Reimbursable Taxes definition

Reimbursable Taxes has the meaning set forth in Section 3.7(a).
Reimbursable Taxes shall have the meaning specified in Section 3.2(f) hereof.
Reimbursable Taxes has the meaning set forth in Section 3(g)(i).

Examples of Reimbursable Taxes in a sentence

  • Promptly after the date on which payment of any Reimbursable Taxes is due pursuant to applicable law, the Companies will, at the request of the Administrative Agent, furnish to the Lenders evidence in form and substance satisfactory to the Lenders that the Companies have met their obligation under this subsection.

  • Debtor's obligation pursuant hereto shall exclude, however, any such taxes, levies, costs or charges imposed or determined by reference to income of Secured Party or any Eurodollar Lending Office by any jurisdiction in which the Secured Party or any such Eurodollar Lending Office is located (all such non-excluded taxes, levies, costs and charges being collectively called "Reimbursable Taxes" in this Section).

  • If any Lender fails to provide written notice to Borrower of a Triggering Event in accordance with the immediately preceding sentence, Borrower shall be liable for only those costs, expenses, claims, penalties, liabilities, damages or Reimbursable Taxes with respect to such Lender which arose during the period beginning 120 days prior to the Trigger Date and ending on the Trigger Date.

  • In the event that any withholding or deduction from any payment to be made by Borrower hereunder is required in respect of any Reimbursable Taxes pursuant to any applicable law, rule or regulation, Borrower shall pay on the due date of such payment, by way of additional interest, such additional amounts as are needed to ensure that the amount actually received by the Bank will equal the full amount the Bank would have received had no such withholding or deduction been required.

  • A certificate of the Secured Party as to the amount of any such Reimbursable Taxes and other amounts paid by the Secured Party shall be conclusive and binding in the absence of manifest error.


More Definitions of Reimbursable Taxes

Reimbursable Taxes means all those Taxes described on Exhibit N attached hereto as being reimbursable to Contractor as a Cost of the Work.
Reimbursable Taxes has the meaning given such term in Section 6(d)(i).
Reimbursable Taxes shall have the meaning set forth in Section 2.6(a).
Reimbursable Taxes means all real estate taxes or payments in lieu of taxes, and any general or special assessments (exclusive of penalties and interest thereon) (i) during the term of any PILOT Documents (hereinafter defined), based upon and calculated specifically for the portion of the Real Property not leased to Tenant, or (ii) after the term of any PILOT Documents, allocable to the percentage of the total RSF of the Buildings not leased to Tenant, either of which are paid by Tenant; provided that if, because of any change in the taxation of real estate, any other tax or assessment, however denominated (including, without limitation, any profit, sales, use, occupancy, gross receipts or rental tax), is imposed upon Landlord, Tenant or the owner of all or any portion the Real Property, or the occupancy, rents or income therefrom, in substitution for any of the foregoing Reimbursable Taxes or for an increase in any of the foregoing Reimbursable Taxes, such other tax or assessment shall be deemed part of Reimbursable Taxes to the extent (i) paid by Tenant and (ii) allocable to that portion of the Real Property not occupied by Tenant, or, as applicable, allocable to the percentage of the total RSF of the Buildings not leased to Tenant.
Reimbursable Taxes in relation to the Agreement, means the expenses directly necessarily and actually born by the Project Company for the performance of obligation under this Agreement in relation to the Project on account of any and all taxes including gross receipts, business turnover, use, consumption, property, franchise, occupational, excise duties, customs duties, defence levy, however imposed, withheld, levied, or assessed in relation to the Project Company’s business in the Solar Park Facility, by the Government of Sri Lanka, or any Governmental Instrumentality of Sri Lanka or any other taxation authority in Sri Lanka, but excluding Input Sales Taxes, Sales Taxes, Stamp Duty, and all taxes, imposts, duties or levies of whatever kind or nature however imposed that the Project Company may become liable to due to the sole default of the Project Company in maintaining the tax concessions available to the Project Company under the BOI concession or in respect of which the Project Company is entitled to a credit or receives an input credit; “Reliability Tests” means the tests described in Schedule 6 (Testing and Commissioning Procedure for Project Facility); “Representative” means, with respect to any Person, each director, officer, employee, servant, consultant, agent, or representative of that Person; “Request for Proposals” means request for proposals issued by the CEB for the Project; “Required Equity” means not less than twenty percent of the Capital Cost of the Solar Park Facility or the Transmission Facility, as the case may be, to be invested by way of equity investment in the Project Company; “Revised Testing Day” has the meaning as per given in Clause 5.7.4;
Reimbursable Taxes has the meaning set forth in Section 2.10(a)(i) of the Loan Agreement.
Reimbursable Taxes means any cash Taxes incurred by Seller and its Affiliates as a result of the Transactions.