Common use of Payments Taxes Clause in Contracts

Payments Taxes. All payments by the Guarantor shall be made free and clear of any restrictions or conditions, without set-off or counterclaim, and free and clear of, and (subject as hereinafter provided) without deduction for, any taxes, deductions or withholdings of any nature. If any deduction or withholding on account of any such tax or other amount is required by law to be made from any payment, the Guarantor shall pay in the same manner and at the same time such additional amounts as will result in receipt by MLI, free from any liability in respect of any such deduction or withholding, of such amount as would have been received by it had no such deduction or withholding been required to be made. Notwithstanding the foregoing, Guarantor shall not be obligated to pay income or "doing business" taxes imposed upon MLI.

Payments Taxes. All payments by the Guarantor shall be made free and clear of any restrictions or conditions, without set-off or counterclaim, and free and clear of, and (subject as hereinafter provided) without deduction for, any taxes, deductions or withholdings of any nature. If any deduction or withholding on account of any such tax or other amount is required by law to be made from any paymentpay ment, the Guarantor shall pay in the same manner and at the same time such additional amounts as will result in receipt by MLI, MLI free from any liability in respect of any such deduction or withholding, of such amount as would have been received by it had no such deduction or withholding been required to be made. Notwithstanding the foregoing, Guarantor shall not be obligated to pay income or "doing business" taxes imposed upon MLI.