No Setoffs or Counterclaims. Except as otherwise provided by applicable law, all payments hereunder and under the other Loan Documents made by or on behalf of Borrowers shall be made without setoff or counterclaim and free and clear of, and without deduction or withholding for or on account of, any federal, state, or local taxes.
Appears in 2 contracts
Samples: Loan and Security Agreement (Proxim Corp), Loan and Security Agreement (Proxim Corp)
No Setoffs or Counterclaims. Except as otherwise provided by applicable law, all payments hereunder and under the other Loan Documents Documents, if any, made by or on behalf of Borrowers Borrower shall be made without setoff or counterclaim and free and clear of, and without deduction or withholding for or on account of, any federal, state, or local taxes.
Appears in 1 contract
No Setoffs or Counterclaims. Except as otherwise provided by applicable law, all All payments hereunder and under the other Loan Documents made by or on behalf of Borrowers shall be made without setoff or counterclaim and free and clear of, and without deduction or withholding for or on account of, any federal, state, or local taxes.
Appears in 1 contract
Samples: Loan and Security Agreement (Neostar Retail Group Inc)
No Setoffs or Counterclaims. Except as otherwise provided by applicable law, all All payments hereunder and under the other Loan Documents made by or on behalf of Borrowers Borrower or any Subsidiary shall be made without setoff or counterclaim and free and clear of, and without deduction or withholding for or on account of, any federal, state, or local taxes.
Appears in 1 contract
Samples: Loan and Security Agreement (Concurrent Computer Corp/De)
No Setoffs or Counterclaims. Except as otherwise provided by applicable law, all All payments hereunder and under the other Loan Documents made by or on behalf of Borrowers Borrower or its Subsidiaries shall be made without setoff or counterclaim and free and clear of, and without deduction or withholding for or on account of, any federal, state, or local taxes.
Appears in 1 contract
Samples: Loan and Security Agreement (Image Entertainment Inc)
No Setoffs or Counterclaims. Except as otherwise provided by applicable law, all All payments hereunder and under the other Loan Documents made by or on behalf of Borrowers Borrower shall be made without setoff or counterclaim and free and clear of, and without deduction or withholding for or on account of, any federal, statestate or provincial, or local taxes.
Appears in 1 contract
Samples: Security Agreement (QMS Inc)
No Setoffs or Counterclaims. Except as otherwise provided by applicable law, all All payments hereunder and under the other Loan Documents made by or on behalf of Borrowers Borrower shall be made without setoff or counterclaim and free and clear of, and without deduction or withholding for or on account of, of any federal, state, State or local taxes.
Appears in 1 contract
Samples: Loan and Security Agreement (Global One Distribution & Merchandising Inc)
No Setoffs or Counterclaims. Except as otherwise provided by applicable law, all All payments hereunder and under the other Loan Documents made by or on behalf of Borrowers any Borrower shall be made without setoff or counterclaim and free and clear of, and without deduction or withholding for or on account of, any federal, state, State or local taxes.
Appears in 1 contract
Samples: Loan and Security Agreement (Pia Merchandising Services Inc)
No Setoffs or Counterclaims. Except as otherwise provided by applicable law, all All payments hereunder and under the other Loan Documents made by or on behalf of Borrowers any Borrower shall be made without setoff or counterclaim and free and clear of, and without deduction or withholding for or on account of, any federal, state, or local taxes.
Appears in 1 contract
Samples: Loan and Security Agreement (Midcom Communications Inc)
No Setoffs or Counterclaims. Except as otherwise provided by applicable law, all All payments hereunder and under the other Loan Documents made by or on behalf of Borrowers Borrower shall be made without with setoff or and counterclaim and free and clear of, and without deduction or withholding for or on account of, any federalFederal, state, or local taxes.
Appears in 1 contract
