Common use of Payments Free of Taxes, Etc Clause in Contracts

Payments Free of Taxes, Etc. All payments made by the Grantor under the Loan Documents shall be made by the Grantor free and clear of and without deduction for any and all present and future taxes, levies, charges, deductions and withholdings. In addition, the Grantor shall pay upon demand any stamp or other taxes, levies or charges of any jurisdiction with respect to the execution, delivery, registration, performance and enforcement of this Agreement. Upon request by the Collateral Agent, the Grantor shall furnish evidence satisfactory to the Collateral Agent that all requisite authorizations and approvals by, and notices to and filings with, governmental authorities and regulatory bodies have been obtained and made and that all requisite taxes, levies and charges have been paid.

Appears in 5 contracts

Samples: Secured Convertible Note Purchase Agreement (Lewis & Clark Ventures I, LP), Secured Convertible Note Purchase Agreement (Steinberg Michael), Secured Convertible Note Purchase Agreement (Gonzalez May Carlos Alfredo)

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Payments Free of Taxes, Etc. All payments made by the Grantor under the Loan Documents this Security Agreement shall be made by the Grantor free and clear of and without deduction for any and all present and future taxes, levies, charges, deductions and withholdings. In addition, the Grantor shall pay upon demand any stamp or other taxes, levies or charges of any jurisdiction with respect to the execution, delivery, registration, performance and enforcement of this Security Agreement. Upon request by the Collateral AgentLender, the Grantor shall furnish evidence satisfactory to the Collateral Agent Lender that all requisite authorizations and approvals by, and notices to and filings with, governmental authorities and regulatory bodies have been obtained and made and that all requisite taxes, levies and charges have been paid.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Galvestons Steakhouse Corp), Trademark Security Agreement (3-D Geophysical Inc), Trademark Security Agreement (Xircom Inc)

Payments Free of Taxes, Etc. All payments made by the Grantor under the Loan Documents this Agreement shall be made by the Grantor free and clear of and without deduction for any and all present and future taxes, levies, charges, deductions and withholdings. In addition, the Grantor shall pay upon demand any stamp or other taxes, levies or charges of any jurisdiction with respect to the execution, delivery, registration, performance and enforcement of this Agreement. Upon request by the Collateral AgentSecured Parties, the Grantor shall furnish evidence satisfactory to the Collateral Agent Secured Parties that all requisite authorizations and approvals by, and notices to and filings with, governmental authorities and regulatory bodies have been obtained and made and that all requisite taxes, levies and charges have been paid.

Appears in 1 contract

Samples: Security Agreement (Cygnus Inc /De/)

Payments Free of Taxes, Etc. All payments made by the Grantor under the Loan Documents this Agreement shall be made by the Grantor free and clear of and without deduction for any and all present and future taxes, levies, charges, deductions and withholdings. In addition, the Grantor shall pay upon written demand any stamp stamp, value added tax or other taxes, levies or charges of any jurisdiction with respect to the execution, delivery, registration, performance and enforcement of this Agreement. Upon request by the Collateral Agentany Lender, the Grantor shall furnish evidence reasonably satisfactory to the Collateral Agent such Lender that all requisite authorizations and approvals by, and notices to and filings with, governmental authorities and regulatory bodies have been obtained and made and that all requisite taxes, levies and charges have been paid. In addition, all payments made by the Grantor under this Agreement shall include applicable value added taxes.

Appears in 1 contract

Samples: Intellectual Property Security Agreement (Calliditas Therapeutics AB)

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Payments Free of Taxes, Etc. All payments made by the Grantor under the Loan Documents this Agreement shall be made by the Grantor free and clear of and without deduction for any and all present and future taxes, levies, charges, deductions and withholdings. In addition, the Grantor shall pay upon demand any stamp or other taxes, levies or charges of any jurisdiction with respect to the execution, delivery, registration, performance and enforcement of this Agreement. Upon request by the Collateral AgentSubordinate Secured Party, the Grantor shall furnish evidence satisfactory to the Collateral Agent Subordinate Secured Party that all requisite authorizations and approvals by, and notices to and filings with, governmental authorities and regulatory bodies have been obtained and made and that all requisite taxes, levies and charges have been paid.

Appears in 1 contract

Samples: Security Agreement (Cygnus Inc /De/)

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