Common use of No Reductions Clause in Contracts

No Reductions. All payments due to the Administrative Agent or any Bank under this Agreement shall be made by the Obligors, without any reduction or deduction whatsoever, including any reduction or deduction for any set-off, recoupment, counterclaim or Tax, except, subject to Section 4.07, for any withholding or deduction for Taxes required to be withheld or deducted under applicable law.

Appears in 2 contracts

Samples: Credit Agreement (Cablevisions System Corp /Ny), Credit Agreement (CSC Holdings Inc)

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No Reductions. All payments due to the Administrative Agent or any Bank under this Agreement shall be made by the Obligors, Company without any reduction or deduction whatsoever, including any reduction or deduction for any set-off, recoupment, counterclaim or Tax, except, subject to Section 4.074.08, for any withholding or deduction for Taxes required to be withheld or deducted under applicable law.

Appears in 2 contracts

Samples: Credit Agreement (CSC Holdings Inc), Credit Agreement (CSC Holdings Inc)

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No Reductions. All payments due to the Administrative Agent or any Bank under this Agreement shall be made by the Obligors, Obligors without any reduction or deduction whatsoever, including any reduction or deduction for any set-off, recoupment, counterclaim or Tax, except, subject to Section 4.07, for any withholding or deduction for Taxes required to be withheld or deducted under applicable law.

Appears in 1 contract

Samples: Credit Agreement (CSC Holdings Inc)

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