Common use of Place of Payments, No Set Off Clause in Contracts

Place of Payments, No Set Off. All payments to be made hereunder by the Borrowers shall be made to the Administrative Agent, not later than 10 a.m. New York time (any payment received after 10 a.m. New York time shall be deemed to have been paid on the next Banking Day) on the due date of such payment, at its office located at Gxxxxxx-Xxxxxxxxx-Xxxxx 00, 00000 Xxxxxxx, Xxxxxxx, or to such other office of the Administrative Agent as the Administrative Agent may direct, without set-off or counterclaim and free from, clear of, and without deduction or withholding for, any Taxes, provided, however, that if the Borrowers shall at any time be compelled by law to withhold or deduct any Taxes from any amounts payable to the Lenders hereunder, then the Borrowers shall pay such additional amounts in Dollars as may be necessary in order that the net amounts received after withholding or deduction shall equal the amounts which would have been received if such withholding or deduction were not required and, in the event any withholding or deduction is made, whether for Taxes or otherwise, the Borrowers shall promptly send to the Administrative Agent such documentary evidence with respect to such withholding or deduction as may be required from time to time by the Lenders, including evidence that the Borrowers have duly paid the withholding or deductions as required.

Place of Payments, No Set Off. All payments to be made hereunder by the Borrowers Borrower shall be made to the Administrative Agent, not later than 10 11 a.m. New York time (any payment received after 10 11 a.m. New York time shall be deemed to have been paid on the next Banking Day) on the due date of such payment, at its office located at Gxxxxxx-Xxxxxxxxx-Xxxxx 00000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 Xxxxxxx, Xxxxxxx, or to such other office of the Administrative Agent as the Administrative Agent may direct, without set-off or counterclaim and free from, clear of, and without deduction or withholding for, any Taxes, provided, however, that that, subject to such Lender's compliance with Section 7.2 below, if the Borrowers Borrower shall at any time be compelled by law to withhold or deduct any Taxes from any amounts payable to the Lenders hereunder, then the Borrowers Borrower shall pay such additional amounts in Dollars as may be necessary in order that the net amounts received after withholding or deduction shall equal the amounts which would have been received if such withholding or deduction were not required and, in the event any withholding or deduction is made, whether for Taxes or otherwise, the Borrowers Borrower shall promptly send to the Administrative Agent such documentary evidence with respect to such withholding or deduction as may be required from time to time by the Lenders, including evidence that the Borrowers have duly paid the withholding or deductions as required.

Place of Payments, No Set Off. All payments to be made hereunder by the Borrowers Borrower shall be made to the Administrative Facility Agent, not later than 10 11 a.m. New York time (any payment received after 10 11 a.m. New York time shall be deemed to have been paid on the next Banking Day) on the due date of such payment, at its office located at Gxxxxxx-Xxxxxxxxx-Xxxxx 003 Stamford Plaza, 00000 Xxxxxxx301 Tresser Boulevard, XxxxxxxStamford, Connecticut 706901, or to such other office of the Administrative Facility Agent as the Administrative Facility Agent may direct, without set-off or counterclaim and free from, clear of, and without deduction or withholding for, any Taxes, ; provided, however, that if the Borrowers Borrower shall at any time be compelled by law to withhold or deduct any Taxes from any amounts payable to the Lenders hereunder, then the Borrowers shall Borrower shall, except as provided in Section 7.2, pay such additional amounts in Dollars as may be necessary in order that the net amounts received after withholding or deduction shall equal the amounts which would have been received if such withholding or deduction were not required and, in the event any withholding or deduction is made, whether for Taxes or otherwise, the Borrowers Borrower shall promptly send to the Administrative Facility Agent such documentary evidence with respect to such withholding or deduction as may be required from time to time by the Lenders, including evidence that the Borrowers have duly paid the withholding or deductions as required.

Place of Payments, No Set Off. All payments to be made hereunder by the Borrowers Obligors shall be made to the Administrative Facility Agent, not later than 10 a.m. noon New York time (any payment received after 10 a.m. 3 p.m. New York time shall be deemed to have been paid on the next Banking Day) on the due date of such payment, at its office located at Gxxxxxx-Xxxxxxxxx-Xxxxx 00to DNB BANK ASA, 00000 XxxxxxxNew York Branch, Xxxxxxx00 Xxxxxx Xxxxx, 81st Floor, New York, New York 10001 or to such other office of the Administrative Facility Agent as the Administrative Facility Agent may direct, without set-off or counterclaim and free from, clear of, and without deduction or withholding for, any Taxes, provided, however, that if any of the Borrowers Obligors shall at any time be compelled by law to withhold or deduct any Taxes from any amounts payable to the Lenders hereunder, then the Borrowers Obligors shall pay such additional amounts in Dollars as may be necessary in order that the net amounts received after withholding or deduction shall equal the amounts which would have been received if such withholding or deduction were not required and, in the event any withholding or deduction is made, whether for Taxes or otherwise, the Borrowers Obligors shall promptly send to the Administrative Facility Agent such documentary evidence with respect to such withholding or deduction (including documentary evidence satisfactory to the Facility Agent that the tax has been paid to the appropriate taxation authority) as may be required from time to time by the Lenders, including evidence that the Borrowers have duly paid the withholding or deductions as required.