No Setoffs or Counterclaims. All payments hereunder and under the other Loan Documents made by or on behalf of Borrower shall be made without setoff or counterclaim and free and clear of, and without deduction or withholding for or on account of, any federal, state or local taxes.
Appears in 4 contracts
Sources: Security Agreement (Leisure Time Casinos & Resorts Inc), Security Agreement (Leisure Time Casinos & Resorts Inc), Security Agreement (Leisure Time Casinos & Resorts Inc)
No Setoffs or Counterclaims. All Except as otherwise provided by applicable law, all payments hereunder and under the other Loan Documents made by or on behalf of Borrower Borrowers shall be made without setoff or counterclaim and free and clear of, and without deduction or withholding for or on account of, any federal, state state, or local taxes.
Appears in 2 contracts
Sources: Loan and Security Agreement (Proxim Corp), Loan and Security Agreement (Proxim Corp)
No Setoffs or Counterclaims. All payments hereunder and under the other Loan Documents made by or on behalf of Borrower shall be made without setoff or counterclaim and free and clear of, and without deduction or withholding for or on account of, any federal, state or provincial, or local taxes.
Appears in 1 contract
No Setoffs or Counterclaims. All payments hereunder and under the other Loan Documents made by or on behalf of Borrower or its Subsidiaries shall be made without setoff or counterclaim and free and clear of, and without deduction or withholding for or on account of, any federal, state state, or local taxes.
Appears in 1 contract
Sources: Loan and Security Agreement (Image Entertainment Inc)
No Setoffs or Counterclaims. All payments hereunder and under the other Loan Documents made by or on behalf of Borrower shall be made without with setoff or and counterclaim and free and clear of, and without deduction or withholding for or on account of, any federalFederal, state state, or local taxes.
Appears in 1 contract
No Setoffs or Counterclaims. All payments hereunder and under the other Loan Documents made by or on behalf of Borrower Borrowers shall be made without setoff or counterclaim and free and clear of, and without deduction or withholding for or on account of, any federal, state state, or local taxes.
Appears in 1 contract
Sources: Loan and Security Agreement (Neostar Retail Group Inc)
No Setoffs or Counterclaims. All payments hereunder and under the other Loan Documents made by or on behalf of any Borrower shall be made without setoff or counterclaim and free and clear of, and without deduction or withholding for or on account of, any federal, state state, or local taxes.
Appears in 1 contract
Sources: Loan and Security Agreement (Midcom Communications Inc)
No Setoffs or Counterclaims. All payments hereunder and under the other Loan Documents made by or on behalf of Borrower or any Subsidiary shall be made without setoff or counterclaim and free and clear of, and without deduction or withholding for or on account of, any federal, state state, or local taxes.
Appears in 1 contract
Sources: Loan and Security Agreement (Concurrent Computer Corp/De)
No Setoffs or Counterclaims. All payments hereunder and under the other Loan Documents made by or on behalf of Borrower shall be made without setoff or counterclaim and free and clear of, and without deduction or withholding for or on account of, of any federal, state State or local taxes.
Appears in 1 contract
Sources: Loan and Security Agreement (Global One Distribution & Merchandising Inc)
No Setoffs or Counterclaims. All payments hereunder and under the other Loan Documents made by or on behalf of any Borrower shall be made without setoff or counterclaim and free and clear of, and without deduction or withholding for or on account of, any federal, state State or local taxes.
Appears in 1 contract
Sources: Loan and Security Agreement (Pia Merchandising Services Inc)
No Setoffs or Counterclaims. All Except as otherwise provided by applicable law, all payments hereunder and under the other Loan Documents Documents, if any, made by or on behalf of Borrower shall be made without setoff or counterclaim and free and clear of, and without deduction or withholding for or on account of, any federal, state state, or local taxes.
Appears in 1 contract