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: Loan Agreement (GasLog Partners LP), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Costamare 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.
Appears in 8 contracts
Samples: Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.)
Exclusion of tax. on overall net income. 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 4 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Containers Inc.), Loan Agreement (Navios Maritime Partners L.P.)
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 3 contracts
Samples: Loan Agreement (Tsakos Energy Navigation LTD), Loan Agreement (General Maritime Corp / MI), Loan Agreement (Arlington Tankers Ltd.)
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 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 2 contracts
Samples: Loan Agreement (TBS International LTD), Loan Agreement (TBS International LTD)
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 incomeNon-indemnified Tax.
Appears in 2 contracts
Samples: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)
Exclusion of tax. on overall net income. In this Clause 22 21.6 “tax 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 2 contracts
Samples: Facility Agreement (Gala Properties Inc.), Loan Agreement (Diana Shipping Inc.)
Exclusion of tax. on overall net income. In this Clause 22 14 “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on a any Creditor Party’s overall net income.
Appears in 1 contract
Samples: EuroDry Ltd.
Exclusion of tax. on overall net income. 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 1 contract
Samples: Loan Agreement (Poseidon Containers Holdings Corp.)
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 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 (DryShips Inc.)
Exclusion of tax. on overall net income. 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 1 contract
Samples: Loan Agreement (Poseidon Containers Holdings Corp.)
Exclusion of tax. on overall net income. 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 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
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
