Common use of Limitation on Certain Payment Obligations Clause in Contracts

Limitation on Certain Payment Obligations. (a) Each Lender or Agent shall make written demand on Interface for indemnification or compensation pursuant to Section 4.07 no later than 90 days after the earlier of (i) the date on which such Lender or 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 Agent for payment of such Taxes.

Appears in 5 contracts

Samples: Credit Agreement (Interface Inc), Credit Agreement (Interface Inc), Credit Agreement (Interface Inc)

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Limitation on Certain Payment Obligations. (a) Each Lender or the Administrative Agent shall make written demand on Interface for indemnification or compensation pursuant to Section 4.07 3.07 no later than 90 days after the earlier of (i) the date on which such Lender or the 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 the Administrative Agent for payment of such Taxes.

Appears in 1 contract

Samples: Term Loan Agreement (Interface Inc)

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Limitation on Certain Payment Obligations. (a) Each Lender or Agent shall make written demand on Interface for indemnification or compensation pursuant to Section 4.07 5.07 no later than 90 days after the earlier of (i) the date on which such Lender or 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 Agent for payment of such Taxes.

Appears in 1 contract

Samples: Credit Agreement (Interface Inc)

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