Common use of No Reductions Clause in Contracts

No Reductions. All payments due to the Bank under this ------------- Agreement shall be made 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 for any withholding or deduction for Taxes required to be withheld or deducted under Applicable Law.

Appears in 1 contract

Sources: Credit Agreement (International Flavors & Fragrances Inc)

No Reductions. All payments due to the Bank under this ------------- Agreement shall be made 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 for any withholding or deduction for Taxes required to be withheld or deducted under Applicable Law.

Appears in 1 contract

Sources: Credit Agreement (Talbots Inc)

No Reductions. All payments due to the Bank under this ------------- Agreement shall be made by the each 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 for any withholding or deduction for Taxes required to be withheld or deducted under Applicable Law.

Appears in 1 contract

Sources: Credit Agreement (New Jersey Resources Corp)