Bank Taxes definition

Bank Taxes means, in the case of each Bank, the Administrative Agent, each Eligible Assignee, and any Affiliate or Lending Office thereof: (a) taxes imposed on or measured in whole or in part by its overall net income, gross income or gross receipts or capital and franchise taxes imposed on it, by (i) any jurisdiction (or political subdivision thereof) in which it is organized or maintains its principal office or Lending Office or (ii) any jurisdiction (or political subdivision thereof) in which it is "doing business" (unless it would not be doing business in such jurisdiction (or political subdivision thereof) absent the transactions contemplated hereby), (b) any withholding taxes or other taxes based on gross income imposed by the United States of America (other than withholding taxes and taxes based on gross income resulting from or attributable to any change in any law, rule or regulation or any change in the interpretation or administration of any law, rule or regulation by any Governmental Authority in each case after the date hereof) or (c) any withholding taxes or other taxes based on gross income imposed by the United States of America for any period with respect to which it has failed to provide Borrower with the appropriate form or forms required by Section 10.20, to the extent such forms are then required by any Requirement of Law.
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Bank Taxes means, in the case of each Bank, the Administrative Agent and each Eligible Assignee, and any Affiliate, the Issuing Bank or Lending Office thereof: (a) taxes imposed on or measured in whole or in part by its overall net income, gross income or gross receipts or capital and franchise taxes imposed on it, by (i) any jurisdiction (or political subdivision thereof) in which it is organized or maintains its principal office or Lending Office or
Sample 1
Bank Taxes means, in the case of each Bank, the Administrative Agent and each Eligible Assignee, and any Affiliate or Lending Office thereof: (a) taxes imposed on or measured in whole or in part by its overall net income, gross income or gross receipts or capital and franchise taxes imposed on it, by (i) any jurisdiction (or political subdivision thereof) in which it is organized or maintains its principal office or Lending Office or (ii) any jurisdiction (or political subdivision thereof) in which it is "doing business" (unless it would not be doing business in such jurisdiction (or political subdivision thereof) absent the transactions contemplated hereby), (b) any withholding taxes or other taxes based on gross income imposed by the United States of America (other than withholding taxes and
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Examples of Bank Taxes in a sentence

  • If the Borrower fails to pay any Taxes, other than Bank Taxes, when due to the appropriate taxing authority or fails to remit to any such Lender or the Agent the required receipts, the Borrower shall indemnify such Lender or the Agent for any such Taxes, interest, penalties or additions to such Tax that may become payable by such Lender or the Agent as a result of any such failure.

  • Jeremy Scott, Comparing the Camp and Obama Bank Taxes, FORBES, Mar.

  • The Borrower further agrees to pay the Fixed Rate Price Adjustment and Bank Taxes, if any, whether or not a Bank elects to purchase, sell and/or match funds.

  • Parliamentary Budget Office, Policy costing—during the caretaker period for the 2016 general election, GRN084: Tackling Obesity – Sugar Sweetened Beverages (2016).36 World Bank, Taxes on Sugar-Sweetened Beverages: International Evidence and Experiences (Report, September 2020), (“World Bank SSB Report”) 24-30.

  • The Guarantor shall, promptly upon request by the Secured Party for the payment thereof, pay to the Secured Party, as the case may be (i) all taxes (other than Bank Taxes) payable by the Secured Party with respect to any payment due to the Secured Party, and (ii) all taxes (including Bank Taxes) payable by the Secured Party as a result of payments made by the Guarantor (whether made to a taxing authority or to the Secured Party, pursuant to this Section 9.1).

  • In addition, any amount that otherwise would be considered "Bank Taxes" or "Other Taxes" for purposes of this Section 12.4 shall be excluded therefrom if the Bank either has transferred the domicile of its Loans pursuant to Section 13.12 or changed the Applicable Lending Office with respect to such Loans and such amount would not have been incurred had such transfer or change not been made.

  • Bank Taxes For the three months ended June 30 For the six months ended June 30 ($000s)20102009 20102009Bank taxes$ 10 $2$ Colombian bank taxes are levied at a rate of 0.4 percent on the value of every payment.

  • Notwithstanding anything to the contrary contained herein, the Borrower shall not be required to pay any additional amount in respect of Bank Taxes payable by the Administrative Agent, such Issuing Bank or such Lender, as the case may be, with respect to any payment due to the Administrative Agent, such Issuing Bank or such Lender under the Loan Documents.


More Definitions of Bank Taxes

Bank Taxes means any net income or franchise tax imposed upon any Lender by any jurisdiction (or political subdivision thereof) in which such Lender or any of its Lending Offices is located.
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Bank Taxes means any and all present or future taxes, levies, imposts, deductions, withholdings, duties, fees, commissions or other charges, of whatsoever nature, and all liabilities paid with respect thereto imposed by any Governmental Authority or taxing or monetary authority thereof, other than any tax imposed on or measured by the net income or capital of a Lender pursuant to the laws of the jurisdiction of its place of incorporation or in which the principal office or the office from which such Lender books its Loans is located.
Sample 1
Bank Taxes means (i) any Tax based on or measured by net income of a Lender Party, any franchise Tax and any doing business Tax imposed upon any Lender Party by any jurisdiction (or any political subdivision thereof) in which such Lender Party or any lending office of a Lender Party is located and (ii) for the purposes of Section 1.13, any other Tax imposed by a jurisdiction other than the United States or a political subdivision thereof that would not have been imposed but for a present or former connection between such Lender Party or lending office (as the case may be) and such jurisdiction.
Sample 1
Bank Taxes means (i) net income, capital, doing business and franchise taxes imposed on the Administrative Agent, the Letter of Credit Agent or a Bank by the jurisdiction (a) under the laws of which the Administrative Agent, the Letter of Credit Agent or such Bank is organized or any political subdivision or taxing authority thereof or therein, (b) in which such Bank's lending office is located or any political subdivision or taxing authority thereof or therein or (c) in which such Bank is doing business or any political subdivision or taxing authority thereof or therein and (ii) any tax, charge, fee, levy, impost, duty, deduction or withholding that would not have been imposed but for the existence of any present or former connection between the Administrative Agent, the Letter of Credit Agent or Bank, as relevant (or between shareholders of such Administrative Agent, the Letter of Credit Agent or Bank), and the United States or any political subdivision thereof imposing such tax, charge, fee, levy, impost, duty, deduction or withholding including, without limitation, the Administrative Agent, the Letter of Credit Agent or Bank (or shareholders thereof) being or having been a resident thereof, being or having been present therein, being or having been engaged in a trade or business therein, or having had a permanent establishment or fixed place of business therein (but excluding a connection arising from the Administrative Agent's, Letter of Credit Agent's or a Bank's execution or enforcement of or performance of its obligations under or receipt of payment under the Loan Documents).
Sample 1
Bank Taxes means, in the case of each Bank, the Administrative Agent and each Eligible Assignee, and any Affiliate, the Issuing Bank or Lending Office thereof: (a) taxes imposed on or measured in whole or in part by its overall net income, gross income or gross receipts or capital and franchise taxes imposed on it, by (i) any jurisdiction (or political subdivision thereof) in which it is organized or maintains its principal office or Lending Office or (ii) any jurisdiction (or political subdivision thereof) in which it is "doing business" (unless it would not be doing business in such jurisdiction (or political subdivision thereof) absent the transactions contemplated hereby), (b) any withholding taxes or other taxes based on gross income imposed by the United States of America (other than withholding taxes and taxes based on gross income resulting from or attributable to any change in any law, rule or regulation or any change in the interpretation or administration of any law, rule or regulation by any Governmental Authority) or (c) any withholding taxes or other taxes based on gross income imposed by the United States of America for any period with respect to which it has failed to provide Borrower with the appropriate form or forms required by Section 10.22, to the extent such forms are then required by applicable Laws.
Sample 1
Bank Taxes means, in the case of each Bank, the Agent and each Eligible Assignee, and any Affiliate, the Issuing Bank or Lending Office thereof: (a) taxes imposed on or measured in whole or in part by its overall net income, gross income or gross receipts or capital and franchise taxes imposed on it, by (i) any jurisdiction (or political subdivision thereof) in which it is organized or maintains its principal office or Lending Office or (ii) any jurisdiction (or political subdivision thereof) in which it is "doing business" (unless it would not be doing business in such jurisdiction (or political subdivision thereof) absent the transactions contemplated hereby), (b) any withholding taxes or other taxes based on gross income imposed by the United States of America (other than withholding taxes and taxes based on gross income resulting from or attributable to any change in any law, rule or regulation or any change in the interpretation or administration of any law, rule or regulation by any Governmental Authority)
Sample 1

Related to Bank Taxes

  • Cash Taxes in respect of any fiscal period means amounts actually paid by the Companies in such fiscal period in respect of income and capital Taxes (whether relating to such fiscal period or any other fiscal period).

  • Canadian Taxes has the meaning specified in Section 11.05.

  • Taxes means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto.

  • Seller’s Taxes shall have the meaning set forth in Section 5.4(a) hereof.

  • Asset Taxes means all ad valorem, property, excise, severance, production or similar Taxes (including any interest, fine, penalty or addition to Tax imposed by a taxing authority in connection with such Taxes) based upon operation or ownership of the Assets or the production of Hydrocarbons therefrom but excluding, for the avoidance of doubt, (a) income, capital gains, franchise and similar Taxes and (b) Transfer Taxes.

  • Other Taxes means all present or future stamp or documentary taxes or any other excise or property taxes, charges or similar levies arising from any payment made hereunder or under any other Loan Document or from the execution, delivery or enforcement of, or otherwise with respect to, this Agreement or any other Loan Document.

  • Excluded Taxes means any of the following Taxes imposed on or with respect to any Recipient or required to be withheld or deducted from a payment to a Recipient, (a) Taxes imposed on or measured by net income (however denominated), franchise Taxes, and branch profits Taxes, in each case, (i) imposed as a result of such Recipient being organized under the laws of, or having its principal office or, in the case of any Lender, its Lending Office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) that are Other Connection Taxes, (b) in the case of a Lender, U.S. federal withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an applicable interest in a Loan or Commitment pursuant to a law in effect on the date on which (i) such Lender acquires such interest in the Loan or Commitment (other than pursuant to an assignment request by the Borrower under Section 10.13) or (ii) such Lender changes its Lending Office, except in each case to the extent that, pursuant to Section 3.01(a)(ii), (a)(iii) or (c), amounts with respect to such Taxes were payable either to such Lender’s assignor immediately before such Lender became a party hereto or to such Lender immediately before it changed its Lending Office, (c) Taxes attributable to such Recipient’s failure to comply with Section 3.01(e) and (d) any U.S. federal withholding Taxes imposed pursuant to FATCA.

  • Seller Taxes has the meaning set forth in Section 11.1(f).

  • Further Taxes means any and all present or future taxes, levies, assessments, imposts, duties, deductions, fees, withholdings or similar charges (including, without limitation, net income taxes and franchise taxes), and all liabilities with respect thereto, imposed by any jurisdiction on account of amounts payable or paid pursuant to Section 4.01.

  • Related Taxes means (i) any Taxes, including sales, use, transfer, rental, ad valorem, value added, stamp, property, consumption, franchise, license, capital, registration, business, customs, net worth, gross receipts, excise, occupancy, intangibles or similar Taxes and other fees and expenses (other than (x) Taxes measured by income and (y) withholding Taxes), required to be paid (provided such Taxes are in fact paid) by any Parent Entity by virtue of its:

  • Tax or Taxes means any federal, state, provincial, local, foreign or other tax (including any income tax, franchise tax, capital gains tax, gross receipts tax, value-added tax, surtax, estimated tax, excise tax, ad valorem tax, transfer tax, stamp tax, sales tax, use tax, property tax, withholding tax or payroll tax), and any related fine, penalty or interest, imposed, assessed or collected by or under the authority of any governmental body, whether disputed or not.

  • Payment in lieu of taxes means those estimated tax revenues from real property in a redevelopment project area derived from real property that has been acquired by a municipality which according to the redevelopment project or plan is to be used for a private use which taxing districts would have received had a municipality not acquired the real property and adopted tax increment allocation financing and which would result from levies made after the time of the adoption of tax increment allocation financing to the time the current equalized value of real property in the redevelopment project area exceeds the total initial equalized value of real property in said area.

  • U.S. Taxes means any present or future tax, assessment or other charge or levy imposed by or on behalf of the United States of America or any taxing authority thereof or therein.

  • Transaction Taxes has the meaning set forth in Section 2.6.

  • Other Connection Taxes means, with respect to any Recipient, Taxes imposed as a result of a present or former connection between such Recipient and the jurisdiction imposing such Tax (other than connections arising from such Recipient having executed, delivered, become a party to, performed its obligations under, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document).

  • Income Taxes means any Tax which is based upon, measured by, or calculated with respect to (i) net income or profits (including, but not limited to, any capital gains, gross receipts, value added or minimum Tax) or (ii) multiple bases (including, but not limited to, corporate franchise, doing business or occupation Taxes) if one or more of the bases upon which such Tax may be based, by which it may be measured, or with respect to which it may be calculated is described in clause (i) of this sentence.

  • Local taxes means all taxes levied other than taxes levied for school operating purposes.

  • Base Taxes means the Taxes payable for the Base Tax Year.

  • Foreign taxes means value-added taxes and custom duties assessed by a foreign government on a commodity. It does not include foreign sales taxes.

  • Indirect Taxes means value added taxes, sales taxes, consumption taxes and other similar taxes.

  • Withholding Taxes means any taxes, including, but not limited to, social security and Medicare taxes and federal, state and local income taxes, required to be withheld under any applicable law.

  • Connection Income Taxes means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes.

  • Consolidated Taxes means, with respect to any Person for any period, the provision for taxes based on income, profits or capital, including, without limitation, state, franchise, property and similar taxes, foreign withholding taxes (including penalties and interest related to such taxes or arising from tax examinations) and any Tax Distributions taken into account in calculating Consolidated Net Income.

  • Tax Liabilities means all liabilities for Taxes.

  • Conveyance Taxes means all sales, use, value added, transfer, stamp, stock transfer, real property transfer or gains and similar Taxes.

  • Indemnified Taxes means Taxes other than Excluded Taxes.