Common use of Grossing-up of Payments Clause in Contracts

Grossing-up of Payments. If a Loan Party is required by law to make any deduction or withholding on account of any Tax from any sum paid or payable by a Loan Party to Administrative Agent or any Lender under any of the Loan Documents:

Appears in 3 contracts

Samples: Credit Agreement (IntraLinks Holdings, Inc.), Credit Agreement (IntraLinks Holdings, Inc.), Assignment and Assumption (IntraLinks Holdings, Inc.)

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Grossing-up of Payments. If a Company or any other Loan Party is required by law to make any deduction or withholding on account of any Tax from any sum paid or payable by a Loan Party Company to Administrative Agent or any Lender under any of the Loan Documents:

Appears in 2 contracts

Samples: Credit Agreement (Panolam Industries International Inc), Credit Agreement (Panolam Industries International Inc)

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Grossing-up of Payments. If a Borrower or any other Loan Party is required by law to make any deduction or withholding on account of any such Tax from any sum paid or payable by a Loan Party Borrower to Administrative Agent or any Lender under any of the Loan Documents:

Appears in 1 contract

Samples: Credit Agreement (Royale Investments Inc)

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