Common use of Stamp or Excise Tax Clause in Contracts

Stamp or Excise Tax. Should any stamp or excise tax be payable in respect of this Agreement, the Revolving Loan Note and other documents to be delivered hereunder, or any modification hereof or thereof, Borrowers (or either of them) shall pay the same and shall hold Lender harmless from any and all liabilities with respect to or resulting from any delay in paying or any failure to pay such taxes.

Appears in 1 contract

Samples: Loan and Security Agreement (WLG Inc)

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Stamp or Excise Tax. Should any stamp or excise tax be payable in respect of this Agreement, the Revolving Term Loan Note and other documents to be delivered hereunder, or any modification hereof or thereof, Borrowers (or either of them) shall pay the same and shall hold Lender harmless from any and all liabilities with respect to or resulting from any delay in paying or any failure to pay such taxes.

Appears in 1 contract

Samples: Loan and Security Agreement (Igames Entertainment Inc)

Stamp or Excise Tax. Should any stamp or excise tax be payable in respect of this Agreement, the Revolving Loan Note Note, and the other documents to be delivered hereunder, or any modification hereof or thereof, Borrowers (or either of them) Borrower shall pay the same and shall hold Lender harmless from any and all liabilities with respect to or resulting from any delay in paying or any failure omission to pay such taxes, except to the extent not permitted by applicable law or regulation.

Appears in 1 contract

Samples: Loan Agreement (Penson Worldwide Inc)

Stamp or Excise Tax. Should any stamp or excise tax be payable in ------------------- respect of this Agreement, the Revolving Loan Note and other documents to be delivered hereunder, or any modification hereof or thereof, Borrowers (or either of them) Borrower shall pay the same and shall hold Lender harmless from any and all liabilities with respect to or resulting from any delay in paying or any failure to pay such taxes.

Appears in 1 contract

Samples: Loan and Security Agreement (Power2ship Inc)

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Stamp or Excise Tax. Should any stamp or excise tax be payable in respect of this Agreement, the Revolving Loan Note and other documents to be delivered hereunder, or any modification hereof or thereof, Borrowers (or either of them) Borrower shall pay the same and shall hold Lender harmless from any and all liabilities with respect to or resulting from any delay in paying or any failure to pay such taxes.

Appears in 1 contract

Samples: Loan and Security Agreement (Hesperia Holding Inc)

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