Limitation on Certain Payment Obligations. (a) The Lender shall make written demand on Borrower for indemnification or compensation pursuant to Section 4.7 no later than ninety (90) days after the earlier of (i) the date on which the Lender makes payment of such Taxes, and (ii) the date on which the relevant taxing authority or other governmental authority makes written demand upon the Lender for payment of such Taxes.
Appears in 7 contracts
Samples: Term Loan Agreement, Revolving and Term Loan Agreement, Revolving and Term Loan Agreement (Brown & Brown Inc)
Limitation on Certain Payment Obligations. (a) The Lender shall make written demand on Borrower for indemnification or compensation pursuant to Section 4.7 3.07 no later than ninety (90) 90 days after the earlier of (i) the date on which the Lender makes payment of such Taxes, and (ii) the date on which the relevant taxing authority or other governmental authority makes written demand upon the Lender for payment of such Taxes.
Appears in 2 contracts
Samples: Subsidiary Guaranty Agreement (Hughes Supply Inc), Bridge Revolving Credit Agreement (Hughes Supply Inc)
Limitation on Certain Payment Obligations. (a) The Each Lender shall make written demand on Borrower for indemnification or compensation pursuant to Section 4.7 2.09 no later than ninety (90) 90 days after the earlier of (i) the date on which the such Lender makes payment of such Taxes, and (ii) the date on which the relevant taxing authority or other governmental authority makes written demand upon the such Lender for payment of such Taxes.
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