Swingline Lender. Dutch Swingline Lender and/or the U.S. Swingline Lender, as the context requires. Swingline Loan: a loan made pursuant to Section 2.1.8. TARGET Day: any day on which the Trans-European Automated Realtime Gross Settlement Express Transfer (TARGET) payment system (or, if such payment system ceases to be operative, such other payment system (if any) determined by the Agent to be a suitable replacement) is open for the settlement of payments in Euro. Tax Credit: a credit against, relief or remission for, or refund or repayment of, any Taxes. Tax Deduction: a deduction or withholding for or on account of Taxes (other than Excluded Taxes) from a payment under any Loan Document. Tax Payment: either the increase in a payment made by a Loan Party to any Recipient under Section 5.8.2(a) or any payment made by a Loan Party to any Recipient under Section 5.8.2(b) or Section 5.8.2(d). Taxes: all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other similar charges imposed in the nature of taxation by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto.
Appears in 2 contracts
Sources: Loan, Security and Guarantee Agreement (Kraton Performance Polymers, Inc.), Loan, Security and Guarantee Agreement (Kraton Performance Polymers, Inc.)