Documentary Stamp Tax. The Company shall have paid any documentary stamp tax payable in connection with the issuance of the Note.
Documentary Stamp Tax. (i) The DST on the transfer of the Sale Shares shall be for the account of the Purchasers. The Seller shall arrange the payment thereof upon receipt of separate manager’s checks from each of the Purchasers in the amounts of the DST on the Sale Shares of each of the Purchasers.
(ii) Within the reglementary period for filing and paying the same, the Seller shall file with an authorized agent bank of the appropriate BIR Revenue District the DST return and pay the DST due on the sale of the Sale Shares. The Seller shall provide each of the Purchasers proof of payment of the DST on the transfer of their Sale Shares within three (3) Business Days from payment thereof.
Documentary Stamp Tax. Borrower hereby agrees to defend, indemnify, and hold Lender harmless from and against any and all liability for mortgage tax, documentary stamp taxes or intangible taxes (together with all interest, penalties, costs, and attorneys' fees incurred in connection therewith) that at any time may be levied, assessed, or imposed by any jurisdiction in which the Property lies or any other governmental entity or agency (i) upon the Note, the Mortgage, or any of the other Loan
Documentary Stamp Tax. Borrower hereby agrees to defend, indemnify, and hold the Bank harmless from and against any and all documentary stamp taxes (together with all interest, penalties, costs, and attorneys’ fees incurred in connection therewith) that may be at any time levied, assessed, or imposed by the State of Florida or any other governmental entity or agency upon the Note, Loan documents, this Agreement, or any amendment, extension, or renewal of any of the foregoing, or upon the Bank by virtue of owning, holding or being a party to any of the foregoing instruments or documents. The provisions of this Section shall survive the repayment of the Loan for so long as any claim may be asserted by the State of Florida or any such other governmental entity or agency.
Documentary Stamp Tax. Documentary stamps in the amount required by Florida Law have been purchased and affixed to the Mortgage.
Documentary Stamp Tax. An assignment of a mortgage by a lender to a new lender who has purchased the note and mortgage and becomes the holder of the note and mortgage is not taxable; provided, however, that where the assignment of a mortgage is given as collateral security for a new loan, it is a taxable mortgage when recorded in Florida. Since the contribution of Collateral Obligations by Parent to FI is in the nature of a transfer for consideration of receivables, which is not a transfer of real property under s. 201.02, F.S., and is not a transfer of collateral security for a new loan, the transfer will be exempt from documentary stamp tax. Nonrecurring Intangible Tax No additional nonrecurring intangible tax will be due upon the transfer and assignment by Parent to FI of the Florida Collateral Obligations, because a nonrecurring tax previously has been paid. No nonrecurring intangible tax will be due upon the transfer and assignment of the non- Florida Collateral Obligations, because such obligations will not be secured by a mortgage, deed of trust, or other lien upon Florida real property.
Documentary Stamp Tax. Borrower agrees to defend, indemnify and hold the Bank harmless from and against any and all liability for documentary excise taxes and intangible taxes (together with all interest, penalties, costs and reasonable attorneys' fees incurred in connection therewith) that at any time may be levied, assessed or imposed by the State of Florida or any other Governmental Authority (a) upon the Note or any of the other Loan Documents, (b) upon any amendment, extension or renewal of any of the foregoing, or (c) upon the Bank by virtue of owning or holding any of the foregoing documents or instruments; all of which shall be secured by the security interest or other Lien granted in favor of the Bank in the Collateral. The provisions of this section survive the repayment of the Note and the termination of this Agreement or any of the other Loan Documents for so long as any claim may be asserted by the State of Florida or any other Governmental Authority.
Documentary Stamp Tax. The Borrower shall indemnify and hold the Lenders and the Administrative Agent harmless from and against payment of any and all documentary stamp tax due to the State of Florida, or any department or agency thereof, in connection with this Agreement and/or the other Loan Documents, together with all interest, fines, penalties, costs or other changes theron, regardless of when, or the party against whom, the same may be assessed or imposed.
Documentary Stamp Tax. The Creditor shall remit to THE INSURER the required documentary stamp taxes (DST) for the insurance coverage of the Insured Debtor.
Documentary Stamp Tax. Seller shall pay the documentary stamp tax levied upon the filing of said deed in the amount of $2.25 per $1,000 of the total purchase price, or at the option of Buyer the same may be deducted from the balance of the purchase price at the time of closing. Buyer shall pay the cost for the filing of the deed in the approximate amount of $33.00.
