Common use of Payment of Principal, Interest and Other Amounts Due Clause in Contracts

Payment of Principal, Interest and Other Amounts Due. The Obligors will pay when due all Obligations without setoff, deduction or counterclaim 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 (Access to Money, Inc.), Loan and Security Agreement (Access to Money, Inc.)

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Payment of Principal, Interest and Other Amounts Due. The Obligors Borrower and Guarantors will pay when due all Obligations without setoff, deduction or counterclaim 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 (Todays Man Inc)

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Payment of Principal, Interest and Other Amounts Due. The ---------------------------------------------------- Obligors will pay when due all Obligations without setoff, deduction or counterclaim 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 (Drugmax Com Inc)

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