Common use of Exclusion of Clause in Contracts

Exclusion of. tax on overall net income. In this Clause 21 “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on the Lender’s overall net income.

Appears in 5 contracts

Sources: Loan Agreement (Box Ships Inc.), Amending and Restating Agreement (DryShips Inc.), Loan Agreement (Capital Product Partners L.P.)

Exclusion of. tax on overall net income. In this Clause 21 “22 "tax deduction" means any deduction or withholding for or on account of any present or future tax except tax on the Lender’s a Creditor Party's overall net income.

Appears in 2 contracts

Sources: Loan Agreement (EuroDry Ltd.), Loan Agreement (Paragon Shipping Inc.)

Exclusion of. tax on overall net incomeIncome. In this Clause 21 “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on the Lender’s overall net income.

Appears in 1 contract

Sources: Loan Agreement (DryShips Inc.)

Exclusion of. tax on overall net income. In this Clause 21 14 “tax deduction” means any deduction or withholding for or on account of any present or future tax except tax on the Lenderany Creditor Party’s overall net income.

Appears in 1 contract

Sources: Guarantee (EuroDry Ltd.)

Exclusion of. tax on overall net income. 22.4 In this Clause 21 “22 "tax deduction" means any deduction or withholding for or on account of any present or future tax except tax on the Lender’s a Creditor Party's overall net income.

Appears in 1 contract

Sources: Amending and Restating Agreement (Box Ships Inc.)