Common use of Payments to be Free of Deductions Clause in Contracts

Payments to be Free of Deductions. Each payment payable to the Lender under this Agreement or the Note, shall be made in accordance with Section 2.4 hereof, without set-off or counterclaim and free and clear of and without any deduction of any kind for any taxes, levies, imposts, duties, charges, fees, deductions, withholdings, restrictions or conditions of any nature now or hereafter imposed or levied as a result of any change in law or regulation or any change in the interpretation or application of any existing law by any political subdivision or any taxing or other authority therein, unless the Borrower is compelled by law to make any such deduction or withholding

Payments to be Free of Deductions. Each payment payable by Borrower to the Lender under this Agreement or Agreement, the Subordinated Note, or any of the other Loan Documents shall be made in accordance with Section 2.4 2.6 hereof, without set-off or counterclaim and free and clear of and without any deduction of any kind for any taxes, levies, imposts, duties, charges, fees, deductions, withholdings, restrictions or conditions of any nature now or hereafter imposed or levied as a result of any change in law or regulation or any change in the interpretation or application of any existing law by any political subdivision or any taxing or other authority therein, unless the Borrower is compelled by law to make any such deduction or withholding.

Payments to be Free of Deductions. Each payment payable to the Lender under this Agreement or the NoteNotes, shall be made in accordance with Section 2.4 hereof, without set-off or counterclaim and free and clear of and without any deduction of any kind for any taxes, levies, imposts, duties, charges, fees, deductions, withholdings, restrictions or conditions of any nature now or hereafter imposed or levied as a result of any change in law or regulation or any change in the interpretation or application of any existing law by any political subdivision or any taxing or other authority therein, unless the Borrower is compelled by law to make any such deduction or withholding.

Payments to be Free of Deductions. Each payment payable by Borrower to the Lender under this Agreement or Agreement, the Subordinated Note, or any of the other Loan Documents shall be made in accordance with Section 2.4 0 hereof, without set-off or counterclaim and free and clear of and without any deduction of any kind for any taxes, levies, imposts, duties, charges, fees, deductions, withholdings, restrictions or conditions of any nature now or hereafter imposed or levied as a result of any change in law or regulation or any change in the interpretation or application of any existing law by any political subdivision or any taxing or other authority therein, unless the Borrower is compelled by law to make any such deduction or withholding.