Tax Transferee definition

Tax Transferee means any Person who acquires any interest in the Revolving Credit Loans (whether or not by operation of law) or the office to which any Bank has transferred its Revolving Credit Loans for purposes of determining where such Bank's Revolving Credit Loans are made, accounted for or booked.
Tax Transferee shall have the meaning ascribed to that term in Section 2.8(a).
Tax Transferee means any Person who acquires any interest in the Loans (whether or not by operation of law) or the office to which a Lender, Arranger or Agent has transferred its Loans for purposes of determining where the Loans are made, accounted for or booked.

Examples of Tax Transferee in a sentence

  • Any such certificate submitted by Lender or such Tax Transferee to Borrower shall, absent manifest error, be final, conclusive and binding on all parties.

  • If the Borrowers determine in good faith that a reasonable basis exists for contesting a Covered Tax, the relevant Bank or Tax Transferee, as applicable, shall cooperate with the Borrowers in challenging such Tax at the Borrowers' expense if requested by the Borrowers (it being understood and agreed that no Bank shall have any obligation to contest, or any responsibility for contesting, any Tax).

  • Payment of this indemnification shall be made within thirty (30) days from the date Lender or such Tax Transferee provides Borrower with a certificate, certifying and setting forth in reasonable detail the calculation thereof as to the amount and type of such Taxes.

  • Any such certificate submitted by such Lender, the Issuing Bank, Agent or such Tax Transferee in good faith to the Borrowers shall, absent manifest error, be final, conclusive and binding on all parties.

  • Payment of this indemnification shall be made within thirty (30) days from the date of demand by Lender or such Tax Transferee certifying and setting forth in reasonable detail the calculation thereof as to the amount and type of such Taxes.


More Definitions of Tax Transferee

Tax Transferee is defined in Section 4.10(a).
Tax Transferee means any Person who acquires any inter-est in the Revolving Credit Loans (whether or not by operation of law) or the office to which any Bank has transferred its Revolving Credit Loans for purposes of determining where such Bank's Revolving Credit Loans are made, accounted for or booked.
Tax Transferee shall have the meaning ascribed to that term in SECTION 2.7(A).
Tax Transferee means any Person who acquires any interest in the Loans (whether or not by operation of law) or the office to which a Lender, Co-Agent or Agent has transferred its Loans for purposes of determining where the Loans are made, accounted for or booked. "Total Utilization of Revolving Loan Commitments" means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans plus (ii) the aggregate principal amount of all outstanding Bid Rate Loans plus (iii) the Letter of Credit Usage plus (iv) the Overdraft Amount.
Tax Transferee is defined in Section 3.10(a).
Tax Transferee shall have the meaning specified in SECTION 4.7(i) of the Note Purchase Agreement.
Tax Transferee shall have the meaning given to such term in Section 3.8 hereof. Taxes shall have the meaning given to such term in Section 3.8 hereof. Termination Event shall mean (i) a Reportable Event with respect to any Benefit Plan or Multiemployer Plan; (ii) the withdrawal of the Borrower, any Subsidiary or any ERISA Affiliate from a Benefit Plan during a plan year in which such entity was a "substantial employer" as defined in Section 4001(a)(2) of ERISA; (iii) the providing of notice of intent to terminate a Benefit Plan in a distress termination described in Section 4041(c) of ERISA; (iv) the institution by the PBGC of proceedings to terminate a Benefit Plan or Multiemployer Plan; (v) any event or condition that is reasonably likely to (a) constitute grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Benefit Plan or Multiemployer Plan, or (b) result in termination of a Multiemployer Plan pursuant to Section 4041A of ERISA; or (vi) the partial or complete withdrawal within the meaning of Sections 4203 and 4205 of ERISA, of the Borrower, any Subsidiary or any ERISA Affiliate from a Multiemployer Plan. Trademarks shall mean all present and hereafter acquired or created tradenames, trademarks and service marks owned or used by the Borrower, including without limitation all Trademarks registered by the Borrower with the U.S. Patent and Trademark Office, or with respect to which such registration is or may be pending.