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Common use of No Deductions Clause in Contracts

No Deductions. All payments by Guarantor hereunder shall be paid in full, without setoff or counterclaim or any deduction or withholding whatsoever, including, without limitation, for any and all present and future taxes. In the event that Guarantor or Lender is required by law to make any such deduction or withholding, Guarantor agrees to pay on behalf of Lender such amount directly to the appropriate person or entity, or if the Guarantor cannot legally comply with the foregoing, Guarantor shall pay to Lender such additional amounts as will result in the receipt by Lender of the full amount payable hereunder. Guarantor shall promptly provide Lender with evidence of payment of any such amount made on Lender’s behalf.

Appears in 6 contracts

Samples: Business Financing Agreement (ADESTO TECHNOLOGIES Corp), Limited Guaranty (Determine, Inc.), Limited Guaranty (Determine, Inc.)

No Deductions. All payments by Guarantor hereunder shall be paid in full, without setoff or counterclaim or any deduction or withholding whatsoever, including, without limitation, for any and all present and future taxes. In the event that Guarantor or Lender Bank is required by law to make any such deduction or withholding, Guarantor agrees to pay on behalf of Lender Bank such amount directly to the appropriate person or entity, or if the Guarantor cannot legally comply with the foregoing, Guarantor shall pay to Lender Bank such additional amounts as will result in the receipt by Lender Bank of the full amount payable hereunder. Guarantor shall promptly provide Lender Bank with evidence of payment of any such amount made on Lender’s Bank's behalf.

Appears in 4 contracts

Samples: Limited Guaranty (Pacific Sunwear of California Inc), Master Continuing and Unconditional Guaranty (Pacific Sunwear of California Inc), Guaranty (Escalon Medical Corp)

No Deductions. All payments by Guarantor hereunder shall be paid in full, without setoff or counterclaim or any deduction or withholding whatsoever, including, without limitation, for any and all present and future taxes. In the event that Guarantor or Lender is required by law to make any such deduction or withholding, Guarantor agrees to pay on behalf of Lender such amount directly to the appropriate person or entity, or if the Guarantor cannot legally comply with the foregoing, Guarantor shall pay to Lender such additional amounts as will result in the receipt by Lender of the full amount payable hereunder. Guarantor shall promptly provide Lender with evidence of payment of any such amount made on Lender’s Xxxxxx's behalf.

Appears in 2 contracts

Samples: Guaranty (Sysorex Global Holdings Corp.), Guaranty (North American Vaccine Inc)

No Deductions. All payments by each Guarantor hereunder shall be paid in full, without setoff or counterclaim or any deduction or withholding whatsoever, including, without limitation, for any and all present and future taxes. In the event that any Guarantor or any Lender is required by law to make any such deduction or withholding, each Guarantor agrees to pay on behalf of Lender Lenders such amount directly to the appropriate person or entity, or if the any Guarantor cannot legally comply with the foregoing, such Guarantor shall pay to Lender Lenders such additional amounts as will result in the receipt by Lender Lenders of the full amount payable hereunder. Each Guarantor shall promptly provide Lender Lenders with evidence of payment of any such amount made on Lender’s Lenders' behalf.

Appears in 2 contracts

Samples: Guaranty (Ashworth Inc), Guaranty (Ashworth Inc)

No Deductions. All payments by Guarantor hereunder shall be paid in full, without setoff or counterclaim or any deduction or withholding whatsoever, including, without limitation, for any and all present and future taxes. In the event that Guarantor or Lender is required by law to make any such deduction or withholding, Guarantor agrees to pay on behalf of Lender such amount directly to the appropriate person or entity, or if the Guarantor cannot legally comply with the foregoing, Guarantor shall pay to Lender such additional amounts as will result in the receipt by Lender of the full amount payable hereunder. Guarantor shall promptly provide Lender with evidence of payment of any such amount made on Lender’s Xxxxxx's behalf. --------------- * Confidential treatment requested.

Appears in 1 contract

Samples: Guaranty (North American Vaccine Inc)

No Deductions. All payments by Guarantor hereunder shall be paid in full, without setoff or counterclaim or any deduction or withholding whatsoever, including, without limitation, for any and all present and future taxes. In the event that Guarantor or Lender is required by law to make any such deduction or withholding, Guarantor agrees to pay on behalf of Lender such amount directly to the appropriate person or entity, or if the Guarantor cannot legally comply with the foregoing, Guarantor shall pay to Lender such additional amounts as will result in the receipt by Lender of the full amount payable hereunder. Guarantor shall promptly provide Lender with evidence of payment of any such amount made on Lender’s 's behalf.

Appears in 1 contract

Samples: Limited Guaranty (Determine, Inc.)