Payments Net of Taxes. All payments and prepayments of principal and interest under this Agreement shall be made net of any taxes and costs resulting from having principal outstanding at or computed with reference, to a LIBOR Rate. Without limiting the generality of the preceding obligation, illustrations of such taxes and costs are taxes, or the withholding of amounts for taxes, of any nature whatsoever including income, excise, interest equalization taxes (other than United States or state income taxes) as well as all levies, imposts, duties or fees whether now in existence or as the result of a change in or promulgation of any treaty, statute, regulation, or interpretation thereof or any directive, guideline or otherwise by a central bank or fiscal authority (whether or not having the force of law) or a change in the basis of, or the time of payment of, such taxes and other amounts resulting therefrom.
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Samples: Acquisition Loan Agreement (Charter Municipal Mortgage Acceptance Co), Mortgage Warehousing Credit and Security Agreement (Charter Municipal Mortgage Acceptance Co), Acquisition Loan Agreement (Chartermac)
Payments Net of Taxes. All payments and prepayments of principal and interest under this Agreement Note shall be made net of any taxes and costs resulting from having principal outstanding at or computed with reference, reference to a LIBOR LIBO Rate. Without limiting the generality of the preceding obligation, illustrations of such taxes and costs are taxes, or the withholding of amounts for taxes, of any nature whatsoever including income, excise, interest equalization taxes (other than United States or state income taxes) as well as all levies, imposts, duties or fees whether now in existence or as the result of a change in or promulgation of any treaty, statute, regulation, or interpretation thereof or any directive, directive guideline or otherwise by a central bank or fiscal authority (whether or not having the force of law) or a change in the basis of, or the time of payment of, such taxes and other amounts resulting therefrom.
Appears in 2 contracts
Samples: 364 Day Revolving Credit Agreement (Energy Network Inc), Revolving Credit Agreement (Energy Network Inc)
Payments Net of Taxes. All payments and prepayments of principal and interest under this Agreement the Notes shall be made net of any taxes and costs resulting from having principal outstanding at or computed with reference, reference to a LIBOR Eurodollar Rate. Without limiting the generality of the preceding obligation, illustrations of such taxes and costs are taxes, or the withholding of amounts for taxes, of any nature whatsoever including income, excise, interest equalization taxes (other than United States or state income taxes) as well as all levies, imposts, duties or fees whether now in existence or as the result of a change in or promulgation of any treaty, statute, regulation, or interpretation thereof or any directive, guideline or otherwise by a central bank or fiscal authority (whether or not having the force of law) or a change in the basis of, or the time of payment of, such taxes and or other amounts resulting therefrom.
Appears in 2 contracts
Samples: Credit Agreement (Avatar Holdings Inc), Credit Agreement (Avatar Holdings Inc)
Payments Net of Taxes. All payments and prepayments of principal and interest under this Agreement each Note shall be made net of any taxes and costs resulting from having principal outstanding at or computed with reference, reference to a LIBOR RateLIBOR. Without limiting the generality of the preceding obligation, illustrations of such taxes and costs are taxes, or the withholding of amounts for taxes, of any nature whatsoever including income, excise, interest equalization taxes (other than United States or state income taxes) as well as all levies, imposts, duties or fees whether now in existence or which become in effect as the result of a change in or promulgation of any treaty, statute, regulationregulations, or interpretation thereof or any directive, directive guideline or otherwise by a central bank or fiscal authority (whether or not having the force of law) or a change in the basis of, or the time of payment of, such taxes and other amounts resulting therefrom.
Appears in 2 contracts
Samples: Commercial Loan Agreement (Micronetics Inc), Commercial Loan Agreement (Skillsoft Public Limited Co)
Payments Net of Taxes. All payments and prepayments of principal and interest under this Agreement Note shall be made net of any taxes and costs resulting from having principal outstanding at or computed with reference, reference to a LIBOR Based Rate. Without limiting the generality of the preceding obligation, illustrations of such taxes and costs are taxes, or the withholding of amounts for taxes, of any nature whatsoever including income, excise, interest equalization taxes (other than United States or state income taxes) as well as all levies, imposts, duties or fees whether now in existence or as the result of a change in or promulgation of any treaty, statute, regulation, or interpretation thereof or any directive, directive guideline or otherwise by a central bank or fiscal authority (whether or not having the force of law) or a change in the basis of, or the time of payment of, such taxes and other amounts resulting therefrom.
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Payments Net of Taxes. All payments and prepayments of principal and --------------------- interest under this Agreement Note shall be made net of any taxes and costs resulting from having principal outstanding at or computed with reference, reference to a LIBOR Rate. Without limiting the generality of the preceding obligation, illustrations of such taxes and costs are taxes, or the withholding of amounts for taxes, of any nature whatsoever including income, excise, interest equalization taxes (other than United States or state income taxes) as well as all levies, imposts, duties or fees whether now in existence or which become in effect as the result of a change in or promulgation of any treaty, statute, regulationregulations, or interpretation thereof or any directive, directive guideline or otherwise by a central bank or fiscal authority (whether or not having the force of law) or a change in the basis of, or the time of payment of, such taxes and other amounts resulting therefrom.
Appears in 1 contract
Samples: Term Note (Wpi Group Inc)
Payments Net of Taxes. All payments and prepayments prepayments of principal and interest under this Agreement Note shall be made net of any taxes and costs resulting from having principal outstanding at or computed with reference, reference to a LIBOR Eurodollar Rate. Without limiting the generality of the preceding obligation, illustrations of such taxes and costs are taxes, or the withholding of amounts for taxes, of any nature whatsoever including income, excise, interest equalization taxes (other than United States or state income taxes) as well as all levies, imposts, duties or fees whether now in existence or as the result of a change in or promulgation of any treaty, statute, regulation, or interpretation thereof or any directive, directive guideline or otherwise by a central bank or fiscal authority (whether or not having the force of law) or a change in the basis of, or the time of payment of, such taxes and other amounts resulting therefrom.
Appears in 1 contract
Samples: Demand Loan Agreement (Micro Component Technology Inc)
Payments Net of Taxes. All payments and prepayments prepay-ments of principal and interest under this Agreement Note shall be made net of any taxes and costs resulting from having principal outstanding at or computed with reference, reference to a LIBOR Based Rate. Without limiting the generality of the preceding obligation, illustrations of such taxes and costs are taxes, or the withholding of amounts for taxes, of any nature whatsoever including income, excise, interest equalization taxes (other than United States or state income taxes) as well as all levies, imposts, duties or fees whether now in existence or as the result of a change in or promulgation of any treaty, statute, regulation, or interpretation thereof or any directive, directive guideline or otherwise by a central bank or fiscal authority (whether or not having the force of law) or a change in the basis of, or the time of payment of, such taxes and other amounts resulting therefrom.
Appears in 1 contract
Samples: Loan Agreement (Techprecision Corp)
Payments Net of Taxes. All payments and prepayments of principal and interest under this Agreement shall be made net of any taxes and costs resulting from having principal outstanding at or computed with reference, to a LIBOR an Adjusted Libor Rate. Without limiting the generality of the preceding obligation, illustrations of such taxes and costs are taxes, or the withholding of amounts for taxes, of any nature whatsoever including income, excise, interest equalization taxes (other than United States or state income taxes) as well as all levies, imposts, duties or fees whether now in existence or as the result of a change in or promulgation of any treaty, statute, regulation, or interpretation thereof or any directive, directive guideline or otherwise by a central bank or fiscal authority (whether or not having the force of law) or a change in the basis of, or the time of payment of, such taxes and other amounts resulting therefrom.
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Payments Net of Taxes. All payments and prepayments of principal and interest under this Agreement Note shall be made net of any taxes and costs resulting from having principal outstanding at or computed with reference, reference to a LIBOR Libo Rate. Without limiting the generality of the preceding obligation, illustrations of such taxes and costs are taxes, or the withholding of amounts for taxes, of any nature whatsoever including income, excise, interest equalization taxes (other than United States or state income taxes) as well as all levies, imposts, duties or fees whether now in existence or as the result of a change in or promulgation of any treaty, statute, regulation, or interpretation thereof or any directive, directive guideline or otherwise by a central bank or fiscal authority (whether or not having the force of law) or a change in the basis of, or the time of payment of, such taxes and other amounts resulting therefrom.
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