Selection of Lending Office. If a Borrower is or is likely to be required to pay additional amounts to or for the account of any Tax Indemnified Party pursuant to this Section 4.1, then such Tax Indemnified Party will agree, upon request of such Borrower, to use reasonable efforts to change the jurisdiction of its Lending Office so as to eliminate or reduce any such additional payment which may thereafter accrue if such change, in the good faith judgment of such Tax Indemnified Party, would eliminate or reduce amounts payable pursuant to this Section 4.1 in the future, and is not otherwise disadvantageous to such Tax Indemnified Party.
Appears in 3 contracts
Samples: Revolving Credit Agreement (T Series Middle Market Loan Fund LLC), Revolving Credit Agreement (T Series Middle Market Loan Fund LLC), Revolving Credit Agreement (T Series Middle Market Loan Fund LLC)
Selection of Lending Office. If a any Borrower is or is likely to be required to pay additional amounts to or for the account of any Tax Indemnified Party pursuant to this Section 4.14.7, then such Tax Indemnified Party will agree, upon request of such Borrower, agree to use reasonable efforts to change the jurisdiction of its Applicable Lending Office Office, if applicable, so as to eliminate or reduce any such additional payment which may thereafter accrue if such change, in the good faith judgment of such Tax Indemnified Party, would eliminate or reduce amounts payable pursuant to this Section 4.1 in the future, and is not otherwise materially disadvantageous to such Tax Indemnified Party.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Blackstone / GSO Secured Lending Fund), Revolving Credit Agreement (Blackstone / GSO Secured Lending Fund)
Selection of Lending Office. If a Borrower is or is likely to be required to pay additional amounts to or for the account of any Tax Indemnified Party pursuant to USActive 58236919.3 -67- this Section 4.1, then such Tax Indemnified Party will agree, upon request of such Borrower, to use reasonable efforts to change the jurisdiction of its Lending Office so as to eliminate or reduce any such additional payment which may thereafter accrue if such change, in the good faith judgment of such Tax Indemnified Party, would eliminate or reduce amounts payable pursuant to this Section 4.1 in the future, and is not otherwise disadvantageous to such Tax Indemnified Party.
Appears in 1 contract
Samples: Revolving Credit Agreement (T Series Middle Market Loan Fund LLC)