Reimbursement of Taxes. The Borrower shall pay all Taxes, duties, fees or other charges payable on or in connection with the execution, issue, delivery, registration, notarization or enforcement of the Financing Documents and shall, upon notice from the Lenders, reimburse the Lenders for any such Taxes, duties, fees or other charges paid by the Lenders thereon; provided, however, that notwithstanding the foregoing, under no circumstances shall the Borrower have any obligation to reimburse the Lenders for Excluded Taxes.
Appears in 8 contracts
Samples: Facility Agreement (Exelixis Inc), Facility Agreement (Ista Pharmaceuticals Inc), Facility Agreement (Hana Biosciences Inc)
Reimbursement of Taxes. The Borrower shall pay all Taxes, duties, fees or other charges payable on or in connection with the execution, issue, delivery, registration, notarization or enforcement of the Financing Documents and shall, upon notice from the LendersLender, reimburse the Lenders Lender for any such Taxes, duties, fees or other charges paid by the Lenders Lender thereon; provided, however, that notwithstanding the foregoing, under no circumstances shall the Borrower have any obligation to reimburse the Lenders Lender for Excluded Taxes.
Appears in 2 contracts
Samples: Loan Agreement (Nephros Inc), Loan Agreement (Composite Technology Corp)
Reimbursement of Taxes. The Borrower shall pay all Taxes, duties, fees or other charges payable on or in connection with the execution, issue, delivery, registration, notarization or enforcement of the Financing Documents and shall, upon notice from the LendersInvestors, reimburse the Lenders Investors for any such Taxes, duties, fees or other charges paid by the Lenders Investors thereon; provided, however, that notwithstanding the foregoing, under no circumstances shall the Borrower have any obligation to reimburse the Lenders Investors for Excluded Taxes.
Appears in 2 contracts
Samples: Facility Agreement (Array Biopharma Inc), Facility Agreement (Array Biopharma Inc)
Reimbursement of Taxes. The Borrower shall pay all Taxes, duties, fees or other charges payable on or in connection with the execution, issue, delivery, registration, notarization or enforcement of the Financing Facility Documents and shall, upon notice from the Lenders, reimburse the Lenders for any such Taxes, duties, fees or other charges paid by the Lenders thereon; provided, however, that notwithstanding the foregoing, under no circumstances shall the Borrower have any obligation to reimburse the Lenders for Excluded Taxes.
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