Common use of No Setoff or Deductions; Taxes; Payments Clause in Contracts

No Setoff or Deductions; Taxes; Payments. CME BV represents and warrants that it is incorporated and existing under the laws of the Netherlands, and CME NV represents and warrants it is incorporated under the laws of the former Netherlands Antilles and existing under the laws of Curacao. Each Subsidiary Guarantor shall make all payments hereunder without setoff or counterclaim and subject to, and in accordance with, Section 2.11 of the Credit Agreement, free and clear of and without deduction for any Taxes. The obligations of each Subsidiary Guarantor under this Section shall survive the payment in full of the Guaranteed Obligations and termination of this Guarantee. All payments under this Guarantee shall be made in accordance with Section 2.12 of the Credit Agreement. The obligations hereunder shall not be affected by any acts of any legislative body or governmental authority affecting the Borrower, including, but not limited to, any restrictions on the conversion of currency or repatriation or control of funds or any total or partial expropriation of the Borrower’s property, or by economic, political, regulatory or other events in the countries where the Borrower is located.

Appears in 2 contracts

Samples: Guarantee (Central European Media Enterprises LTD), Form of Guarantee (CME Media Enterprises B.V.)

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No Setoff or Deductions; Taxes; Payments. CME BV represents and warrants that it is incorporated and existing under the laws of the Netherlands, and CME NV represents and warrants it is incorporated under the laws of the former Netherlands Antilles and existing under the laws of Curacao. Each Subsidiary Guarantor shall make all payments hereunder without setoff or counterclaim and subject to, and in accordance with, Section 2.11 2.14 of the Credit Agreement, free and clear of and without deduction for any Taxes. The obligations of each Subsidiary Guarantor under this Section shall survive the payment in full of the Guaranteed Obligations and termination of this Guarantee. All payments under this Guarantee shall be made in accordance with Section 2.12 2.15 of the Credit Agreement. The obligations hereunder shall not be affected by any acts of any legislative body or governmental authority affecting the Borrower, including, but not limited to, any restrictions on the conversion of currency or repatriation or control of funds or any total or partial expropriation of the Borrower’s property, or by economic, political, regulatory or other events in the countries where the Borrower is located.

Appears in 1 contract

Samples: Guarantee (Central European Media Enterprises LTD)

No Setoff or Deductions; Taxes; Payments. CME BV represents and warrants that it is incorporated and existing under the laws of the Netherlands, and CME NV represents and warrants it is incorporated under the laws of the former Netherlands Antilles and existing under the laws of CuracaoCuraçao. Each Subsidiary Guarantor shall make all payments hereunder without setoff or counterclaim and subject to, and in accordance with, Section 2.11 2.14 of the Credit Agreement, free and clear of and without deduction for any Taxes. The obligations of each Subsidiary Guarantor under this Section shall survive the payment in full of the Guaranteed Obligations and termination of this Guarantee. All payments under this Guarantee shall be made in accordance with Section 2.12 2.15 of the Credit Agreement. The obligations hereunder shall not be affected by any acts of any legislative body or governmental authority affecting the Borrower, including, but not limited to, any restrictions on the conversion of currency or repatriation or control of funds or any total or partial expropriation of the Borrower’s property, or by economic, political, regulatory or other events in the countries where the Borrower is located.

Appears in 1 contract

Samples: Form of Guarantee (CME Media Enterprises B.V.)

No Setoff or Deductions; Taxes; Payments. CME BV represents and warrants that it is incorporated and existing under the laws of the Netherlands, and CME NV represents and warrants it is incorporated under the laws of the former Netherlands Antilles and existing under the laws of CuracaoCuraçao. Each Subsidiary Guarantor shall make all payments hereunder without setoff or counterclaim and subject to, and in accordance with, Section 2.11 clause 2.02 of the Credit Reimbursement Agreement, free and clear of and without deduction for any Taxes. The obligations of each Subsidiary Guarantor under this Section clause shall survive the payment in full of the Guaranteed Obligations and termination of this Guarantee. All payments under this Guarantee shall be made in accordance with Section 2.12 clause 2.04 of the Credit Reimbursement Agreement. The obligations hereunder shall not be affected by any acts of any legislative body or governmental authority affecting the Borrower, including, but not limited to, any restrictions on the conversion of currency or repatriation or control of funds or any total or partial expropriation of the Borrower’s 's property, or by economic, political, regulatory or other events in the countries where the Borrower is located.

Appears in 1 contract

Samples: Agreement (Central European Media Enterprises LTD)

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No Setoff or Deductions; Taxes; Payments. CME BV represents and warrants that it is incorporated and existing under the laws of the Netherlands, and CME NV represents and warrants it is incorporated under the laws of the former Netherlands Antilles and existing under the laws of CuracaoCuraçao. Each Subsidiary Guarantor shall make all payments hereunder without setoff or counterclaim and subject to, and in accordance with, Section 2.11 clause 2.02 of the Credit Reimbursement Agreement, free and clear of and without deduction for any Taxes. The obligations of each Subsidiary Guarantor under this Section clause shall survive the payment in full of the Guaranteed Obligations and termination of this Guarantee. All payments under this Guarantee shall be made in accordance with Section 2.12 clause 2.04 of the Credit Reimbursement Agreement. The obligations hereunder shall not be affected by any acts of any legislative body or governmental authority affecting the BorrowerCME Ltd, including, but not limited to, any restrictions on the conversion of currency or repatriation or control of funds or any total or partial expropriation of the Borrower’s CME Ltd 's property, or by economic, political, regulatory or other events in the countries where the Borrower CME Ltd is located.

Appears in 1 contract

Samples: Joinder Agreement (Central European Media Enterprises LTD)

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