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Loan Agreement Tax Payment Clause

Description: Loan agreement clause requiring the borrower to pay all applicable taxes or, if contesting the payment of taxes, to deposit cash with the lender to cover the taxes being contested
Form Type: Contract Clauses
Practice Area: Banking, Bankruptcy & Restructuring, Corporate & Securities, Tax

Date: Feb 2018
PLI Item #: 46887
Keywords: UCC; article 9; tax; lender; borrower; collateral; lien
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