Common use of No Deductions or Withholding Clause in Contracts

No Deductions or Withholding. Under the laws of the Security Parties’ respective jurisdictions of incorporation or formation in force at the date hereof, none of the Security Parties will be required to make any deduction or withholding from any payment it may make under any of the Finance Documents.

Appears in 20 contracts

Samples: Secured Loan Agreement (Teekay LNG Partners L.P.), Secured Term Loan Facility Agreement (Teekay Tankers Ltd.), Secured Credit Facility (Teekay Offshore Partners L.P.)

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No Deductions or Withholding. Under the laws of the Security Parties’ respective jurisdictions of incorporation or formation in force at the date hereof, none of the Security Parties will be required to make any deduction or withholding from any payment it may make under any of the Finance Facility Documents.

Appears in 7 contracts

Samples: Loan Agreement (Teekay Offshore Partners L.P.), Secured Term Loan Facility Agreement (Teekay Offshore Partners L.P.), Secured Term Loan Facility (Teekay Offshore Partners L.P.)

No Deductions or Withholding. Under the laws of the Security Parties' respective jurisdictions of incorporation or formation in force at the date hereof, none of the Security Parties will be required to make any deduction or withholding from any payment it may make under any of the Finance Security Documents.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (Teekay Shipping Corp), Loan Agreement (Teekay Offshore Partners L.P.)

No Deductions or Withholding. Under the laws of the Security Parties' respective jurisdictions of incorporation or formation in force at the date hereof, none of the Security Parties will be required to make any deduction or withholding from any payment it may make under any of the Finance Documents.

Appears in 2 contracts

Samples: Secured Revolving Credit Facility Agreement (Teekay Corp), Secured Term Loan Facility Agreement (Teekay LNG Partners L.P.)

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No Deductions or Withholding. Under the laws of the Security Parties’ respective jurisdictions of incorporation or formation in force at the date hereof, none of the Security Parties will be required to make any deduction or withholding from any payment it may make under any of the Finance Security Documents.

Appears in 2 contracts

Samples: Loan Agreement (Teekay Shipping Corp), Loan Agreement (Teekay LNG Partners L.P.)

No Deductions or Withholding. Under the laws of the Security Parties’ respective jurisdictions of incorporation or formation organisation in force at the date hereof, none of the Security Parties will be required to make any deduction or withholding from any payment it may make under any of the Finance Security Documents.

Appears in 1 contract

Samples: Secured Reducing Revolving Loan Facility Agreement (Teekay Shipping Corp)

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