Common use of Payment of Other Taxes by Borrower Clause in Contracts

Payment of Other Taxes by Borrower. Loan Parties shall timely pay to the relevant Governmental Authority in accordance with applicable law, or at the option of Agent, timely reimburse Agent for the payment of, any Other Taxes; provided that no payments shall be due pursuant to this paragraph (c) to the extent that such payment is duplicative of any payment otherwise made by a Loan Party pursuant to any other Section of this Agreement or any Loan Document.

Appears in 3 contracts

Samples: Credit Agreement (Insperity, Inc.), Credit Agreement (Insperity, Inc.), Credit Agreement (Insperity, Inc.)

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Payment of Other Taxes by Borrower. Without limiting the provisions of paragraph (a) above, the Loan Parties shall timely pay to the relevant Governmental Authority in accordance with applicable lawRequirements of Law, or at the option of Agent, the Administrative Agent timely reimburse Agent it for the payment of, any Other Taxes; provided that no payments shall be due pursuant to this paragraph (c) to the extent that such payment is duplicative of any payment otherwise made by a Loan Party pursuant Taxes imposed on or with respect to any obligation of Borrower hereunder or under any other Section of this Agreement or any Loan DocumentDocument to which it is a party.

Appears in 2 contracts

Samples: Term Loan Agreement (Nabors Industries LTD), Term Loan Agreement (Nabors Industries LTD)

Payment of Other Taxes by Borrower. Without limiting the provisions of paragraph (a) above, the Loan Parties shall timely pay to the relevant Governmental Authority in accordance with applicable lawLaw, or at the option of Agent, the Administrative Agent timely reimburse Agent it for the payment of, any Other Taxes; provided that no payments shall be due pursuant to this paragraph (c) to the extent that such payment is duplicative of any payment otherwise made by a Loan Party pursuant to any other Section of this Agreement or any Loan Document.

Appears in 2 contracts

Samples: Credit Agreement (Regency Energy Partners LP), Credit Agreement (Regency Energy Partners LP)

Payment of Other Taxes by Borrower. The Loan Parties shall timely pay to the relevant Governmental Government Authority in accordance with applicable law, or at the option of Agent, the Administrative Agent timely reimburse Agent it for the payment of, any Other Taxes; provided that no payments shall be due pursuant to this paragraph (c) to the extent that such payment is duplicative of any payment otherwise made by a Loan Party pursuant to any other Section of this Agreement or any Loan Document.

Appears in 2 contracts

Samples: Credit Agreement (EngageSmart, LLC), Credit Agreement (EngageSmart, LLC)

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Payment of Other Taxes by Borrower. Without limiting the provisions of clause (a) above, the Loan Parties shall timely pay to the relevant Governmental Authority in accordance with applicable lawRequirements of Law, or at the option of Agent, the Administrative Agent timely reimburse Agent it for the payment of, any Other Taxes; provided that no payments shall be due pursuant to this paragraph (c) to the extent that such payment is duplicative of any payment otherwise made by a Loan Party pursuant Taxes imposed on or with respect to any obligation of Borrower hereunder or under any other Section of this Agreement or any Loan DocumentDocument to which it is a party.

Appears in 1 contract

Samples: Credit Agreement (Nabors Industries LTD)

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