Indemnified Tax definition

Indemnified Tax means (a) any Tax, other than an Excluded Tax, imposed on or with respect to any payment made by or on account of any obligation of the Borrower under any Loan Document and (b) to the extent not otherwise described in clause (a), Other Taxes.

Indemnified Tax means (a) any Tax other than an Excluded Tax and (b) to the extent not otherwise described in clause (a), Other Taxes.

Indemnified Tax means (a) Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by or on account of any obligation of a Credit Party under any Loan Document and (b) to the extent not otherwise described in clause (a), Other Taxes.

Examples of Indemnified Tax in a sentence

• If it is determined that the Indemnified Tax was not correctly or legally imposed or asserted by the relevant Governmental Authority, Project Co or Contractor, as the case may be, shall reimburse Hospital for any such Indemnified Tax paid by it pursuant to this indemnity within a reasonable time after demand therefor from Hospital, together with evidence reasonably satisfactory to Project Co confirming that such Indemnified Tax was not correctly or legally imposed or asserted.

• In addition, if any Taxes or amounts in respect of Taxes must be deducted from any amounts payable by a Seller under this Agreement and such Tax is an Indemnified Tax, such Seller shall pay such additional amounts as may be necessary to ensure that the Administrative Agent and the Purchasers receive a net amount equal to the full amount which the Administrative Agent and the Purchasers would have received had payment not been made subject to deduction of Tax by such Seller.

• Each of Project Co and Contractor agrees to use its reasonable efforts to give notice to Hospital of the assertion of any claim against Project Co or Contractor, as applicable, relating to such Indemnified Tax reasonably promptly.

• Borrower will furnish to Agent as promptly as possible after the date the payment of any Indemnified Tax is due pursuant to applicable law, the original or certified copy of any Tax receipt issued by the applicable Governmental Authority evidencing such payment by Borrower.

• Borrowers will furnish to Agent as promptly as possible after the date the payment of any Indemnified Tax is due pursuant to applicable law, certified copies of tax receipts evidencing such payment by Borrowers.

More Definitions of Indemnified Tax

Indemnified Tax shall have the meaning specified in Section 2.4(b).

Indemnified Tax has the meaning assigned to such term in Section 3.03(a).

Indemnified Tax means (a) any Tax other than an Excluded Tax imposed on or with respect to any payment made by or on account of any obligation of any Credit Party under any Loan Document and (b) to the extent not otherwise described in clause (a), Other Taxes.

Indemnified Tax means any Tax other than an Excluded Tax.

Indemnified Tax as to any Person, any Tax, except (i) a Tax on the --------------- Income imposed on such Person and (ii) any interest, fees or penalties for late payment imposed on such Person, in each case to the extent not attributable to the failure of the Borrower or any of its Subsidiaries to obtain any necessary approvals or consents of, or file or cause to be filed any reports, applications, documents, instruments or information required to be filed pursuant to any applicable law, rule, regulation or request of, any Governmental Authority.

Indemnified Tax as defined in Section 3.10(a).

Indemnified Tax as to any Person, any Tax, except (i) an Excluded Tax imposed on such Person and (ii) any interest, fees or penalties for late payment thereof imposed on such Person.