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

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

No Reductions. All payments due to the Lender under this Agreement and the other Loan Documents, 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 counterclaim or counterclaim (whether sounding in tortTax, contract except for any withholding or otherwise)deduction for Taxes required to be withheld or deducted under Applicable Law.

Appears in 2 contracts

Sources: Commercial Loan Agreement (Beneficient Co Group, L.P.), Commercial Loan Agreement (GWG Holdings, Inc.)

No Reductions. All payments due to Lender under this Agreement 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, setSet-off, hold backrecoupment, recoupment counterclaim or counterclaim (whether sounding in tortsimilar amount, contract or otherwise)except as required by Applicable Law.

Appears in 2 contracts

Sources: Credit Agreement (Curis Inc), Credit Agreement (Curis Inc)

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

Sources: Senior Secured Revolving Credit Agreement (Advance Display Technologies 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

Sources: Credit Agreement (Nco Group Inc)