Common use of No Deductions Clause in Contracts

No Deductions. All amounts due from the Borrower under this Agreement shall be paid: (a) without any form of set-off, cross-claim or condition; and (b) free and clear of any tax deduction except a tax deduction which the Borrower is required by law to make.

Appears in 12 contracts

Sources: Loan Agreement (Cool Co Ltd.), Loan Agreement (Cool Co Ltd.), Purchase, Sale and Contribution Agreement

No Deductions. All amounts due from the Borrower under this Agreement shall be paid: (a) without any form of set-offset‑off, cross-claim or condition; and (b) free and clear of any tax deduction except a tax deduction which the Borrower is required by law to make.

Appears in 2 contracts

Sources: Loan Agreement (Golar LNG LTD), Loan Agreement (Golar LNG LTD)

No Deductions. All amounts due from the Borrower under this Agreement and the Security Documents shall be paid: (a) without any form of set-off, cross-claim or condition; and (b) free and clear of any tax deduction except a tax deduction which the Borrower is required by law to make.

Appears in 1 contract

Sources: Amendment Agreement (Aegean Marine Petroleum Network Inc.)

No Deductions. All amounts due from the Borrower under this Agreement shall be paid: : (a) without any form of set-off, cross-claim or condition; and (b) free and clear of any tax deduction except a tax deduction which the Borrower is required by law to make.

Appears in 1 contract

Sources: Purchase, Sale and Contribution Agreement

No Deductions. All amounts due from the Borrower under this Agreement and the Security Documents shall be paid:; (a) without any form of set-off, ; cross-claim or condition; and (b) free and clear of any tax deduction except a tax deduction which the Borrower is required by law to make.

Appears in 1 contract

Sources: Loan Agreement (Aegean Marine Petroleum Network Inc.)