EXPENSES AND STAMP DUTY. Whether or not the EDB Guarantee is issued or any Advance is made under this Agreement, the Borrower shall pay:- (1) on demand, all costs and expenses (including legal fees and all goods and services, value added and other duties or taxes payable on such costs and expenses) reasonably incurred by the Agent and/or the Arrangers in connection with the preparation, negotiation or entry into of the Financing Documents and/or any amendment of, supplement to or waiver in respect of the Financing Documents; (2) on demand, all costs and expenses (including legal fees on a full indemnity basis all goods and services, valued added and other duties or taxes payable on such costs and expenses) reasonably incurred by the Agent, the Arrangers or any Bank in protecting or enforcing any rights under the Financing Documents and/or any such amendment, supplement or waiver; and (3) promptly, and in any event before any interest or penalty becomes payable, any goods and services, value added, stamp, documentary, registration or similar duty or tax payable in connection with the entry into, enforcement or admissibility in evidence of the Financing Documents and/or any such amendment, supplement or waiver, and shall indemnify the Agent, the Arrangers and the Banks against any liability with respect to or resulting from any delay in paying or omission to pay any such duty or tax.
Appears in 2 contracts
Samples: Loan Agreement (Chartered Semiconductor Manufacturing LTD), Loan Agreement (Chartered Semiconductor Manufacturing LTD)
EXPENSES AND STAMP DUTY. Whether or not the EDB Guarantee is issued or any Advance is made or the EDB Guarantee issued under this Agreement, the Borrower shall pay:-pay:
(1) 25.1 on demand, all costs and expenses (including legal fees and all goods and services, value added and other duties or taxes payable on such costs and expenses) reasonably incurred by the Agent and/or Lead Arrangers, the Arrangers Agents and the Lenders in connection with the preparation, negotiation or entry into of the Financing Documents and/or any amendment of, supplement to or waiver in respect of any Financing Document, such cost to be in an amount mutually agreed to by the Financing DocumentsBorrower and the Lead Arrangers;
(2) 25.2 on demand, all costs and expenses (including legal fees on a full indemnity basis and all goods and services, valued value added and other duties or taxes payable on such costs and expenses) reasonably incurred by the AgentAgents and/or the Lenders in preserving, the Arrangers or any Bank in protecting or enforcing any rights of the Agents and/or the Lenders under the Financing Documents and/or any such amendment, supplement or waiverwaiver after the occurrence of an Event of Default; and
(3) 25.3 promptly, and in any event before any interest or penalty becomes payable, any goods and services, value added, stamp, documentary, registration or similar duty or tax payable in connection with the entry into, performance, enforcement or admissibility in evidence of the Financing Documents and/or any such amendment, supplement or waiver, and shall indemnify the Agent, the Arrangers Agents and the Banks Lenders against any liability with respect to or resulting from any delay in paying or omission to pay any such duty or tax, Provided Always that such costs and expenses shall, in each case, be substantiated by the production of documentary evidence.
Appears in 1 contract
Samples: Syndicated Credit Facilities Agreement (Chartered Semiconductor Manufacturing LTD)
EXPENSES AND STAMP DUTY. Whether or not the EDB Guarantee is issued or any Advance is made under this Agreement, the Borrower shall pay:-
(1) on demand, all costs and expenses (including legal fees and all goods and services, value added and other duties or taxes payable on such costs and expenses) reasonably incurred by the Agent Agent, the Security Trustee, and/or the Lead Arrangers in connection with the preparation, negotiation or entry into of the Financing Documents and/or any amendment of, supplement to or waiver in respect of the Financing Documents;
(2) on demand, all costs and expenses (including legal fees on a full indemnity basis all goods and services, valued added and other duties or taxes payable on such costs and expenses) reasonably incurred by the Agent, the Arrangers Lead Arrangers, the Security Trustee or any Bank in protecting or enforcing any rights under the Financing Documents and/or any such amendment, supplement or waiver; and
(3) promptly, and in any event before any interest or penalty becomes payable, any goods and services, value added, stamp, documentary, registration or similar duty or tax payable in connection with the entry into, enforcement or admissibility in evidence of the Financing Documents and/or any such amendment, supplement or waiver, and shall indemnify the Agent, the Arrangers Lead Arrangers, the Security Trustee and the Banks against any liability with respect to or resulting from any delay in paying or omission to pay any such duty or tax.
Appears in 1 contract
Samples: Loan Agreement (Chartered Semiconductor Manufacturing LTD)