No Deductions from Payments Clause Samples
The 'No Deductions from Payments' clause establishes that payments due under the agreement must be made in full, without any reductions, offsets, or withholdings by the paying party. In practice, this means the payer cannot subtract amounts for taxes, fees, counterclaims, or other obligations before making payment; for example, if $10,000 is owed, the full amount must be paid regardless of any disputes or external costs. This clause ensures the recipient receives the agreed-upon sum in its entirety, preventing payment delays or shortfalls and providing financial certainty.
No Deductions from Payments. Licensee is solely responsible for payment of any fee, royalty or other payment due to any Third Party not a Sublicensee in connection with the research, development, manufacture, distribution, use, sale, import or export of a Licensed Product or Licensed Service and except as set forth in Section 4.6 above, Licensee shall not have the right to set off any amounts paid to such a Third Party, including fee, royalty or other payment, against any amount payable to COH hereunder.
No Deductions from Payments. Licensee shall not have the right to set off any amounts paid to any Third Party, including any fee, royalty or other payment, against any amount payable to COH hereunder.
No Deductions from Payments. Except as expressly set forth in this Agreement, Dicerna is solely responsible for payment of any fee, royalty or other payment due to any Third Party in connection with the research, development, manufacture, distribution, use, sale, import or export of a Licensed Product, and Dicerna shall not have the right to set off any amounts paid to such Third Party, including fee, royalty or other payment, against any amount payable to COH hereunder.
No Deductions from Payments. Except for the royalty adjustments set forth in Sections 4.15, as between the Parties, Denali is solely responsible for payment of any fee, royalty or other payment due to any Third Party in connection with the research, development, manufacture, distribution, use, sale, import or export of a Licensed Product, and Denali shall not have the right to offset any amounts paid to such Third Party, including fee, royalty or other payment, against any amount payable to Genentech hereunder.
No Deductions from Payments. Nile shall be solely responsible for payment of any fee, royalty or other payment due to any third party in connection with the research, development, manufacture, distribution, use, sale, import or export of a Royalty Bearing Product, and Nile shall not have the right to set off any amounts paid to such third party, including fee, royalty or other payment, against any amount payable to Medtronic hereunder.
No Deductions from Payments. Licensee is solely responsible for payment of any fee, royalty, or other payment due to any Third Party in connection with the Development, Manufacture, and Commercialization of a Licensed Product in the Territory, and Licensee shall not have the right to set off any amounts paid to such Third Party, including fee, royalty or other payment, against any amount payable to Licensor hereunder, subject to Section 4.5. Notwithstanding the foregoing, at the end of each Calendar Year, to the extent that Licensee, after review of its auditor’s report: identifies that (i) there is an underpayment of royalties by Licensee for that Calendar Year, Licensee shall pay to Licensor the full amount of that uncontested underpayment in the next invoice for which the royalty payments are due, or (ii) there is an overpayment by Licensee for the period in question, then Licensee is entitled to credit it against future payments (such credit equal to the full amount of that overpayment), or, if Licensee is not obligated to make any future payments, then Licensor shall pay to Licensee the full amount of that overpayment.
No Deductions from Payments. Except for the royalty adjustments set forth in Section 4.7, and any withholding in accordance with Section 5.3.3, as between the Parties, Novogen is solely responsible for payment of any fee, royalty or other payment due to any Third Party in connection with the research, development, manufacture, distribution, use, sale, import or export of a Licensed Product, and Novogen shall not have the right to offset any amounts paid to such Third Party, including fee, royalty or other payment, against any amount payable to Genentech hereunder.
No Deductions from Payments. Unless the goods are damaged and inoperable for a period greater than 4 weeks after Avem has received notification of the damage, the Renter must not withhold any payment under this rental agreement or make a deduction from it for any reason including because:
(a) the goods are damaged, do not operate, or are not in the Renter's possession;
(b) the Renter claims to have a set-off, counterclaim, or other right against the Owner or any other person;
(c) any act, matter, thing or default referable to the maintenance or servicing of the goods; or
(d) of any tax. The amount of the payment must be increased, if the law provides that the Renter must make a deduction or withhold money from a payment, so that the Owner receives the amount that it would have received if the Renter had not had to make a deduction or withholding. Should the goods be damaged and inoperable for a period greater than 4 weeks after Avem has received notification from the Renter then payment for that item may be withheld until the goods are repaired or replaced.
No Deductions from Payments. You must not withhold nor make any deduction from any payment under this agreement for any reason including because: (a) the Goods are damaged, defective, do not operate or are not in your possession; (b) of any failure to supply any spare parts, consumables, services or maintenance in connection with the Goods; or (c) you claim to have any set-off, counterclaim or other right against us or any other Person.
No Deductions from Payments. Except as expressly set forth in this Agreement, Licensee is solely responsible for payment of any fee, royalty or other payment due to any Third Party in connection with the research, development, manufacture, distribution, use, sale, import or export of a Licensed Product, and Licensee shall not have the right to set off any amounts paid to such Third Party, including fee, royalty or other payment, against any amount payable to Licensor hereunder.