Common use of No Deductions or Withholdings Clause in Contracts

No Deductions or Withholdings. Each payment (whether of principal or interest or otherwise) to be made by the Borrower under a Facility Document shall, subject only to clause 17.3, be made free and clear of and without deduction for or on account of any Taxes or other deductions, withholdings, restrictions, conditions or counterclaims of any nature other than FATCA Deductions.

Appears in 5 contracts

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

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No Deductions or Withholdings. Each payment (whether of principal or interest or otherwise) to be made by the Borrower under a Facility Finance Document (other than the Master Agreement) shall, subject only to clause 17.3Clause 17.3 (Grossing-up), be made free and clear of and without deduction for or on account of any Taxes or other deductions, withholdings, restrictions, conditions or counterclaims of any nature other than FATCA Deductionsnature.

Appears in 4 contracts

Samples: Loan Agreement (DHT Holdings, Inc.), Loan Agreement (Baltic Trading LTD), Loan Agreement (Baltic Trading LTD)

No Deductions or Withholdings. Each payment (whether of principal or interest or otherwise) to be made by the a Borrower under a Facility Finance Document shall, subject only to clause 17.3Clause 18.3, be made free and clear of and without deduction for or on account of any Taxes or other deductions, withholdings, restrictions, conditions or counterclaims of any nature other than FATCA Deductionsnature.

Appears in 1 contract

Samples: Loan Agreement (Danaos Corp)

No Deductions or Withholdings. Each payment (whether of principal or interest or otherwise) to be made by the Borrower under a Facility Finance Document shall, subject only to clause Clause 17.3, be made free and clear of and without deduction for or on account of any Taxes or other deductions, withholdings, restrictions, conditions or counterclaims of any nature other than FATCA Deductionsnature.

Appears in 1 contract

Samples: Loan Agreement (Energy Infrastructure Merger CORP)

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No Deductions or Withholdings. Each payment (whether of principal or interest or otherwise) to be made by the a Borrower under a Facility Finance Document shall, subject only to clause 17.3Clause 17.3 (Grossing-up), be made free and clear of and without deduction for or on account of any Taxes (other than a FATCA Deduction) or other deductions, withholdings, restrictions, conditions or counterclaims of any nature other than FATCA Deductionsnature.

Appears in 1 contract

Samples: Diana Shipping Inc.

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