United Kingdom Tax Matters. (a) The provisions of this Section 5.12 shall only apply in respect of any UK Borrower (a “Relevant Borrower”), and in respect of any such Relevant Borrower the provisions of Sections 5.9, 5.10 and 5.11 shall not apply.
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Samples: Loan, Guaranty and Security Agreement (Turtle Beach Corp)
United Kingdom Tax Matters. (ac) The provisions of this Section 5.12 shall only apply in respect of any UK Borrower (a “Relevant Borrower”), and in respect of any such Relevant UK Borrower the provisions of Sections 5.9, 5.10 and 5.11 shall not apply.
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Samples: Loan, Guaranty and Security Agreement (Parametric Sound Corp)
United Kingdom Tax Matters. (a) The provisions of this Section 5.12 shall only apply in respect of any UK Borrower (a “Relevant Borrower”), and in respect of any such Relevant UKRelevant Borrower the provisions of Sections 5.9, 5.10 and 5.11 shall not apply.
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Samples: Guaranty and Security Agreement (Turtle Beach Corp)
United Kingdom Tax Matters. (a) The provisions of this Section 5.12 shall only apply in respect of any UK Borrower (a “Relevant Borrower”)Tax Obligor, and in respect of any such Relevant Borrower UK Tax Obligor that is a UK Borrower, the provisions of Sections 5.9, 5.10 and 5.11 shall not apply, and in respect of any such UK Tax Obligor that is providing a guarantee in respect of a UK Borrower’s Obligations, the provision of Sections 5.9, 5.10 and 5.11 shall not apply to the extent that any payments by such a Guarantor are subject to a Tax Deduction imposed by the United Kingdom.
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