Common use of Payment of Transfer Taxes Clause in Contracts

Payment of Transfer Taxes. Upon and as a condition to the transfer of any Note or Notes pursuant to Section 4.5, the Borrower may require from the party requesting such new Note or Notes payment of a sum to reimburse the Borrower for, or to provide funds for the payment of, any tax or other governmental charge in connection therewith.

Appears in 4 contracts

Samples: Loan and Security Agreement (Kansas City Southern De Mexico, S.A. De C.V.), Loan Agreement (Kansas City Southern De Mexico, S.A. De C.V.), Loan Agreement (Kansas City Southern)

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Payment of Transfer Taxes. Upon and as a condition to the transfer of any Note or Notes pursuant to Section 4.52.07 hereof, the Borrower may require from the party requesting such new Note or Notes payment of a sum to reimburse the Borrower for, or to provide funds for the payment of, any tax or other governmental charge in connection therewithherewith.

Appears in 1 contract

Samples: Loan and Security Agreement (Airlease LTD)

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