Common use of Exclusion of Set Off Clause in Contracts

Exclusion of Set Off. 11.1 All payments due by the Guarantors under this Guarantee will be made without any retention, deduction, set-off or counterclaim and free from any deduction or withholding for or on account of any taxes or other charges in the nature of taxes imposed by any competent authority. If any such deduction or withholding shall be required by law the Guarantors will pay the Landlords such additional amount as may be necessary to ensure that the Landlords receive the full amount of the relevant payment as if such deduction or withholding had not been made.

Appears in 4 contracts

Samples: Security and Guaranty Agreement, Security and Guaranty Agreement (Quotient LTD), www.psglegal.co.uk

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Exclusion of Set Off. 11.1 All payments due by the Guarantors Guarantor under this Guarantee will be made without any retention, deduction, set-off or counterclaim and free from any deduction or withholding for or on account of any taxes or other charges in the nature of taxes imposed by any competent authority. If any such deduction or withholding shall be is required by law the Guarantors Guarantor will pay the Landlords Landlord such additional amount as may be necessary to ensure that the Landlords receive Landlord receives the full amount of the relevant payment as if such deduction or withholding had not been made.

Appears in 1 contract

Samples: www.psglegal.co.uk

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Exclusion of Set Off. 11.1 All payments due by the Guarantors under this Guarantee will be made without any retention, deduction, deduction or set-off or counterclaim and free from any deduction or withholding for or on account of any taxes or other charges in the nature of taxes imposed by any competent authority. If any such deduction or withholding shall be required by law the Guarantors will pay the Landlords such additional amount as may be necessary to ensure that the Landlords receive the full amount of the relevant payment as if such deduction or withholding had not been made.

Appears in 1 contract

Samples: www.psglegal.co.uk

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