In the event the Borrower wishes to see that loan Advance around a participation Contract perhaps not noted on

Автор: | 25.10.2024

In the event the Borrower wishes to see that loan Advance around a participation Contract perhaps not noted on

Amounts payable because of the Borrower under the indemnity set forth within this Part dos

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(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, Other Fees).

(c) Borrower hereby agrees so you’re able to indemnify Lender getting, and to hold on a minute innocuous up against, an entire quantity of Non-Omitted Taxes or any other Taxes, therefore the full number Remlap loans of Taxation of any sort imposed of the one jurisdiction on the quantity payable from the Borrower below which Area dos.eleven implemented into or repaid of the such as for example Financial and people responsibility (also punishment, improvements to income tax, interest and you may expenses) developing therefrom or in respect thereto. The newest indemnity from the Debtor delivered to inside Part dos.eleven will apply and stay generated if the Non-Omitted Taxes or any other Taxes which indemnification hereunder is found was precisely or lawfully asserted. 11(c) can be paid down inside ten (10) days in the time about what Lender produces written demand therefor.

Upon acceptance in writing from the Financial of such a lot more Participation Contract while the eligible, and filing from an excellent UCC-3 amendment incorporating brand new Involvement Arrangement

(d) Versus prejudice toward success of any almost every other contract of your own Debtor hereunder, new preparations and you may loans of the Borrower inside Area dos.eleven should endure the conclusion it Contract additionally the most other Mortgage Records. Nothing within Point 2.ten otherwise it Point dos.11 should require any Financial to offer some of their taxation statements or any other information it deems to-be private otherwise exclusive.

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.

All of the funds acquired because of the new Contribution Licenses will likely be deposited regarding applicable Dedicated Account. On this new Cancellation Date plus the fee of all of the numbers owed of the Borrower hereunder, an amount equivalent to the quantity into put regarding Loyal Profile on account of the Contribution Licenses can be remitted by the Lender so you can Debtor.

Section 2.15 A lot more Participation Arrangements. Schedule 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. Plan 2 shall be automatically updated to include each additional Participation Agreement identified thereon.

(a) Regarding one Repledge Collateral that is pledged from the Borrower hereunder, Debtor possess earliest bound such as for example Repledge Guarantee beneath the Security Arrangement.

(b) Borrower and Financial for each hereby believes and you will understands you to the legal rights hereunder can be found in all the areas at the mercy of and you will subordinate to help you (i) CSFB’s legal rights according to the CSFB Mortgage Arrangement and you may Protection Contract and you will (ii) CSFB’s protection interest in brand new Repledge Collateral and you may legal rights under the Shelter Agreement.

Section 3.01 Debtor Lives. 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.

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