Common use of Payments in gross Clause in Contracts

Payments in gross. All payments which a Transaction Party is required to make under any Material Document must be: (a) without any set-off, counterclaim or condition; and (b) without any deduction or withholding for any Tax or any other reason, unless, the Transaction Party is required to make a deduction or withholding by applicable law.

Appears in 16 contracts

Sources: Facility Agreement (Me Portfolio Management LTD), Top Up Funding Facility Agreement (Me Portfolio Management LTD), Facility Agreement (Me Portfolio Management LTD)

Payments in gross. All payments which a Transaction Party is required to make under any Material Transaction Document must bebe without: (a) without any set-off, counterclaim or condition; andor (b) without any deduction or withholding for any Tax or any other reason, unless, reason unless the Transaction Party is required to make a deduction or withholding by applicable law.

Appears in 8 contracts

Sources: Facility Agreement (Bullfrog Gold Corp.), Facility Agreement (Apollo Gold Corp), Facility Agreement (Apollo Gold Corp)

Payments in gross. All payments which a Transaction Party is required to make under any Material Document must be: (a) without any set-off, counterclaim or condition; and (b) without any deduction or withholding for any Tax or any other reason, unless, unless the Transaction Party is required to make a deduction or withholding by applicable law.

Appears in 2 contracts

Sources: Payment Funding Facility Agreement (Me Portfolio Management LTD), Payment Funding Facility Agreement (Me Portfolio Management LTD)

Payments in gross. All payments which a Transaction Party is required to make under any Material Transaction Document must be:be without (a) without any set-off, counterclaim or condition; andor (b) without any deduction or withholding for any Tax or any other reason, unless, reason unless the Transaction Party is required to make a deduction or withholding by applicable law.

Appears in 1 contract

Sources: Syndicated Convertible Loan Facility Agreement (Samson Oil & Gas LTD)