Common use of No deduction Clause in Contracts

No deduction. (i) The Borrowers, jointly and severally, agree to pay principal, interest, fees, and all other amounts due hereunder or under the Notes without set-off or counterclaim or any deduction whatsoever. If any Borrower shall hereafter be required by law to deduct any taxes from or in respect of any sum payable hereunder or under any Note to any Lender, any Issuing Bank or the Administrative Agent, (A) the sum payable shall be increased as may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 2.8(b)), such Lender, Issuing Bank or the Administrative Agent (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (B) the Borrowers shall make such deductions and (C) the Borrowers shall pay the full amount deducted to the relevant taxation authority or other authority in accordance with Applicable Law.

No deduction. (i) The Borrowers, jointly and severally, agree Borrower agrees to pay principal, interest, fees, and all other amounts due hereunder or under the Notes without set-off or counterclaim or any deduction whatsoever. If any the Borrower shall hereafter be required by law to deduct any taxes from or in respect of any sum payable hereunder or under any Note to any Lender, any Issuing Bank or the Administrative Agent, (A) the sum payable shall be increased as may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 2.8(b)), such Lender, Issuing Bank or the Administrative Agent (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (B) the Borrowers Borrower shall make such deductions and (C) the Borrowers Borrower shall pay the full amount deducted to the relevant taxation authority or other authority in accordance with Applicable Law.

No deduction. (i) The Borrowers, jointly and severally, agree Borrower agrees to pay principal, interest, fees, and all other amounts due hereunder or under the Notes without set-off or counterclaim or any deduction whatsoever. If any the Borrower shall hereafter be required by law to deduct any taxes from or in respect of any sum payable hereunder or under any Note to any Lender, any Issuing Bank or the Administrative Agent, (A) the sum payable shall be increased as may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 2.8(b)), such Lender, Issuing Bank or the Administrative Agent (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (B) the Borrowers Borrower shall make such deductions and (C) the Borrowers Borrower shall pay the full amount deducted to the relevant taxation authority or other authority in accordance with Applicable Lawapplicable law.

No deduction. (i) The Borrowers, jointly and severally, agree Borrower agrees to pay principal, interest, fees, and all other amounts due hereunder or under the Notes any other Loan Documents without set-off or counterclaim or any deduction whatsoever. If any the Borrower shall hereafter be required by law to deduct any taxes from or in respect of any sum payable hereunder or under any Note other Loan Documents to any Lender, any the Issuing Bank or the Administrative Agent, (A) the sum payable shall be increased as may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 2.8(b)), such Lender, the Issuing Bank or the Administrative Agent (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (B) the Borrowers Borrower shall make such deductions deductions, and (C) the Borrowers Borrower shall pay the full amount deducted to the relevant taxation authority or other authority in accordance with Applicable Law.