Exclusion of tax on overall net income. In this Clause 22 “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Party’s overall net income.
Appears in 18 contracts
Samples: Term Loan Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.), Supplemental Agreement (Navios Maritime Containers Inc.)
Exclusion of tax on overall net income. In this Clause 22 21 “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Partythe Lender’s overall net income.
Appears in 15 contracts
Samples: Loan Agreement, Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (Quintana Shipping Ltd.)
Exclusion of tax on overall net income. In this Clause 22 “"tax deduction” " means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Party’s 's overall net income.
Appears in 10 contracts
Samples: Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Dynagas LNG Partners LP)
Exclusion of tax on overall net income. In this Clause 22 21 “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Party’s the Lender's overall net income.
Appears in 6 contracts
Samples: Loan Agreement (Star Cosmo Llc.), Loan Agreement (Omega Navigation Enterprises, Inc.), Loan Agreement (TBS International LTD)
Exclusion of tax on overall net income. In this Clause 22 “"tax deduction” " means any deduction or withholding from any payment due under a Finance Document for or on account of any present or future tax except tax on a Creditor Party’s 's overall net income.
Appears in 5 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (Euroseas Ltd.)
Exclusion of tax on overall net income. In this Clause 22 “21 "tax deduction” " means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Party’s the Lender's overall net income.
Appears in 4 contracts
Samples: Loan Agreement (Euroseas Ltd.), Amending and Restating Agreement (Star Bulk Carriers Corp.), Loan Agreement (Paragon Shipping Inc.)
Exclusion of tax on overall net income. In this Clause 22 “tax deduction” means any deduction or withholding for or on account of any present or future tax tax, excluding any FATCA Deduction, except tax on a Creditor Party’s overall net income.
Appears in 4 contracts
Samples: Amending and Restating Deed, Amending and Restating Deed (Global Ship Lease, Inc.), Second Amending and Restating Deed (Global Ship Lease, Inc.)
Exclusion of tax on overall net income. In this Clause 22 16 “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Partythe Issuer’s overall net income.
Appears in 3 contracts
Samples: Guarantee Facility Agreement (TBS International PLC), Guarantee Facility Agreement (TBS International LTD), Guarantee Facility Agreement (TBS International LTD)
Exclusion of tax on overall net income. In this Clause 22 13 “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Partythe Lender’s overall net income.
Appears in 3 contracts
Samples: Purchase, Sale and Contribution Agreement (Golar LNG Partners LP), Loan Agreement (GasLog Partners LP), Loan Agreement (Golar LNG Partners LP)
Exclusion of tax on overall net income. In this Clause 22 “"tax deduction” " means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Party’s 's overall net income, other than a FATCA Deduction.
Appears in 2 contracts
Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)
Exclusion of tax on overall net income. In this Clause 22 “tax 22“tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Party’s overall net income.
Appears in 2 contracts
Samples: Loan Agreement (Mc Shipping Inc), Loan Agreement (TBS International LTD)
Exclusion of tax on overall net income. In this Clause 22 “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Party’s 's overall net income.
Appears in 2 contracts
Samples: Amending and Restating Agreement, Amending and Restating Agreement (Golar LNG Partners LP)
Exclusion of tax on overall net income. In this Clause 22 18, “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Partythe Lender’s overall net income.
Appears in 1 contract
Samples: Loan Agreement (Aegean Marine Petroleum Network Inc.)
Exclusion of tax on overall net income. In this Clause 22 “20 "tax deduction” " means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Party’s the Lender's overall net income.
Appears in 1 contract
Samples: Fourth Amending and Restating Agreement (DryShips Inc.)
Exclusion of tax on overall net income. In this Clause 22 21 “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Party’s overall net income.
Appears in 1 contract
Samples: Loan Agreement (GasLog Ltd.)
Exclusion of tax on overall net income. In this Clause 22 “20.7, "tax deduction” " means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Party’s the Lender's overall net income.
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
Exclusion of tax on overall net income. In this Clause 22 “23 "tax deduction” " means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Party’s 's overall net income.
Appears in 1 contract
Exclusion of tax on overall net income. In this Clause 22 “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Party’s overall net incomeincome or a FATCA Deduction.
Appears in 1 contract
Exclusion of tax on overall net income. In this Clause 22 23 “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Party’s overall net income.
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)
Exclusion of tax on overall net income. In this Clause 22 (No Set-off or Tax Deduction) “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Party’s overall net incomeincome or a FATCA Deduction.
Appears in 1 contract
Exclusion of tax on overall net income. In this Clause 22 (No Set-Off or Tax Deduction) “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Party’s overall net income.
Appears in 1 contract
Exclusion of tax on overall net income. In this Clause 22 20 “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on a Creditor PartyLender’s overall net incomeincome imposed by a taxing jurisdiction in which such Lender is organized, holds or books the Loan or has a principal place of business.
Appears in 1 contract
Exclusion of tax on overall net income. In this Clause 22 “(No Set-Off or Tax Deduction) "tax deduction” " means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Party’s 's overall net incomeincome or a FATCA Deduction.
Appears in 1 contract
Exclusion of tax on overall net income. In this Clause 22 20, “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Partythe Lender’s overall net income.
Appears in 1 contract
Samples: Amendment Agreement (Aegean Marine Petroleum Network Inc.)
Exclusion of tax on overall net income. In this Clause 22 27 “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Party’s overall net income.
Appears in 1 contract
Exclusion of tax on overall net income. In this Clause 22 20 “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Partythe Lender’s overall net income.
Appears in 1 contract
Samples: Loan Agreement (Pyxis Tankers Inc.)
Exclusion of tax on overall net income. In this Clause 22 “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Partythe Lender’s overall net income.
Appears in 1 contract
Samples: Loan Agreement (Pyxis Tankers Inc.)
Exclusion of tax on overall net income. In this Clause 22 17, “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on a Creditor Credit Party’s overall net incomeincome imposed by a taxing jurisdiction in which such Credit Party is organized, holds or books the Loan (as applicable) or has a principal place of business.
Appears in 1 contract
Samples: Loan Agreement (Top Ships Inc.)
Exclusion of tax on overall net income. In this Clause 22 “"tax deduction” " means any deduction or withholding for or on account of any present or future tax except (i) tax on a Creditor Party’s 's overall net incomeincome and (ii) tax imposed under Sections 1471 through 1474 of the United States Internal Revenue Code of 1986, as amended.
Appears in 1 contract
Samples: Loan Agreement
