3) Business Days of demand by the Lender) pay to the Lender an amount equal to the loss, liability or cost which the Lender determines will be or has been (directly or indirectly) suffered for or on account of Tax by the Lender in respect of a Finance Document.

Appears in 3 contracts

Samples: Agreement (Freeseas Inc.), Agreement (FreeSeas Inc.), Agreement (FreeSeas Inc.)

Tax Indemnity. (a) The Borrower Obligors shall (within three (3) Business Days of demand by the Lender) pay to the Lender an amount equal to the loss, liability or cost which the Lender determines will be or has been (directly or indirectly) suffered for or on account of Tax by the Lender in respect of a Finance Document.

Appears in 3 contracts

Samples: Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Castor Maritime Inc.), Facility Agreement (Seanergy Maritime Holdings Corp.)

Tax Indemnity. (a) The Borrower Obligors shall (within three (3) Business Days of demand by the Lender) pay to the Lender an amount equal to the loss, liability or cost which the Lender determines will be or has been (directly or indirectly) suffered for or on account of Tax by the Lender in respect of a Finance Document.

Appears in 3 contracts

Samples: Agreement (Grindrod Shipping Holdings Ltd.), Agreement (Grindrod Shipping Holdings Ltd.), Loan Facility Agreement (DHT Holdings, Inc.)

Tax Indemnity. (aA) The Borrower Relevant Borrowers shall (within three (3) Business Days of demand by the LenderAdministrative Agent) pay to the a Lender an amount equal to the loss, liability or cost which the that Lender determines will be or has been (directly or indirectly) suffered for or on account of Tax Taxes by the that Lender in respect of a Finance Loan Document.

Appears in 2 contracts

Samples: Credit Agreement (Cdi Corp), Credit Agreement (Cdi Corp)

Tax Indemnity. (a) The Borrower shall (shall, within three (3) Business Days of demand (or such other period as agreed by the Lender) Lender and the Borrower), pay to the Lender an amount equal to the loss, liability or cost which the Lender determines will be or has been (directly or indirectly) suffered for or on account of Tax by the Lender it in respect of a Finance Document.

Appears in 2 contracts

Samples: Facility Agreement (China Security & Surveillance Technology, Inc.), Facility Agreement (China Security & Surveillance Technology, Inc.)

Tax Indemnity. (a) The Borrower shall (within three (3) Business Days of demand by the Lender) pay to the Lender an amount equal to the loss, liability or cost which the Lender determines determine will be or has been (directly or indirectly) suffered for or on account of Tax by the Lender in respect of any payment received under a Finance Document.

Appears in 2 contracts

Samples: Credit Agreement (PowerFleet, Inc.), Credit Agreement (Id Systems Inc)

Tax Indemnity. (a) The Borrower Company shall (within three (3) Business Days of written demand by the Lender) pay to the Lender an amount equal to the loss, liability or cost which the Lender determines will be or has been (directly or indirectly) suffered for or on account of Tax by the Lender in respect of a Finance Document.

Appears in 2 contracts

Samples: Facility Agreement (Ener1 Inc), Facility Agreement (Ener1 Inc)

Tax Indemnity. (a) The Borrower Borrowers shall (within three (3) ten Business Days of demand by the LenderIssuing Bank) pay to the Lender Issuing Bank an amount equal to the loss, liability or cost which the Lender Issuing Bank determines will be or has been (directly or indirectly) suffered for or on account of Tax by the Lender Issuing Bank in respect of a Finance Document.

Appears in 2 contracts

Samples: First Amendment Agreement (Aspen Insurance Holdings LTD), Multicurrency Letter of Credit Facility Agreement (Aspen Insurance Holdings LTD)

Tax Indemnity. (a) The Borrower shall (within three (3) 10 Business Days of demand by the Lender) pay to the Lender an amount equal to the loss, liability or cost which the Lender determines will be or has been (directly or indirectly) suffered for or on account of Tax by the Lender in respect of a Finance Document.

Appears in 2 contracts

Samples: Facility Agreement (SK Ecoplant Co., Ltd.), Facility Agreement (SK Ecoplant Co., Ltd.)

Tax Indemnity. (ai) The Borrower Company shall (within three (3) Business Days of demand by the LenderAgent) pay to the a Lender an amount equal to the loss, liability or cost which the that Lender determines will be or has been (directly or indirectly) suffered for or on account of Tax Taxes by the that Lender in respect of a Finance Loan Document.

Appears in 2 contracts

Samples: Credit Agreement (YCC Holdings LLC), Credit Agreement (Pregis Holding II CORP)

Tax Indemnity. (a) The Borrower Borrowers shall (within three (3) Business Days of demand by the Lender) ), on a joint and several basis, pay to the Lender an amount equal to the loss, liability or cost amount of the Tax which the Lender determines will be or has been (directly or indirectly) suffered for or imposed on account of Tax by the such Lender in respect of a payment under a Finance Document or the transactions occurring under such Finance Document.

Appears in 1 contract

Samples: Facility Agreement (Westway Group, Inc.)

Tax Indemnity. (a) The Borrower Borrowers shall (within three (3) five Business Days of demand by the LenderIssuing Bank) pay to the Lender Issuing Bank an amount equal to the loss, liability or cost which the Lender Issuing Bank determines will be or has been (directly or indirectly) suffered for or on account of Tax by the Lender Issuing Bank in respect of a Finance Document.

Appears in 1 contract

Samples: Letter of Credit Facility Agreement (Tower Group International, Ltd.)

AutoNDA by SimpleDocs

Tax Indemnity. (a) 8.3.1 The Borrower shall (within three (3) Business Days of demand by the LenderLenders) pay to the Lender Lenders an amount equal to the loss, liability or cost which the Lender Lenders determines will be or has been (directly or indirectly) suffered for or on account of Tax by the Lender Lenders in respect of a Finance Document.

Appears in 1 contract

Samples: Term Loan Facility Agreement (Far East Energy Corp)

Tax Indemnity. (a) The Borrower shall (within three (3) Business Days of demand by the Lender) pay to the Lender an amount equal to the loss, liability or cost which the Lender determines (acting in good faith) will be or has been (directly or indirectly) suffered for or on account of Tax by the Lender it in respect of a Finance Document.

Appears in 1 contract

Samples: Bridge Facility Agreement (SBS Broadcasting S A)

Tax Indemnity. (a) The Borrower shall (within three (3) Business Days of demand by the Lender) pay to the Lender an amount equal to the loss, liability or cost which the Lender determines will be or has been (directly or indirectly) suffered for or on account of any Tax by the Lender in respect of a Finance Document, save for any Tax on Overall Net Income assessed on the Lender or to the extent such loss, liability or cost is compensated under Clause 12.1 (Tax gross-up).

Appears in 1 contract

Samples: B Plus H Ocean Carriers LTD

Tax Indemnity. (a) The Borrower shall shall, within 3 (within three (3three) Business Days of demand by the Lender) , pay to the Lender an amount equal to the loss, liability or cost which the Lender determines will be or has been (directly or indirectly) suffered for or on account of Tax by the Lender in respect of a Finance Document.

Appears in 1 contract

Samples: Credit Facility Agreement (Foundation Medicine, Inc.)

Tax Indemnity. (a) The Borrower 12.3.1 An Obligor shall (within three (3) Business Days of demand by the Lender) pay to the Lender an amount equal to the loss, liability or cost which the Lender determines will be or has been (directly or indirectly) suffered for or on account of Tax by the Lender in respect of a Finance Document.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Gold Fields LTD)

Tax Indemnity. (a) The Borrower shall (within Within three (3) Business Days of demand by a Lender, the Lender) Borrower shall pay to the that Lender an amount equal to the loss, liability or cost which that the Lender determines will be or has been (that they have directly or indirectly) suffered for indirectly suffered, or on account of will directly or indirectly suffer, in relation to Tax by the Lender in respect of amounts payable to it under a Finance Document.

Appears in 1 contract

Samples: Facility Agreement (GAN LTD)

Tax Indemnity. (a) The Relevant Borrower shall (within three (3) Business Days of demand by the LenderAgent) pay to the Lender an amount equal to the loss, liability or cost which the that Lender determines will be or has been (directly or indirectly) suffered for or on account of Tax by the that Lender in respect of a Finance Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Ciber Inc)

Tax Indemnity. (a) The Borrower shall (within three (3) Business Days of demand by the Lender) pay to the Lender an amount equal to the loss, liability or cost which the Lender determines will be or has been (directly or indirectly) suffered for or on account of Tax by the Lender it in respect of a Finance Document.

Appears in 1 contract

Samples: Senior Facilities Agreement (Asanko Gold Inc.)

Tax Indemnity. (a) The Borrower shall (shall, within three (3) Business Days of demand by the Lender) demand, pay to the Lender an amount equal to the loss, liability or cost which the Lender determines will be or has been (directly or indirectly) suffered for or on account of Tax by the Lender it in respect of a Finance Documentthis Agreement.

Appears in 1 contract

Samples: Loan Agreement (Mylan N.V.)

Time is Money Join Law Insider Premium to draft better contracts faster.