Common use of No Deduction for Taxes Clause in Contracts

No Deduction for Taxes. Any and all payments by Borrowers hereunder (including any payments made pursuant to Section 13 (Suretyship Waivers) or under the Notes shall be made, in accordance with this Section 1.14 (Taxes), free and clear of and without deduction for any and all present or future Taxes. If Borrowers shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder (including any sum payable pursuant to Section 13 (Suretyship Waivers)) or under such Notes, (i) the sum payable shall be increased as much as shall be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 1.14 (Taxes)) Lenders receive an amount equal to the sum it would have received had no such deductions been made, (ii) Borrowers shall make such deductions, and (iii) Borrowers shall pay the full amount deducted to the relevant taxing or other authority in accordance with applicable law. Within thirty (30) days after the date of any payment of Taxes, Borrower’s Representative shall furnish to Lenders the original or a certified copy of a receipt evidencing payment thereof.

No Deduction for Taxes. Any and all payments by Borrowers hereunder (including any payments made pursuant to Section 13 (Suretyship Waivers) or under the Notes shall be made, in accordance with this Section 1.14 (Taxes), free and clear of and without deduction for any and all present or future Taxes. If Borrowers shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder (including any sum payable pursuant to Section 13 (Suretyship Waivers)) or under such Notes, (i) the sum payable shall be increased as much as shall be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 1.14 (Taxes)) Lenders receive Lender receives an amount equal to the sum it would have received had no such deductions been made, (ii) Borrowers shall make such deductions, and (iii) Borrowers shall pay the full amount deducted to the relevant taxing or other authority in accordance with applicable law. Within thirty (30) days after the date of any payment of Taxes, Borrower’s 's Representative shall furnish to Lenders Lender the original or a certified copy of a receipt evidencing payment thereof.

No Deduction for Taxes. Any and all payments by Borrowers hereunder (including any payments made pursuant to Section 13 (Suretyship Waivers) or under the Notes Note shall be made, in accordance with this Section 1.14 (Taxes), free and clear of and without deduction for any and all present or future Taxes. If Borrowers shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder (including any sum payable pursuant to Section 13 (Suretyship Waivers)) or under such NotesNote, (i) the sum payable shall be increased as much as shall be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 1.14 (Taxes)) Lenders receive Lender receives an amount equal to the sum it would have received had no such deductions been made, (ii) Borrowers shall make such deductions, and (iii) Borrowers shall pay the full amount deducted to the relevant taxing or other authority in accordance with applicable law. Within thirty (30) days after the date of any payment of Taxes, Borrower’s 's Representative shall furnish to Lenders Lender the original or a certified copy of a receipt evidencing payment thereof.

No Deduction for Taxes. Any and all payments or reimbursements made by Borrowers Maker hereunder (including any payments made pursuant to Section 13 (Suretyship Waivers) or under the Notes shall be made, in accordance with this Section 1.14 (Taxes), made free and clear of and without deduction for any and all present current or future taxes, levies, imposts, deductions, charges or withholdings with respect to such payments or reimbursements and all interest, penalties or similar liabilities with respect thereto, excluding taxes imposed on the net income of the Holder by the jurisdiction under the laws of which the Holder is organized or any political subdivision thereof and any political organization of which such jurisdiction is a part (all such nonexcluded taxes, levies, imposts, deductions, charges or withholdings and liabilities, collectively or individually, “Taxes”). If Borrowers Maker shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder (including any sum payable pursuant to Section 13 (Suretyship Waivers)) or under such Noteshereunder, then (i) the sum payable shall be increased as much as shall be by the amount necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 1.14 (TaxesParagraph 3)) Lenders , the Holder shall receive an amount equal to the sum it would have received had no such deductions been made, (ii) Borrowers Maker shall make such deductions, and (iii) Borrowers Maker shall pay the full amount deducted to the relevant taxing or other governmental authority in accordance with applicable law. Within thirty (30) days after the date of any payment of Taxes, Borrower’s Representative shall furnish to Lenders the original or a certified copy of a receipt evidencing payment thereof.