For purposes of determining the After Tax Amount, the Executive shall be deemed to pay federal income taxes at the highest marginal rate of federal income taxation applicable to individuals for the calendar year in which the determination is to be made, and state and local income taxes at the...
“Lien” means any lien, mortgage, security interest, tax lien, financing statement, pledge, charge, hypothecation, assignment, preference, priority, or other encumbrance of any kind or nature whatsoever (including, without limitation, any conditional sale or title retention agreement), whether arising...
that’s not something that’s happening. So there was a level of scope relief in there and then also a level of commitment to no furloughs through the end of April. So we are really pleased with the partnership over the past few months ...
Share CiteReport EXHIBIT 10.5 EXECUTION COPY ===NOTE PURCHASE AGREEMENTamong BAY VIEW ACCEPTANCE CORPORATION (the "Contributor") BAY VIEW 2005 WAREHOUSE TRUST (the "Issuer") FALCON ASSET SECURITIZATION CORPORATION and FAIRWAY FINANCE COMPANY, LLC (the "Initial Purchasers") JPMORGAN CHASE BANK, N.A...
SECTION 5. YIELD, CAPITAL MAINTENANCE AND TAX PROVISIONS 5.1 Additional Costs. (a) The Borrower shall pay directly to each Bank from time to time on demand such amounts as such Bank may determine to be necessary to compensate it for any costs which such Bank determines are attributable to ...
in the opinion of independent tax counsel reasonably acceptable to the Company, there is no reasonable basis for taking the position that any such payment is not subject to the Excise Tax under U.S. tax law then in effect. If the Internal Revenue Service makes a claim that any payment or...