Common use of Limitation on Certain Payment Obligations Clause in Contracts

Limitation on Certain Payment Obligations. (a) Each Lender or Administrative Agent shall make written demand on the Borrower for indemnification or compensation pursuant to Section 3.07 no later than 90 days after the earlier of (i) the date on which such Lender or Administrative Agent makes payment of such Taxes, and (ii) the date on which the relevant taxing authority or other governmental authority makes written demand upon such Lender or Administrative Agent for payment of such Taxes.

Appears in 3 contracts

Samples: Term Loan Agreement (Intermet Corp), Credit Agreement (Ironton Iron Inc), Credit Agreement (Intermet Corp)

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Limitation on Certain Payment Obligations. (a) Each Lender or Administrative Agent shall make written demand on the Borrower Intermet for indemnification or compensation pursuant to Section 3.07 no later than 90 days after the earlier of (i) the date on which such Lender or Administrative Agent makes payment of such Taxes, and (ii) the date on which the relevant taxing authority or other governmental authority makes written demand upon such Lender or Administrative Agent for payment of such Taxes.

Appears in 3 contracts

Samples: Credit Agreement (Intermet Corp), Term Loan Agreement (Intermet Corp), Credit Agreement (Intermet Corp)

Limitation on Certain Payment Obligations. (a) Each Lender or Administrative Agent shall make written demand on the Borrower Company for indemnification or compensation pursuant to Section 3.07 3.05 no later than 90 days after the earlier of (i) the date on which such Lender or Administrative Agent makes payment of such Taxes, and (ii) the date on which the relevant taxing authority or other governmental authority makes written demand upon such Lender or Administrative Agent for payment of such Taxes.

Appears in 2 contracts

Samples: Credit Facility Agreement (Intermet Corp), Credit Facility Agreement (Ironton Iron Inc)

Limitation on Certain Payment Obligations. (a) Each Lender or Administrative Agent shall make written demand on the Borrower for indemnification or compensation pursuant to Section 3.07 4.7 hereof no later than 90 ninety (90) days after the earlier of (i) the date on which such Lender or Administrative Agent makes payment of such Taxes, and (ii) the date on which the relevant taxing authority or other governmental authority makes written demand upon such Lender or Administrative Agent for payment of such Taxes.

Appears in 2 contracts

Samples: Credit and Term Loan Agreement (Solar Mates Inc), Term Loan Agreement (Serengeti Eyewear Inc)

Limitation on Certain Payment Obligations. (a) Each Lender or Administrative the Agent shall make written demand on the Borrower for indemnification or compensation pursuant to Section 3.07 4.8.(b) no later than 90 days six months after the earlier of (i) on the date on which such Lender or Administrative the Agent makes payment of any such Taxes, Taxes and (ii) the date on which the relevant taxing authority or other governmental authority makes written demand upon such Lender or Administrative Agent for the payment of such Taxes.

Appears in 2 contracts

Samples: Credit Agreement (Rock Tenn Co), Credit Agreement (Rock Tenn Co)

Limitation on Certain Payment Obligations. (a) Each Lender or Administrative the Agent shall make written demand on the Borrower for indemnification or compensation pursuant to Section 3.07 3.8.(b) no later than 90 days six months after the earlier of (i) on the date on which such Lender or Administrative the Agent makes payment of any such Taxes, Taxes and (ii) the date on which the relevant taxing authority or other governmental authority makes written demand upon such Lender or Administrative Agent for the payment of such Taxes.

Appears in 1 contract

Samples: Credit Agreement (Dollar General Corp)

Limitation on Certain Payment Obligations. (a) Each Lender or Administrative Agent shall make written demand on the Borrower for indemnification or compensation pursuant to Section 3.07 SECTION 3.7 no later than 90 120 days after the earlier of (i) the date on which such Lender or Administrative Agent makes payment of such Taxes, Taxes and (ii) the date on which the relevant taxing authority or other governmental authority makes written demand upon such Lender or Administrative Agent for payment of such Taxes.

Appears in 1 contract

Samples: Day Revolving Credit Agreement (Office Depot Inc)

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Limitation on Certain Payment Obligations. (a) Each Lender or Administrative Agent shall make written demand on the Borrower Borrowers for indemnification or compensation pursuant to Section 3.07 4.07 no later than 90 days one year after the earlier of (i) the date on which such Lender or Administrative Agent makes payment of such Taxes, and (ii) the date on which the relevant taxing authority or other governmental authority makes written demand upon such Lender or Administrative Agent for payment of such Taxes.

Appears in 1 contract

Samples: Contribution Agreement (Dyersburg Corp)

Limitation on Certain Payment Obligations. (a) Each Lender or Administrative the Agent shall make written demand on the Borrower for indemnification or compensation pursuant to Section 3.07 3.9.(b) no later than 90 days six months after the earlier of (i) on the date on which such Lender or Administrative the Agent makes payment of any such Taxes, Taxes and (ii) the date on which the relevant taxing authority or other governmental authority makes written demand upon such Lender or Administrative Agent for the payment of such Taxes.

Appears in 1 contract

Samples: Credit Agreement (Childrens Comprehensive Services Inc)

Limitation on Certain Payment Obligations. (a) Each Lender or Administrative Agent shall make written demand on the Borrower for indemnification or compensation pursuant to Section 3.07 4.7 no later than 90 120 days after the earlier of (i) the date on which such Lender or Administrative Agent makes payment of such Taxes, Taxes and (ii) the date on which the relevant taxing authority or other governmental authority makes written demand upon such Lender or Administrative Agent for payment of such Taxes.

Appears in 1 contract

Samples: Credit Agreement (Office Depot Inc)

Limitation on Certain Payment Obligations. (a) Each Lender or Administrative the Agent shall make written demand on the Borrower for indemnification or compensation pursuant to Section 3.07 4.8.(b) no later than 90 days six months after the earlier of (i) the date on which such Lender or Administrative the Agent makes payment of any such Taxes, Taxes and (ii) the date on which the relevant taxing authority or other governmental authority makes written demand upon such Lender or Administrative Agent for the payment of such Taxes.

Appears in 1 contract

Samples: Credit Agreement (Rock Tenn Co)

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