Common use of No Reductions Clause in Contracts

No Reductions. All payments due to Lender under this Agreement and the other Loan Documents, shall be made by Borrower without any reduction or deduction whatsoever, including any reduction or deduction for any charge, set-off, hold back, recoupment or counterclaim (whether sounding in tort, contract or otherwise).

Appears in 5 contracts

Samples: Loan Agreement (Cedar Shopping Centers Inc), Loan Agreement (Cedar Shopping Centers Inc), Loan Agreement (Cedar Income Fund LTD /Md/)

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No Reductions. All payments due to Lender under this Agreement Agreement, the Revolving Note and the other Loan Documents, Documents shall be made by Borrower without any reduction or deduction whatsoever, including any reduction or deduction for any charge, set-off, hold backrecoupment, recoupment or counterclaim (whether sounding in tort, contract or otherwise)) or Tax.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Advance Display Technologies Inc)

No Reductions. All payments due to Lender the Bank under this ------------- Agreement and the other Loan Documents, shall be made by the Borrower without any reduction or deduction whatsoever, including any reduction or deduction for any charge, set-off, hold backrecoupment, recoupment or counterclaim (whether sounding in tort, contract or otherwise)) or Tax, except for any withholding or deduction for Taxes required to be withheld or deducted under Applicable Law.

Appears in 1 contract

Samples: Credit Agreement (International Flavors & Fragrances Inc)

No Reductions. All payments due to Lender the Bank under this Agreement and the other Loan Documents, shall be made by each Borrower without any reduction or deduction whatsoever, including any reduction or deduction for any charge, set-off, hold backrecoupment, recoupment or counterclaim (whether sounding in tort, contract or otherwise)) or Tax, except for any withholding or deduction for Taxes required to be withheld or deducted under Applicable Law.

Appears in 1 contract

Samples: Credit Agreement (New Jersey Resources Corp)

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No Reductions. All payments due to Lender the Bank under this Agreement and the other Loan Documents, shall be made by the Borrower without any reduction or deduction whatsoever, including any reduction or deduction for any charge, set-off, hold backrecoupment, recoupment or counterclaim (whether sounding in tort, contract or otherwise)) or Tax, except for any withholding or deduction for Taxes required to be withheld or deducted under Applicable Law.

Appears in 1 contract

Samples: Credit Agreement (Talbots Inc)

No Reductions. All payments due to the Lender under this Agreement and the other Loan Documents, shall be made by the Borrower without any reduction or deduction whatsoever, including any reduction or deduction for any charge, set-off, hold backholdback, recoupment or counterclaim (whether sounding in tort, contract or otherwise); provided, however, that the Obligations shall be reduced to the extent of any payments made by the Borrower in respect of its obligations under Section 2 (or any successor section) of the Special Suretyship Agreement.

Appears in 1 contract

Samples: Credit Agreement (Nco Group Inc)

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