Payments Free of Taxes; Obligation to Withhold; Tax Payment. All payments of Obligations by the Obligors shall be made without deduction or withholding for any Taxes, except as required by Applicable Law. If Applicable Law (as determined by Agent in its good faith discretion) requires the deduction or withholding of any Tax from any such payment by the Agent or an Obligor, then the Agent or such Obligor shall be entitled to make such deduction or withholding based on information and documentation provided pursuant to Section 5.10.
Appears in 1 contract
Payments Free of Taxes; Obligation to Withhold; Tax Payment. All payments of Obligations by the Obligors shall be made without deduction or withholding for any Taxes, except as required by Applicable Law. If Applicable Law (as determined by Administrative Agent in its good faith discretion) requires the deduction or withholding of any Tax from any such payment by the Administrative Agent or an Obligor, then the Administrative Agent or such Obligor shall be entitled to make such deduction or withholding based on information and documentation provided pursuant to Section 5.10.
Appears in 1 contract
Samples: Term Loan and Security Agreement (Commercial Vehicle Group, Inc.)
Payments Free of Taxes; Obligation to Withhold; Tax Payment. All payments of Obligations by the Obligors shall be made without deduction or withholding for any Taxes, except as required by Applicable Law. If Applicable Law (as determined by Agent in its good faith discretionPermitted Discretion) requires the deduction or withholding of any Tax from any such payment by the Agent or an Obligor, then the Agent or such Obligor shall be entitled to make such deduction or withholding based on information and documentation provided pursuant to Section 5.10.
Appears in 1 contract
Samples: Loan and Security Agreement (Hydrofarm Holdings Group, Inc.)
Payments Free of Taxes; Obligation to Withhold; Tax Payment. All payments of Obligations by the Obligors shall be made without deduction or withholding for any Taxes, except as required by Applicable Law. If Applicable Law (as determined by Agent in its good faith discretion) requires the deduction or withholding of any Tax from any such payment by the Agent or an Obligor, then the Agent or such Obligor shall be entitled to make such deduction or withholding based on information and documentation provided pursuant to Section 5.10.
Appears in 1 contract
Samples: Loan and Security Agreement (Commercial Vehicle Group, Inc.)