Common use of No deduction Clause in Contracts

No deduction. (i) Any and all payments of principal and interest, fees, indemnity or expense reimbursements, and any other amounts by any Credit Party hereunder or under any other Loan Documents (the “Credit Party Payments”) shall be made without setoff or counterclaim and free and clear of and without deduction for any and all current or future taxes, levies, imposts, deductions, charges or withholdings with respect to such Credit Party Payments and all interest, penalties or similar liabilities with respect thereto (excluding any Excluded Taxes, collectively, “Indemnified Taxes”). If any Credit Party shall be required to deduct any Indemnified Taxes from or in respect of any sum payable to any member of the Lender Group hereunder or under any other Loan Document, (x) the sum payable shall be increased by the amount (an “additional amount”) necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 2.9(b)(i)), such member of the Lender Group shall receive an amount equal to the sum it would have received had no such deductions been made, (y) the applicable Credit Party shall make such deductions, and (z) the applicable Credit Party shall pay the full amount deducted to the relevant Governmental Authority in accordance with Applicable Law.

No deduction. (i) Any and all payments of principal and interest, fees, or of any fees or indemnity or expense reimbursements, and any other amounts reimbursements by any Credit Party the Borrowers hereunder or under any other Loan Documents (the “Credit Party Borrower Payments”) shall be made without setoff or counterclaim and free and clear of and without deduction for any and all current or future taxes, levies, imposts, deductions, charges or withholdings with respect to such Credit Party Borrower Payments and all interest, penalties or similar liabilities with respect thereto thereto, excluding taxes imposed on the net income of any member of the Lender Group by the jurisdiction under the laws of which such member of the Lender Group is organized or conducts business or any political subdivision thereof (excluding any Excluded Taxesall such nonexcluded taxes, collectivelylevies, imposts, deductions, charges or withholdings and liabilities collectively or individually “Indemnified Taxes”). If any Credit Party Borrower shall be required to deduct any Indemnified Taxes from or in respect of any sum payable to any member of the Lender Group hereunder or under any other Loan Document, (xi) the sum payable shall be increased by the amount (an “additional amount”) necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 2.9(b)(i2.8(b)(i)), ) such member of the Lender Group shall receive an amount equal to the sum it would have received had no such deductions been made, (yii) the applicable Credit Party such Borrower shall make such deductions, and (ziii) the applicable Credit Party such Borrower shall pay the full amount deducted to the relevant Governmental Authority in accordance with Applicable Law.

No deduction. (i) Any and all payments of principal and interest, fees, or of any fees or indemnity or expense reimbursements, and any other amounts reimbursements by any Credit Party the Borrowers hereunder or under any other Loan Documents (the “Credit Party Borrower Payments”) shall be made without setoff or counterclaim and free and clear of and without deduction for any and all current or future taxes, levies, imposts, deductions, charges or withholdings with respect to such Credit Party Borrower Payments and all interest, penalties or similar liabilities with respect thereto thereto, excluding taxes imposed on the net income of any member of the Lender Group by the jurisdiction under the laws of which such member of the Lender Group is organized or conducts business or any political subdivision thereof (excluding any Excluded Taxesall such nonexcluded taxes, collectivelylevies, imposts, deductions, charges or withholdings and liabilities collectively or individually 57 “Indemnified Taxes”). If any Credit Party Borrower shall be required to deduct any Indemnified Taxes from or in respect of any sum payable to any member of the Lender Group hereunder or under any other Loan Document, (xi) the sum payable shall be increased by the amount (an “additional amount”) necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 2.9(b)(i)2.8(b)(i), such member of the Lender Group shall receive an amount equal to the sum it would have received had no such deductions been made, (yii) the applicable Credit Party such Borrower shall make such deductions, and (ziii) the applicable Credit Party such Borrower shall pay the full amount deducted to the relevant Governmental Authority in accordance with Applicable Law.

No deduction. (i) Any i)Any and all payments of principal and interest, fees, indemnity or expense reimbursements, and any other amounts by any Credit Party hereunder or under any other Loan Documents (the “Credit Party Payments”) shall be made without setoff or NAI-1519103236v13 42 counterclaim and free and clear of and without deduction for any and all current or future taxes, levies, imposts, deductions, charges or withholdings with respect to such Credit Party Payments and all interest, penalties or similar liabilities with respect thereto (excluding any Excluded Taxes, collectively, “Indemnified Taxes”). If any Credit Party shall be required to deduct any Indemnified Taxes from or in respect of any sum payable to any member of the Lender Group hereunder or under any other Loan Document, (x) the sum payable shall be increased by the amount (an “additional amount”) necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 2.9(b)(i)), such member of the Lender Group shall receive an amount equal to the sum it would have received had no such deductions been made, (y) the applicable Credit Party shall make such deductions, and (z) the applicable Credit Party shall pay the full amount deducted to the relevant Governmental Authority in accordance with Applicable Law.

No deduction. (i) Any and all payments of principal and interest, fees, indemnity or expense reimbursements, and any other amounts by any Credit Party hereunder or under any other Loan Documents (the “Credit Party Payments”) shall be made without setoff or counterclaim and free and clear of and without deduction for any and all current or future taxes, levies, imposts, deductions, charges or withholdings with respect to such Credit Party Payments and all interest, penalties or similar liabilities with respect thereto thereto, excluding taxes imposed on the net income of any member of the Lender Group by the jurisdiction under the laws of which such member of the Lender Group is organized or conducts business or any political subdivision thereof (excluding any Excluded Taxesall such nonexcluded taxes, collectivelylevies, imposts, deductions, charges or withholdings and liabilities collectively or individually “Indemnified Taxes”). If any Credit Party shall be required to deduct any Indemnified Taxes from or in respect of any sum payable to any member of the Lender Group hereunder or under any other Loan Document, (xi) the sum payable shall be increased by the amount (an “additional amount”) necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 2.9(b)(i2.8(b)(i)), such member of the Lender Group shall receive an amount equal to the sum it would have received had no such deductions been made, (yii) the applicable Credit Party shall make such deductions, and (ziii) the applicable Credit Party shall pay the full amount deducted to the relevant Governmental Authority in accordance with Applicable Law.

No deduction. (i) Any and all payments of principal and interest, fees, indemnity or expense reimbursements, and any other amounts by any Credit Party the Borrower hereunder or under any other Loan Documents (the “Credit Party Borrower Payments”) shall be made without setoff or counterclaim and free and clear of and without deduction for any and all current or future taxes, levies, imposts, deductions, charges or withholdings Taxes with respect to such Credit Party Borrower Payments and all interest, penalties or similar liabilities with respect thereto thereto, excluding Taxes imposed on the net income of any Lender by the jurisdiction under the laws of which such Lender is organized or conducts business or any political subdivision thereof (excluding any Excluded Taxes, collectively, all such nonexcluded Taxes collectively or individually “Indemnified Nonexcluded Taxes”). If any Credit Party the Borrower shall be required to deduct any Indemnified Nonexcluded Taxes from or in respect of any sum payable to any member of the Lender Group hereunder or under any other Loan Document, (xa) the sum payable shall be increased by the amount (an “additional amount”) necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 2.9(b)(i2.8(b)(i)), such member of the Lender Group shall receive an amount equal to the sum it would have received had no such deductions been made, (yb) the applicable Credit Party Borrower shall make such deductions, and (zc) the applicable Credit Party Borrower shall pay the full amount deducted to the relevant Governmental Authority in accordance with Applicable Lawapplicable law.