Common use of Payments Subject to Taxes Clause in Contracts

Payments Subject to Taxes. If any Credit Party, the Agent or any Lender is required by Applicable Law to deduct or pay any Indemnified Taxes (including any Other Taxes) in respect of any payment by or on account of any obligation of a Credit Party hereunder or under any other Loan Document, then (i) the sum payable shall be increased by that Credit Party when payable as necessary so that after making or allowing for all required deductions and payments (including deductions and payments applicable to additional sums payable under this Section) the Agent or Lender, as the case may be, receives an amount equal to the sum it would have received had no such deductions or payments been required, (ii) the Credit Party shall make any such deductions required to be made by it under Applicable Law and (iii) the Credit Party shall timely pay the full amount required to be deducted to the relevant Governmental Authority in accordance with Applicable Law.

Payments Subject to Taxes. If any Credit Party, the Agent Party or any Lender is required by Applicable Law Laws to deduct or pay any Indemnified Taxes (including any Other Taxes) in respect of any payment by or on account of any obligation of a Credit Party hereunder or under any other Loan Document, then (i) the sum payable shall be increased by that Credit Party the Borrowers when payable as necessary so that after making or allowing for all required deductions and payments (including deductions and payments applicable to additional sums payable under this Section) the Agent or Lender, as the case may be, such Lender receives an amount equal to the sum it would have received had no such deductions or payments been required, (ii) the Credit Party Parties shall make any such deductions required to be made by it under Applicable Law Laws and (iii) the Credit Party Parties shall timely pay the full amount required to be deducted to the relevant Governmental Authority in accordance with Applicable LawLaws.

Payments Subject to Taxes. If any Credit Loan Party, the Administrative Agent or any Lender is required by Applicable Law to deduct or pay any Indemnified Taxes (including any Other Taxes) in respect of any payment by or on account of any obligation of a Credit Loan Party hereunder or under any other Loan Credit Document, then (i) the sum payable shall be increased by that Credit Loan Party when payable as necessary so that after making or allowing for all required deductions and payments (including deductions and payments applicable to additional sums payable under this Section) the Administrative Agent or Lender, as the case may be, receives an amount equal to the sum it would have received had no such deductions or payments been required, (ii) the Credit Loan Party shall make any such deductions required to be made by it under Applicable Law and (iii) the Credit Loan Party shall timely pay the full amount required to be deducted to the relevant Governmental Authority in accordance with Applicable Law.

Payments Subject to Taxes. If any Credit Party, the Agent or any Lender is required by Applicable Law to deduct or pay any Indemnified Taxes (including any Other Taxes) in respect of any payment by or on account of any obligation of a Credit Party hereunder or under any other Loan Document, then (i) the sum payable shall be increased by that Credit Party when payable as necessary so that after making or allowing for all required deductions and payments (including deductions and payments applicable to additional sums payable under this Section) the Agent or Lender, as the case may be, receives an amount equal to the LEGAL_1:22094689.5 -66- sum it would have received had no such deductions or payments been required, (ii) the Credit Party shall make any such deductions required to be made by it under Applicable Law and (iii) the Credit Party shall timely pay the full amount required to be deducted to the relevant Governmental Authority in accordance with Applicable Law.