Common use of No Set-Off or Deductions Clause in Contracts

No Set-Off or Deductions. All payments made by an Obligor under the Senior Finance Documents must be paid in full without set-off or counterclaim and not subject to any condition and free and clear of and without any deduction or withholding for or on account of any Taxes (except as provided in clause 13 (Taxes)).

Appears in 2 contracts

Samples: Facilities Agreement (Ugi Corp /Pa/), Facilities Agreement (Ugi Corp /Pa/)

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No Set-Off or Deductions. All payments made by an any Obligor under the Senior Finance Documents must (whether of principal, interest, acceptance commission, fees or otherwise) will be paid in full without set-off or counterclaim and not subject to any condition and free and clear of and without any deduction or withholding for or on account of any Taxes (except as provided in clause Clause 13 (Taxes)).

Appears in 1 contract

Samples: Loan Agreement (Octel Corp)

No Set-Off or Deductions. All payments made by an Obligor under the Senior Finance Documents must be paid in full without set-off or counterclaim and not subject to any condition and free and clear of and without any deduction or withholding for or on account of any Taxes (except as provided in clause 13 14 (Taxes)).

Appears in 1 contract

Samples: Credit Agreement (Fimep Sa)

No Set-Off or Deductions. All payments made by an Obligor each Borrower under the Senior Finance Documents (whether of principal, interest, fees or otherwise) must be paid in full without set-off or counterclaim and not subject to any condition and free and clear of and without any deduction or withholding for or on account of any Taxes (except as provided in clause 13 11 (Taxes)).

Appears in 1 contract

Samples: Facilities Agreement (Bema Gold Corp /Can/)

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No Set-Off or Deductions. All payments made by an Obligor under the Senior a Finance Documents Document must be paid in full without any set-off or counterclaim and not subject to any condition and free and clear of of, and without any deduction or withholding for or on account of of, any Taxes (except as provided in clause 13 (Taxes))Tax unless required by applicable law.

Appears in 1 contract

Samples: Facility Agreement (Channell Commercial Corp)

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