Permitted Tax Payments. (20) any payments required under a Tax Protection Agreement entered into by the Company or a Parent Entity;
Permitted Tax Payments. (10) upon the occurrence of a Change of Control and within 60 days after the completion of the offer to repurchase the Notes pursuant to Section 4.15 hereof, any purchase or redemption of Subordinated Debt required pursuant to the terms thereof as a result of such Change of Control; provided, however, that at the time of such purchase or redemption no Event of Default shall have occurred and be continuing (or would result therefrom);
Permitted Tax Payments. (13) the declaration and payment of dividends or distributions by the Operating Partnership to, or the making of loans to, the REIT or any other direct or indirect parent company of the Operating Partnership in amounts required for the REIT (or any such parent company) to pay, in each case without duplication, (a) franchise taxes and other fees, taxes and expenses required to maintain their corporate existence; (b) customary salary, bonus and other benefits or indemnification obligations payable to directors, officers, employees or consultants of the REIT (or any such parent company) to the extent such salaries, bonuses and other benefits or indemnification obligations are attributable to the ownership or operation of the Operating Partnership and the Restricted Subsidiaries, including the Operating Partnership’s proportionate share of such amounts relating to the REIT (or any such parent company) being a public company; (c) general corporate operating and overhead costs and expenses of the REIT (or any such parent company) to the extent such costs and expenses are attributable to the ownership or operation of the Operating Partnership and the Restricted Subsidiaries, including the Operating Partnership’s proportionate share of such amounts relating to the REIT (or any such parent company) being a public company; and (d) fees and expenses other than to Affiliates of the Operating Partnership related to any successful or unsuccessful financing transaction or Equity Offering;
Permitted Tax Payments. (4) so long as no Default or Event of Default shall have occurred and be continuing, repurchases of Capital Stock of the Company from officers, directors, employees or consultants pursuant to equity ownership or compensation plans not to exceed $500,000 in any year; and (5) so long as no Default or Event of Default shall have occurred and be continuing, other Restricted Payments in an aggregate amount not to exceed $5.0 million. In determining the aggregate amount of Restricted Payments made subsequent to the Issue Date in accordance with clause (iii) of the immediately preceding paragraph, amounts expended pursuant to clauses (1), (2), (4) and (5) shall be included in such calculation. Not later than the date of making any Restricted Payment, the Company shall deliver to the Trustee an officers' certificate stating that such Restricted Payment complies with this Indenture and setting forth in reasonable detail the basis upon which the required calculations were computed, which calculations may be based upon the Company's latest available internal quarterly financial statements.
Permitted Tax Payments. (20) any payments required under a Tax Protection Agreement entered into by the Company or a Parent Entity; (21) the making of Restricted Payments to fund the cash payment to be made by a Parent Entity upon cash settlement or net share settlement of any forward sale
