If the Debtor wants to get a loan Progress below a participation Contract maybe not listed on
Numbers payable of the Borrower within the indemnity set forth contained in this Part 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 Fees).
(c) Borrower hereby agrees to indemnify Financial having, and to wait harmless facing, a full amount of Low-Excluded Taxation or other Taxation, together with full quantity of Fees of any sort implemented of the people legislation on the quantity payable because of the Debtor lower than it Section 2.11 enforced towards or paid from the particularly Bank and you will one liability (and punishment, improvements to tax, attention and you can expenses) occurring therefrom or with respect thereto. The fresh new indemnity by the Borrower sent to within Part dos.11 will incorporate and start to become made perhaps the Non-Omitted Taxation or any other Fees where indemnification hereunder is actually desired was in fact accurately otherwise legitimately asserted. 11(c) is paid off contained in this ten (10) weeks on the day on what Financial makes created demand therefor.
On acceptance written down of the Lender of these most Involvement Agreement as qualified, and you will submitting off an effective UCC-step three amendment incorporating new Contribution Contract
(d) Rather than bias into endurance of every most other contract of the Borrower hereunder, the new arrangements and you will debt of Debtor within Part 2.11 shall survive the termination of that it Agreement and almost every other Mortgage Data. Little present in Section dos.ten otherwise so it Area dos.11 should require one Financial to make available any one of the tax returns or any other recommendations that it deems to be confidential 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 money gotten because of the latest Contribution Certificates are going to be transferred on appropriate Loyal Account. Upon the fresh Cancellation Day and also the commission of the many number owed by Borrower hereunder, an expense equal to the quantity to your put in the Dedicated Membership on account of the fresh new Contribution Licenses should be remitted from the Financial in order to Borrower.
Section 2.15 Additional Participation Agreements. 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. Plan dos shall be loan places New Market automatically updated to include each additional Participation Agreement identified thereon.
(a) When it comes to any Repledge Equity which is pledged by the Debtor hereunder, Borrower has actually basic sworn such Repledge Guarantee beneath the Safeguards Agreement.
(b) Debtor and you can Bank for each and every hereby agrees and you can acknowledges one their legal rights hereunder can be found in every areas at the mercy of and you can using to (i) CSFB’s rights under the CSFB Mortgage Arrangement and Security Contract and you may (ii) CSFB’s shelter demand for the new Repledge Security and you will rights in Safety Arrangement.
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.