VAT. All amounts set out, or expressed to be payable under a Finance Document by any Party to a Finance Document shall be deemed to be exclusive of any VAT. If VAT is chargeable, the Borrower shall pay to the Agent for the account of such Finance Party (in addition to the amount required pursuant to the Finance Documents) an amount equal to such VAT.
Appears in 23 contracts
Samples: Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement (Seadrill Partners LLC), Term Loan and Revolving Credit Facilities Agreement (Seadrill Partners LLC)
VAT. All amounts set out, or expressed to be payable under a Finance Document by any Party to a Finance Document shall be deemed to be exclusive of any VAT. If VAT is chargeable, the Borrower Borrowers shall pay to the Agent for the account of such Finance Party (in addition to the amount required pursuant to the Finance Documents) an amount equal to such VAT.
Appears in 7 contracts
Samples: Term Loan Facility (Flex LNG Ltd.), Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement
VAT. All amounts set out, or expressed to be payable under a Finance Document by any Party to a Finance Document shall be deemed to be exclusive of any VAT. If VAT is chargeable, the Borrower shall pay to the GIEK Facility Agent for the account of such Finance Party (in addition to the amount required pursuant to the Finance Documents) an amount equal to such VAT.
Appears in 4 contracts
Samples: Senior Secured Term Loan Facility Agreement, Senior Secured Term Loan Facility Agreement, Senior Secured Term Loan Facility Agreement (Seadrill Partners LLC)
VAT. All amounts set out, out or expressed in a Finance Document to be payable under a Finance Document by any Party an Obligor to a Finance Document Party shall be deemed to be exclusive of any VAT. If , and accordingly, if VAT is chargeableor becomes chargeable on any supply made by any Finance Party to an Obligor under a Finance Document, the Borrower Obligor shall pay to the Agent for the account of such Finance Party (in addition to and at the amount required pursuant to the Finance Documentssame time as paying any other consideration) an amount equal to the amount of such VAT.
Appears in 3 contracts
Samples: Senior Secured Term Loan Facility Agreement (Flex LNG Ltd.), Senior Secured Term Loan Facility Agreement (Flex LNG Ltd.), Term Loan Facility Agreement (KNOT Offshore Partners LP)
VAT. All amounts set out, or expressed to be payable under a Finance Document by any Finance Party to a Finance Document shall be deemed to be exclusive of any VAT. If VAT is chargeable, the Borrower relevant Obligor shall pay to the Agent for the account of such Finance Party (in addition to the amount required pursuant to the Finance Documents) an amount equal to such VAT.
Appears in 2 contracts
Samples: Senior Secured Credit Facilities Agreement, Senior Secured Credit Facilities Agreement (KNOT Offshore Partners LP)
VAT. All amounts set out, or expressed to be payable under a Finance Document by any Party to a Finance Document shall be deemed to be exclusive of any VAT. If VAT is chargeable, the applicable Borrower shall pay to the Agent for the account of such Finance Party (in addition to the amount required pursuant to the Finance Documents) an amount equal to such VAT.
Appears in 1 contract
Samples: China Eca Facility Framework Agreement (Seadrill Partners LLC)
VAT. All amounts set out, or expressed to be payable under a Finance Document by any Party to a Finance Document shall be deemed to be exclusive of any VAT. VAT If VAT is chargeable, the Borrower shall pay to the Agent for the account of such Finance Party (in addition to the amount required pursuant to the Finance Documents) an amount equal to such VAT.
Appears in 1 contract
Samples: Revolving Credit Facility Agreement (Nordic American Tanker Shipping LTD)
VAT. All amounts set out, or expressed to be payable under a Finance Document by any Party to a Finance Document shall be deemed to be exclusive of any VAT. If VAT is chargeable, the Borrower Borrowers shall pay to the Agent for the account of such Finance Party (in addition to the amount required pursuant to the Finance Documents) an amount equal to such VAT.. 13 INCREASED COSTS
Appears in 1 contract
VAT. All amounts set out, or expressed to be payable under a Finance Document by any Party to a Finance Document shall be deemed to be exclusive of any VAT. If VAT is chargeable, the Borrower shall pay to the Agent for the account of such Finance Party (in addition to the amount required pursuant to the Finance Documents) Lender an amount equal to such VAT.
Appears in 1 contract
Samples: Term Loan Facility Agreement (B Plus H Ocean Carriers LTD)
VAT. All amounts set out, or expressed to be payable under a Finance Document by any Party to a Finance Document shall be deemed to be exclusive of any VAT. If VAT is chargeable, the Borrower relevant Obligor shall pay to the Agent for the account of such Finance Party (in addition to the amount required pursuant to the Finance Documents) an amount equal to such VAT.
Appears in 1 contract
Samples: Multicurrency Revolving Credit Facility Agreement (Pra Group Inc)
