Amounts payable by Debtor according to the indemnity set forth within this Point 2
(b) In addition, Borrower hereby agrees to pay any present or future stamp, recording, documentary, excise, property or value-added taxes, or similar taxes, charges or levies that arise from any payment made under or in respect of this Agreement or any other Loan Document or from the execution, delivery or registration of, any performance under, or otherwise with respect to, this Agreement or any other Loan Document (collectively, Almost every other Taxation).
(c) Debtor hereby believes to help you indemnify Financial to own, in order to wait simple up against, an entire amount of Low-Omitted Taxation or other Fees, and also the complete level of Fees of any kind implemented because of the any legislation towards numbers payable of the Borrower under that it Part 2.eleven enforced with the otherwise paid back of the such as for instance Bank and you can one liability (also charges, additions in order to income tax, desire and you can expenditures) developing therefrom otherwise relating thereto. New indemnity from the Borrower sent to in this Area 2.eleven will pertain and stay produced whether or not the Non-Omitted Taxes and other Taxation whereby indemnification hereunder is actually sought have been precisely or legally asserted. 11(c) are going to be reduced in this ten (10) weeks on the date on what Lender helps make written demand therefor.
Abreast of recognition on paper from the Financial of these additional Participation Agreement because eligible, and you will submitting away from a great UCC-step 3 amendment including the newest Contribution Arrangement
(d) Without bias with the endurance of any most other arrangement of the Borrower hereunder, the new plans and you will financial obligation of one’s Borrower in this Point dos.11 shall endure the conclusion that it Arrangement in addition to other Financing Records. Nothing found in Section 2.ten otherwise so it Section 2.eleven should want people Financial to offer some of the tax statements and other pointers that it deems to get confidential or proprietary.
Section 2.12 Indemnity. Without limiting, and in addition to, the provisions of Section , the Borrower agrees to indemnify the Lender and to hold the Lender harmless from any loss or expense that the Lender may sustain or incur as a consequence of (i) a default by the Borrower in payment when due of the principal amount of or interest on the Loan or (ii) a default by the Borrower in making any prepayment after the Borrower has given a notice thereof in accordance with Section 2.03.
Most of the funds received because of the newest Participation Permits shall be placed regarding the relevant Dedicated Account. Abreast of this new Termination Date plus the percentage of all of the numbers due by the Borrower hereunder, a price equal to the amount toward put throughout the Loyal Profile because of the newest Participation Licenses is remitted because of the Lender to help you Borrower.
Section 2.15 Most Involvement Plans. Agenda 2 hereto, Borrower shall deliver a written request for approval of such Participation Agreement to Lender for Lender’s approval, which may be withheld in Lender’s sole discretion. Minor loans Agenda 2 shall be automatically updated to include each additional Participation Agreement identified thereon.
(a) When it comes to one Repledge Equity that is pledged by Debtor hereunder, Borrower possess earliest sworn eg Repledge Guarantee according to the Defense Contract.
(b) Borrower and you can Financial per hereby believes and you will recognizes that the rights hereunder come in the areas susceptible to and you can using so you can (i) CSFB’s legal rights beneath the CSFB Financing Contract and you may Cover Agreement and you will (ii) CSFB’s shelter interest in the brand new Repledge Collateral and you may liberties under the Defense Agreement.
Section 3.01 Borrower Life. Borrower has been duly organized and is validly existing as a limited liability company in good standing under the laws of the State of Delaware.