Unconditional Obligations and No Deductions Sample Clauses

Unconditional Obligations and No Deductions. The Borrower's obligation to make all payments provided for in this Agreement and the other Financing Documents shall be unconditional. Each such payment shall be made without deduction for any claim, defense or offset of any type, including without limitation any withholdings and other deductions on account of income or other taxes and regardless of whether any claims, defenses or offsets of any type exist.
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Unconditional Obligations and No Deductions. The Company's obligation to make all payments provided for in this Agreement and the Notes shall be unconditional. Each such payment shall be made without relief from valuation and appraisement laws and without deduction for any claim, defense or offset of any type, including without limitation any withholdings and other deductions on account of income or other taxes and regardless of whether any claims, defenses or offsets of any type exist.
Unconditional Obligations and No Deductions. The Borrower's obligation to make all payments provided for in this Agreement and/or the Notes shall be unconditional. Each such payment shall be made without deduction for any claim, defense or offset of any type, including, without limitation, any withholdings and other deductions on account of income or other taxes and regardless of whether any claims, defenses or offsets of any type exist; provided, however, that the foregoing shall not apply to any withholding tax or other amount that the Borrower is legally prohibited from paying a Bank or Banks or an Issuing Bank or Issuing Banks or where the Borrower could incur a civil or criminal penalty it if paid such amount to a Bank or Banks or an Issuing Bank or Issuing Banks. However, this Section 2.05 (c) shall not constitute a waiver of any claims the Borrower may hereafter have at law against any of the Banks or Issuing Banks. Amounts withheld by the Borrower and remitted to proper taxing or other governmental authorities shall be treated as having been paid by the Borrower to the Agent for the benefit of the Bank or Issuing Bank as to which such withholding was made under this Agreement.
Unconditional Obligations and No Deductions. The Borrower's obligation to make all payments provided for in this Agreement and/or the Notes shall be unconditional. Each such payment shall be made without deduction for any claim, defense or offset of any type, including, without limitation, any withholdings and other deductions on account of income or other taxes and regardless of whether any claims, defenses or offsets of any type exist; provided, however, that the foregoing shall not apply to any withholding tax or other amount that the Borrower is legally prohibited from paying a Bank or Banks or where the Borrower could incur a civil or criminal penalty it if paid such amount to a Bank or Banks. However, this Section 2.05(C) shall not constitute a waiver of any claims the Borrower may hereafter have at law against any of the Banks. Amounts withheld by the Borrower and 30 remitted to proper taxing or other governmental authorities shall be treated as having been paid by the Borrower to the Agent for the benefit of the Bank as to which such withholding was made under this Agreement.
Unconditional Obligations and No Deductions. The Borrower's obligation to make all payments provided for in this Agreement and/or the Notes shall be unconditional. Each such payment shall be made without deduction for any claim, defense or offset of any type, regardless of whether any claims, defenses or offsets of any type exist. Section 2.10. Payment on Non-Business Days. Whenever any payment to be made hereunder or under the Notes shall be stated to be due on a day other than a Business Day, subject to the last sentence of the definition of "Interest Period," such payment shall be made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of fees, if any, and interest under this Agreement and under the Notes.

Related to Unconditional Obligations and No Deductions

  • Obligations Unconditional The obligations of the Guarantors under Section 11.01 shall constitute a guaranty of payment and to the fullest extent permitted by applicable Law, are absolute, irrevocable and unconditional, joint and several, irrespective of the value, genuineness, validity, regularity or enforceability of the Guaranteed Obligations of the Borrower under this Agreement, the Notes, if any, or any other agreement or instrument referred to herein or therein, or any substitution, release or exchange of any other guarantee of or security for any of the Guaranteed Obligations, and, irrespective of any other circumstance whatsoever that might otherwise constitute a legal or equitable discharge or defense of a surety or Guarantor (except for payment in full). Without limiting the generality of the foregoing, it is agreed that the occurrence of any one or more of the following shall not alter or impair the liability of the Guarantors hereunder which shall remain absolute, irrevocable and unconditional under any and all circumstances as described above:

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