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

Payments Free of Taxes, Etc. All payments made by each Subsidiary Guarantor under this Guaranty shall be made by each Subsidiary Guarantor free and clear of and without deduction for any and all present and future taxes, levies, charges, deductions and withholdings. In addition, each Subsidiary Guarantor 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 Guaranty. If any taxes, levies, charges or other amounts are required to be withheld from any amounts payable to Agent, hereunder, the amounts so payable to Agent shall be increased to the extent necessary to yield to Agent (after payment of all such amounts) any such amounts payable hereunder in the amounts, specified in this Guaranty. Upon reasonable request by Agent, each Subsidiary Guarantor shall furnish evidence satisfactory to 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 3 contracts

Samples: Subsidiary Guaranty (Vantagepoint Venture Partners 1996), Credit Agreement (Columbia Capital LLC), Credit Agreement (DSL Net Inc)

AutoNDA by SimpleDocs

Payments Free of Taxes, Etc. All payments made by each Subsidiary Guarantor under this Guaranty shall be made by each Subsidiary Guarantor free and clear of and without deduction for any and all present and future taxes, levies, charges, deductions and withholdings. In addition, each Subsidiary Guarantor 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 Guaranty. If any taxes, levies, charges or other amounts are required to be withheld from any amounts payable to Agent, Lender hereunder, the amounts so payable to Agent Lender shall be increased to the extent necessary to yield to Agent Lender (after payment of all such amounts) any such amounts payable hereunder in the amounts, amounts specified in this Guaranty. Upon reasonable request by AgentLender, each Subsidiary Guarantor shall furnish evidence satisfactory to 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 2 contracts

Samples: Loan Agreement (Onepoint Communications Corp /De), Loan Agreement (Onepoint Communications Corp /De)

Payments Free of Taxes, Etc. All payments made by each Subsidiary Guarantor under this Guaranty shall be made by each Subsidiary Guarantor free and clear of and without deduction for any and all present and future taxes, levies, charges, deductions and withholdings. In addition, each Subsidiary Guarantor 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 Guaranty. If any taxes, levies, charges or other amounts are required to be withheld from any amounts payable to Agent, Agent or any Bank hereunder, the amounts so payable to Agent or such Bank shall be increased to the extent necessary to yield to Agent or such Bank (after payment of all such amounts) any such amounts payable hereunder in the amounts, amounts specified in this Guaranty. Upon reasonable request by AgentAgent or any Bank, each Subsidiary Guarantor shall furnish evidence satisfactory to Agent or such Bank 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 2 contracts

Samples: Credit Agreement (Quantum Corp /De/), Security Agreement (Indus International Inc)

Payments Free of Taxes, Etc. All payments made by each Subsidiary Guarantor under this Guaranty shall be made by each Subsidiary Guarantor free and clear of and without deduction for any and all present and future taxes, levies, charges, deductions and withholdings. In addition, each Subsidiary Guarantor 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 Guaranty. If any taxes, levies, charges or other amounts are required to be withheld from any amounts payable to Agent, Agent or any Lender hereunder, the amounts so payable to Agent or such Lender shall be increased to the extent necessary to yield to Agent or such Lender (after payment of all such amounts) any such amounts payable hereunder in the amounts, amounts specified in this Guaranty. Upon reasonable request by AgentAgent or any Lender, each Subsidiary Guarantor shall furnish evidence satisfactory to Agent or 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.

Appears in 2 contracts

Samples: Credit Agreement (Adac Laboratories), Credit Agreement (Adac Laboratories)

Payments Free of Taxes, Etc. All payments made by each Subsidiary Guarantor under this Guaranty shall be made by each Subsidiary Guarantor free and clear of and without deduction for any and all present and future taxes, levies, charges, deductions and withholdingswithholdings except for taxes based on Lender’s net income. In addition, each Subsidiary Guarantor 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 Guaranty. If any taxes, levies, charges or other amounts are required to be withheld from any amounts payable to AgentLender, hereunder, the amounts so payable to Agent Lender shall be increased to the extent necessary to yield to Agent Lender (after payment of all such amounts) any such amounts payable hereunder in the amounts, specified in this Guaranty. Upon reasonable request by AgentLender, each Subsidiary Guarantor shall furnish evidence satisfactory to 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 1 contract

Samples: Guaranty and Security Agreement (Entropic Communications Inc)

AutoNDA by SimpleDocs

Payments Free of Taxes, Etc. All payments made by each Subsidiary Guarantor under this Subsidiary Guaranty shall be made by each Subsidiary Guarantor free and clear of and without deduction for any and all present and future taxes, levies, charges, deductions and withholdings. In addition, each Subsidiary Guarantor 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 Subsidiary Guaranty. If any taxes, levies, charges or other amounts are required to be withheld from any amounts payable to Agent, any Noteholder hereunder, the amounts so payable to Agent such Noteholder shall be increased to the extent necessary to yield to Agent such Noteholder (after payment of all such amounts) any such amounts payable hereunder in the amounts, amounts specified in this Subsidiary Guaranty. Upon reasonable request by Agentany Noteholder, each Subsidiary Guarantor shall furnish evidence satisfactory to Agent such Noteholder 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: Execution (Drew Industries Incorporated)

Payments Free of Taxes, Etc. All payments made by each Subsidiary Guarantor under this Guaranty shall be made by each Subsidiary Guarantor free and clear of and without deduction for any and all present and future taxes, levies, charges, deductions and withholdings. In addition, each Subsidiary Guarantor 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 Guaranty. If any taxes, levies, charges or other amounts are required to be withheld from any amounts payable to Agent, Agent or any Lender hereunder, the amounts so payable to Agent or such Lender shall be increased to the extent necessary to yield to Agent or such Lender (after payment of all such amounts) any such amounts payable hereunder in the amounts, amounts specified in this Guaranty. Upon reasonable request by AgentAgent or any Lender, each Subsidiary Guarantor shall furnish evidence satisfactory to Agent or 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.

Appears in 1 contract

Samples: Guaranty (Lam Research Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.