Common use of No deduction Clause in Contracts

No deduction. All payments by the Borrower under this Agreement shall be made without any deduction and free and clear of and without deduction for or on account of any Taxes, except to the extent that the Borrower is required by law to make payment subject to any Taxes.

Appears in 15 contracts

Sources: Short Term Credit Facility Agreement, Working Capital Facility Agreement, Short Term Credit Facility Agreement (BP Midstream Partners LP)

No deduction. All The Borrower shall make all payments by the Borrower required under this Agreement shall be made without any deduction and free and clear of set-off or counterclaim and without deduction for or deduction, whether on account of any Taxes, Taxes (except to the extent that the Borrower is required by law to make payment subject deduct Taxes, but without prejudice to any TaxesClause 11 (Taxation)) or otherwise.

Appears in 1 contract

Sources: Revolving Loan Facility Agreement (Rinker Materials Corp)

No deduction. All payments by the Borrower under this Original Agreement shall be made without any deduction and free and clear of and without deduction for or on account of any Taxes, except to the extent that the Borrower is required by law to make payment subject to any Taxes.

Appears in 1 contract

Sources: Revolving Credit Facility Agreement (Shell Midstream Partners, L.P.)