No Reductions. All payments due to the Agent, the Issuing Bank, or any Bank under the Loan Documents, and all other terms, conditions, covenants and agreements to be observed and performed by the Borrower thereunder, shall be made, observed or performed by the Borrower without any reduction or deduction whatsoever, including any reduction or deduction for any set-off, recoupment, counterclaim (whether sounding in tort, contract or otherwise) or Tax, except, subject to Section 1.13, for any withholding or deduction for Taxes required to be withheld or deducted under Applicable Law.
Appears in 2 contracts
Sources: Revolving Credit Facility (Trigen Energy Corp), 364 Day Revolving Credit Facility (Trigen Energy Corp)
No Reductions. All payments due to the Agent, the Issuing Bank, Collateral Agent or any Bank under the Loan Documents, and all other terms, conditions, covenants and agreements to be observed and performed by the Borrower thereunder, shall be made, observed or performed by the Borrower without any reduction or deduction whatsoever, including any reduction or deduction for any set-off, recoupment, counterclaim (whether sounding in tort, contract or otherwise) or Tax, except, subject to Section 1.13, except for any withholding or deduction for Taxes required to be withheld or deducted under Applicable Law.
Appears in 2 contracts
Sources: Secured Revolving/Term Credit Agreement (Resource Bancshares Mortgage Group Inc), Secured Revolving/Term Credit Agreement (Resource Bancshares Mortgage Group Inc)
No Reductions. All payments due to the Agent, the Issuing Bank, Administrative Agent or any Bank under the Loan Documents, and all other terms, conditions, covenants and agreements to be observed and performed by the Borrower thereunder, shall be made, observed or performed by the Borrower without any reduction or deduction whatsoever, including any reduction or deduction for any set-off, recoupment, counterclaim (whether sounding in tort, contract or otherwise) or Tax, except, subject to Section 1.131.11(c), for any withholding or deduction for Taxes required to be withheld or deducted under Applicable Law.
Appears in 2 contracts
Sources: Credit Agreement (Reinsurance Group of America Inc), Credit Agreement (Reinsurance Group of America Inc)
No Reductions. All payments due to the Agent, the Issuing Bank, Agent or any Bank Lender under the Loan Documents, and all other terms, conditions, covenants and agreements to be observed and performed by the Borrower thereunder, shall be made, observed or performed by the Borrower without any reduction or deduction whatsoever, including any reduction or deduction for any set-off, recoupment, counterclaim (whether sounding in tort, contract or otherwise) or Tax, except, subject to Section 1.13, for any withholding or deduction for Taxes required to be withheld or deducted under Applicable Law.
Appears in 2 contracts
Sources: Secured Credit Agreement (Frontier Airlines Inc /Co/), Secured Credit Agreement (Frontier Airlines Inc /Co/)
No Reductions. All payments due to the Agent, the Issuing Bank, Agent or any Bank under the Loan Documents, and all other terms, conditions, covenants and agreements to be observed and performed by the Borrower thereunder, shall be made, observed or performed by the Borrower without any reduction or deduction whatsoever, including any reduction or deduction for any set-off, recoupment, counterclaim (whether sounding in tort, contract or otherwise) or Tax, except, subject to Section 1.132.13, for any withholding or deduction for Taxes required to be withheld or deducted under Applicable Law.
Appears in 1 contract
Sources: Secured Revolving O&m Costs Facility (Aes Eastern Energy Lp)
No Reductions. All payments due to the Agent, the Issuing Bank, the Swing Loan Lender or any Bank under the Borrower Loan Documents, and all other terms, conditions, covenants and agreements to be observed and performed by the Borrower thereunder, shall be made, observed or performed by the Borrower without any reduction or deduction whatsoever, including any reduction or deduction for any set-off, recoupment, counterclaim (whether sounding in tort, contract or otherwise) or Tax, except, subject to Section 1.13, for any withholding or deduction for Taxes required to be withheld or deducted under Applicable Law.
Appears in 1 contract
No Reductions. All payments due to the Agent, the Issuing Bank, any Bank or any Issuing Bank under the Loan Documents, and all other terms, conditions, covenants and agreements to be observed and performed by the Borrower thereunderhereunder, shall be made, observed or performed by the Borrower without any reduction or deduction whatsoever, including any reduction or deduction for any set-off, recoupmentrecumbent, counterclaim (whether sounding in tort, contract or otherwise) or Tax, except, subject to Section 1.132.13, for any withholding or deduction for Taxes required to be withheld or deducted under Applicable Law.
Appears in 1 contract
No Reductions. All payments due to the Agent, the Issuing Bank, Agent or any Bank Lender under the Loan Credit Documents, and all other terms, conditions, covenants and agreements to be observed and performed by the Borrower Company thereunder, shall be made, observed or performed by the Borrower Company without any reduction or deduction whatsoever, including any reduction or deduction for any set-off, recoupment, counterclaim (whether sounding in tort, contract or otherwise) or Tax, except, subject to Section 1.13, except for any withholding or deduction for Taxes required to be withheld or deducted under Applicable Law.
Appears in 1 contract
No Reductions. All payments due to the Agent, the Issuing Bank, a Swing Loan Lender or any Bank under the Loan Documents, and all other terms, conditions, covenants and agreements to be observed and performed by the Borrower Borrowers thereunder, shall be made, observed or performed by the Borrower Borrowers without any reduction or deduction whatsoever, including any reduction or deduction for any set-off, recoupment, counterclaim (whether sounding in tort, contract or otherwise) or Tax, except, subject to Section 1.13, for any withholding or deduction for Taxes required to be withheld or deducted under Applicable Law.
Appears in 1 contract