Payments Free and Clear of Taxes, Etc. (a) Any and all payments made by any Guarantor hereunder shall be made, in accordance with Section 2.11 of the Credit Agreement, free and clear of and without deduction for any and all present or future Taxes. If any Guarantor shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder to the Agent or any other Secured Party, (i) the sum payable shall be increased as may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section) the Agent or such other Secured Party (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (ii) such Guarantor shall make such deductions and (iii) such Guarantor shall pay the full amount deducted to the relevant taxation authority or other authority in accordance with applicable law.
Appears in 3 contracts
Samples: Credit Agreement (Crompton & Knowles Corp), Credit Agreement (Uniroyal Chemical Co Inc), Subsidiary Guaranty (Uniroyal Chemical Co Inc)
Payments Free and Clear of Taxes, Etc. (a) Any and all payments made by any each Guarantor hereunder shall be made, in accordance with Section 2.11 2.12 of the Credit Agreement, free and clear of and without deduction for any and all present or future Taxes. If any Guarantor shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder to the Administrative Agent or any other Secured Party, (i) the sum payable shall be increased as may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section) the Administrative Agent or such other Secured Party (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (ii) such Guarantor shall make such deductions and (iii) such Guarantor shall pay the full amount deducted to the relevant taxation authority or other authority in accordance with applicable law.
Appears in 3 contracts
Samples: Subsidiary Guaranty (Audio Book Club Inc), Credit Agreement (Audio Book Club Inc), Moran Transportation Co
Payments Free and Clear of Taxes, Etc. (a) Any and all payments made by any the Guarantor hereunder shall be made, in accordance with Section 2.11 of the Credit Agreement, free and clear of and without deduction for any and all present or future Taxes. If any the Guarantor shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder to the Agent or any other Secured Party, (i) the sum payable shall be increased as may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section) the Agent or such other Secured Party (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (ii) such the Guarantor shall make such deductions and (iii) such the Guarantor shall pay the full amount deducted to the relevant taxation authority or other authority in accordance with applicable law.
Appears in 2 contracts
Samples: Credit Agreement (Uniroyal Chemical Co Inc), Credit Agreement (Crompton & Knowles Corp)
Payments Free and Clear of Taxes, Etc. (a) Any and all payments made by any the Guarantor hereunder shall be made, in accordance with Section 2.11 2.10 of the Credit Agreement, free and clear of and without deduction for any and all present or future Taxes. If any the Guarantor shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder to any Lender Party or the Agent or any other Secured PartyAdministrative Agent, (i) the sum payable shall be increased as may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section) such Lender Party or the Administrative Agent or such other Secured Party (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (ii) such the Guarantor shall make such deductions and (iii) such the Guarantor shall pay the full amount deducted to the relevant taxation authority or other authority in accordance with applicable law.
Appears in 1 contract
Samples: Sodexho Alliance S A
Payments Free and Clear of Taxes, Etc. (a) Any and all payments made by any Subsidiary Guarantor hereunder shall be made, in accordance with Section 2.11 of the Credit Agreement, free and clear of and without deduction for any and all present or future Taxes. If any Subsidiary Guarantor shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder to the Administrative Agent or any other Secured Party, (i) the sum payable shall be increased as may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section) the Administrative Agent or such other Secured Party (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (ii) such Subsidiary Guarantor shall make such deductions and (iii) such Subsidiary Guarantor shall pay the full amount deducted to the relevant taxation authority or other authority in accordance with applicable law.
Appears in 1 contract
Samples: Credit Agreement (Mediq Inc)
Payments Free and Clear of Taxes, Etc. (a) Any and all -------------------------------------- payments made by any Guarantor hereunder shall be made, in accordance with Section 2.11 2.10 of the Credit Agreement, free and clear of and without deduction for any and all present or future Taxes. If any Guarantor shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder to the Agent or any other Secured Guaranteed Party, (i) the sum payable shall be increased as may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section) the Agent or such other Secured Guaranteed Party (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (ii) such Guarantor shall make such deductions and (iii) such Guarantor shall pay the full amount deducted to the relevant taxation authority or other authority in accordance with applicable law.
Appears in 1 contract
Samples: Schedules and Exhibits (National Golf Properties Inc)
Payments Free and Clear of Taxes, Etc. (a) Any and all payments made by any each Parent Guarantor hereunder or under the Notes shall be made, in accordance with Section 2.11 of the Credit Agreement2.11, free and clear of and without deduction for any and all present or future Taxes. If any Parent Guarantor shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder to the Administrative Agent or any other Secured Party, (i) the sum payable shall be increased as may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section) the Administrative Agent or such other Secured Party (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (ii) such Parent Guarantor shall make such deductions and (iii) such Parent Guarantor shall pay the full amount deducted to the relevant taxation authority or other authority in accordance with applicable law.
Appears in 1 contract
Samples: Credit Agreement (Mediq Inc)
Payments Free and Clear of Taxes, Etc. (a) Any and all payments made by any each Guarantor hereunder shall be made, in accordance with Section 2.11 2.12 of the Credit Agreement, free and clear of and without deduction for any and all present or future Taxes. If any Guarantor shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder to the Administrative Agent or any other Secured Guaranteed Party, (i) the sum payable shall be increased as may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section) the Administrative Agent or such other Secured Guaranteed Party (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (ii) such Guarantor shall make such deductions and (iii) such Guarantor shall pay the full amount deducted to the relevant taxation authority or other authority in accordance with applicable law.
Appears in 1 contract
Samples: Credit Agreement (Applied Graphics Technologies Inc)
Payments Free and Clear of Taxes, Etc. (a) Any and all payments made by any Guarantor hereunder shall be made, in accordance with Section 2.11 2.15 of the Credit Agreement, free and clear of and without deduction for any and all present or future Taxes. If any Guarantor shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder to the Administrative Agent or any other Secured Lender Party, (i) the sum payable shall be increased as may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section) the Administrative Agent or such other Secured Lender Party (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (ii) such Guarantor shall make such deductions and (iii) such Guarantor shall pay the full amount deducted to the relevant taxation authority or other authority in accordance with applicable law.
Appears in 1 contract
Samples: Credit Agreement (Paxar Corp)
Payments Free and Clear of Taxes, Etc. (a) Any and all payments made by any Guarantor hereunder shall be made, in accordance with Section 2.11 2.15 of the Credit Agreement, free and clear of and without deduction for any and all present or future Taxes. If any Guarantor shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder to the Administrative Agent or any other Secured Lender Party, (i) the sum payable shall be increased as may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this SectionSection ) the Administrative Agent or such other Secured Lender Party (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (ii) such Guarantor shall make such deductions and (iii) such Guarantor shall pay the full amount deducted to the relevant taxation authority or other authority in accordance with applicable law.
Appears in 1 contract
Samples: Pledge Agreement (Paxar Corp)
Payments Free and Clear of Taxes, Etc. (a) Any and all payments made by any Subsidiary Guarantor hereunder shall be made, in accordance with Section 2.11 of the Credit Agreement, free and clear of and without deduction for any and all present or future Taxes. If any Subsidiary Guarantor shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder to any Lender Party or the Agent or any other Secured PartyAdministrative Agent, (i) the sum payable shall be increased as may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this SectionSection 5) such Lender Party or the Administrative Agent or such other Secured Party (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (ii) such Subsidiary Guarantor shall make such deductions and (iii) such Subsidiary Guarantor shall pay the full amount deducted to the relevant taxation authority or other governmental authority in accordance with applicable law.
Appears in 1 contract
Payments Free and Clear of Taxes, Etc. (a) Any and all payments made by any the Guarantor hereunder shall be made, in accordance with Section 2.11 2.14 of the Credit Agreement, free and clear of and without deduction for any and all present or future Taxes. If any the Guarantor shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder to the Administrative Agent or any other Secured Lender Party, (i) the sum payable shall be increased as may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section) the Administrative Agent or such other Secured Lender Party (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (ii) such the Guarantor shall make such deductions and (iii) such the Guarantor shall pay the Alenco β Exhibits to Second Amended and Restated Credit Agreement full amount deducted to the relevant taxation authority or other authority in accordance with applicable law.
Appears in 1 contract
Samples: Credit Agreement (Encana Corp)
Payments Free and Clear of Taxes, Etc. (a) Any and all payments made by any Guarantor hereunder shall be made, in accordance with Section 2.11 of the Credit Agreement, made free and clear of and without deduction for any and all present or future Taxes. If any Guarantor shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder to the Collateral Agent or any other Secured Guaranteed Party, (i) the sum payable shall be increased as may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section) the Collateral Agent or such other Secured Guaranteed Party (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (ii) such Guarantor shall make such deductions and (iii) such Guarantor shall pay the full amount deducted to the relevant taxation authority or other authority in accordance with applicable law.
Appears in 1 contract
Payments Free and Clear of Taxes, Etc. (a) Any and all payments made by any Guarantor of the Guarantors hereunder shall be made, in accordance with Section 2.11 2.13 of the Credit Agreement, free and clear of and without deduction for any and all present or future Taxes. If any Guarantor of the Guarantors shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder to the Agent or any other Secured Lender Party, (i) except as provided in Section 5(f), the sum payable shall be increased as may be necessary so that that, after making all required deductions (including deductions applicable to additional sums payable under this Section) the Agent or Section 5), such other Secured Lender Party (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (ii) such Guarantor shall make such deductions and (iii) such Guarantor shall pay the full amount deducted to the relevant taxation authority or other authority in accordance with applicable law.
Appears in 1 contract
Payments Free and Clear of Taxes, Etc. (a) Any and all payments made by any the Guarantor hereunder shall be made, in accordance with Section 2.11 2.14 of the Credit Agreement, free and clear of and without deduction for any and all present or future Taxes. If any the Guarantor shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder to the Administrative Agent or any other Secured Lender Party, (i) the sum payable shall be increased as may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section) the Administrative Agent or such other Secured Lender Party (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (ii) such the Guarantor shall make such deductions and (iii) such the Guarantor shall pay the full amount deducted to the relevant taxation authority or other authority in accordance with applicable law.
Appears in 1 contract
Samples: Credit Agreement (Encana Corp)
Payments Free and Clear of Taxes, Etc. (a) Any and all payments made by any each Guarantor hereunder under or in respect of the Transaction Documents shall be made, in accordance with Section 2.11 of the Credit Agreement, made free and clear of of, and without deduction for for, any and all present or future Taxes. If any Guarantor shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder under or in respect of the Transaction Documents to the Agent or any other Secured Party, (i) the sum payable by such Guarantor shall be increased as may be necessary so that that, after making such Guarantor, any applicable Secured Party has made all required deductions (including deductions applicable to additional sums payable under this Section) the Agent or Section 5), such other Secured Party (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (ii) such Guarantor shall make all such deductions and (iii) such Guarantor shall pay the full amount deducted to the relevant taxation authority or other authority in accordance with applicable law.
Appears in 1 contract
Samples: Us Industries Inc /De