Common use of Indemnification for Taxes Paid by a Lender Clause in Contracts

Indemnification for Taxes Paid by a Lender. The Borrowers shall indemnify each Lender for the full amount of Taxes or Other Taxes (including, without limitation, any Taxes or Other Taxes imposed by any jurisdiction on amounts payable under this Section 4.8.3) paid by any Lender and any liability (including penalties, interest, and expenses) arising therefrom or with respect thereto. This indemnification shall be made within 30 days from the date a Lender makes written demand therefor, but in no event shall such indemnification be required to be made more than ten (10) Business Days before the date such Taxes or Other Taxes are due to the relevant taxing authority.

Appears in 3 contracts

Samples: Credit Agreement (Glatfelter P H Co), Credit Agreement (Glatfelter P H Co), Credit Agreement (Glatfelter P H Co)

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Indemnification for Taxes Paid by a Lender. The Borrowers shall indemnify each Lender for the full amount of Taxes or Other Taxes (including, without limitation, any Taxes or Other Taxes imposed by any jurisdiction on amounts payable under this Section 4.8.34.7.3) paid by any Lender and any liability (including penalties, interest, and expenses) arising therefrom or with respect thereto. This indemnification shall be made within 30 days from the date a Lender makes written demand therefor, but in no event shall such indemnification be required to be made more than ten (10) Business Days before the date such Taxes or Other Taxes are due to the relevant taxing authority.

Appears in 1 contract

Samples: Credit Agreement (Glatfelter P H Co)

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