Common use of Tax Credit Payment Clause in Contracts

Tax Credit Payment. If an additional payment is made under Clause 16 (Tax gross-up and indemnities) by an Obligor for the benefit of any Finance Party, including for the avoidance of doubt any payment in respect of any deduction or withholding, and such Finance Party, in its reasonable discretion, determines that it has obtained a credit against, a relief or remission for, or repayment of, any tax, then, if and to the extent that such Finance Party, in its sole opinion, determines that:

Appears in 2 contracts

Samples: Agreement (Kronos International Inc), Second Amendment Agreement (Kronos International Inc)

AutoNDA by SimpleDocs

Tax Credit Payment. If an additional payment is made under Clause 16 (Tax gross-up and indemnitiesindemni­ties) by an Obligor for the benefit of any Finance Party, including for the avoidance avoid­ance of doubt any payment in respect of any deduction or withholding, and such Finance Party, in its reasonable discretion, determines that it has obtained a credit against, a relief or remission for, or repayment of, any tax, then, if and to the extent that such Finance Party, in its sole opinion, determines that:

Appears in 2 contracts

Samples: Agreement (Kronos International Inc), Agreement (Kronos International Inc)

Tax Credit Payment. If an additional payment is made under Clause 16 15 (Tax gross-up and indemnities) by an Obligor for the benefit of any Finance Party, including for the avoidance of doubt any payment in respect of any deduction or withholding, and such Finance Party, in its reasonable discretion, determines that it has obtained a credit against, a relief or remission for, or repayment of, any tax, then, if and to the extent that such Finance Party, in its sole opinion, determines that:

Appears in 1 contract

Samples: Agreement (Kronos Worldwide Inc)

Tax Credit Payment. If an additional payment is made under Clause 16 ‎16 (Tax gross-up and indemnities) by an Obligor for the benefit of any Finance Party, including for the avoidance of doubt any payment in respect of any deduction or withholding, and such Finance Party, in its reasonable discretion, determines that it has obtained a credit against, a relief or remission for, or repayment of, any tax, then, if and to the extent that such Finance Party, in its sole opinion, determines that:

Appears in 1 contract

Samples: Agreement (Kronos International Inc)

AutoNDA by SimpleDocs

Tax Credit Payment. If an additional payment is made under Clause 16 24 (Tax gross-up and indemnities) by an Obligor for the benefit of any Finance Party, including for the avoidance of doubt any payment in respect of any deduction or withholding, and such Finance Party, in its reasonable discretion, determines that it has obtained a credit against, a relief or remission for, or repayment of, any tax, then, if and to the extent that such Finance Party, in its sole opinion, determines that:

Appears in 1 contract

Samples: Agreement (Kronos International Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.