Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).
Tax Payment means a payment made by an Obligor to a Finance Party in any way relating to a Tax Deduction or under any indemnity given by that Obligor in respect of Tax under any Finance Document.
Tax Payment has the meaning given to it in Clause 12.1 (Definitions).
Examples of Tax Payment in a sentence
Within thirty (30) days of making a Tax Deduction, the Borrower must deliver to the Bank evidence satisfactory to the Bank (acting reasonably) that an amount equal to the Tax Payment has been paid to the relevant taxing authority.
If the Borrower is required to make a Tax Deduction, the Borrower shall make that Tax Deduction and any associated Tax Payment in accordance with applicable law.
More Definitions of Tax Payment
Tax Payment means a payment as described in Article 6 or
Tax Payment means an increased payment made by the Borrower to a Lender under Clause 10.2 or a payment under Clause 10.3.
Tax Payment shall have the meaning set forth in Section 4.12.
Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under clause 12.2 (Tax gross-up) or a payment under clause 12.3 (Tax indemnity).
Tax Payment shall have the meaning set forth in Section 27.2 hereof.
Tax Payment means either an increased payment made by a Borrower to a Lender under Section 2.17A(d) or a payment under Section 2.17A(m).
Tax Payment means any payment of foreign, federal, state or local tax liabilities.