Common use of Payments to Be Free and Clear Clause in Contracts

Payments to Be Free and Clear. All sums payable by the Borrower under this Agreement shall be paid free and clear of and (except to the extent required by law) without any deduction or withholding, whether for or on account of Tax, by way of set-off or otherwise.

Appears in 8 contracts

Sources: Revolving Credit Agreement (Alstom), Revolving Credit Facility Agreement (Alstom), Revolving Credit Agreement (Alstom)

Payments to Be Free and Clear. All sums payable by or on behalf of Borrower hereunder and under the Borrower under this Agreement other Financing Documents shall be paid free and clear of of, and (without any deduction or withholding on account of, any Tax, except to the extent required by law) without any deduction or withholding, whether for or on account of Tax, by way of set-off or otherwise.

Appears in 4 contracts

Sources: Revolving Credit Agreement (Cheniere Energy, Inc.), Revolving Credit Agreement (Cheniere Energy, Inc.), Revolving Credit Agreement (Cheniere Energy Inc)

Payments to Be Free and Clear. All sums payable by the Borrower Company under this Agreement and the other Loan Documents shall be paid free and clear of and (except to the extent required by law) without any deduction or withholding, whether for or withholding on account of Taxany Tax (other than a Tax on the overall net income of any Lender or tax in lieu thereof) imposed, levied, collected, withheld or assessed by way of set-off any governmental authority, domestic or otherwiseforeign.

Appears in 3 contracts

Sources: Revolving Credit Agreement (America West Airlines Inc), Revolving Credit Agreement (America West Holdings Corp), Revolving Credit Agreement (America West Airlines Inc)

Payments to Be Free and Clear. All sums payable by the Borrower under this Agreement Note shall be paid free and clear of and (except to the extent required by law) be paid free and clear of, and without any deduction or withholding, whether for or withholding on account of Taxof, any tax imposed, levied, collected, withheld or assessed by way of set-off or otherwisewithin any governmental authority.

Appears in 3 contracts

Sources: Promissory Note Agreement (American Brewing Company, Inc.), Note Agreement (Sotherly Hotels Lp), Note Agreement (MHI Hospitality CORP)

Payments to Be Free and Clear. All sums payable by the Borrower under this Agreement shall be paid (1) free of any restriction or condition, (2) free and clear of and (except to the extent required by law) without any deduction or withholding, whether withholding for or on account of Taxany tax and (3) without deduction or withholding (except to the extent required by law) on account of any other amount, whether by way of set-off or otherwise.

Appears in 3 contracts

Sources: Loan Agreement (Chartered Semiconductor Manufacturing LTD), Loan Agreement (Chartered Semiconductor Manufacturing LTD), Loan Facility Agreement (American Eagle Tankers Inc LTD)

Payments to Be Free and Clear. All sums payable by the Borrower under this Agreement and the other Transaction Documents to each Lender and each Transaction Agent shall be paid free and clear of and (except to the extent required by law) be paid free and clear of, and without any deduction or withholding, whether for or withholding on account of Taxof, any Tax imposed, levied, collected, withheld or assessed by way of set-off or otherwisewithin any jurisdiction or by or within any political subdivision or taxing authority thereof or therein with respect to such payments.

Appears in 2 contracts

Sources: Loan Agreement (America West Holdings Corp), Loan Agreement (America West Holdings Corp)

Payments to Be Free and Clear. All sums payable by the Borrower under this Agreement and the other Loan Documents shall be paid free and clear of and (except to the extent required by law) without any deduction or withholding, whether for or withholding on account of Taxany Tax (other than a Tax on the overall net income of any Lender) imposed, levied, collected, withheld or assessed by way of set-off any jurisdiction or otherwiseby any political subdivision or taxing authority thereof or therein with respect to such payments.

Appears in 2 contracts

Sources: Credit Agreement (Atlas Air Inc), Credit Agreement (Atlas Air Inc)

Payments to Be Free and Clear. All sums payable by the Borrower under this Agreement shall be paid in full without set-off or counterclaim or any restriction or condition and free and clear of and (except to the extent required by law) without any deduction tax or withholding, whether for other deductions or on account withholdings of Tax, by way of set-off or otherwiseany nature.

Appears in 2 contracts

Sources: Loan Agreement (Hanwha Q CELLS Co., Ltd.), Loan Agreement (Amkor Technology Inc)

Payments to Be Free and Clear. All sums payable by the Borrower under this Agreement shall be paid (a) free of any restriction or condition, (b) free and clear of and (except to the extent required by law) without any deduction or withholding, whether for or withholding on account of Taxany tax and (c) without deduction or withholding (except to the extent required by law) on account of any other amount, whether by way of set-off or otherwise.

Appears in 1 contract

Sources: Facility Agreement (Creative Technology LTD)

Payments to Be Free and Clear. All sums payable by the Borrower under this Agreement and the other Loan Documents shall be paid free and clear of and (except to the extent required by law) without any deduction or withholding, whether for or withholding on account of Taxany Tax (excluding, except as provided in subsection 27B(ii)(e), any Tax on the overall net income of any Lender) imposed, levied, collected, withheld or assessed by way of set-off any jurisdiction or otherwiseby any political subdivision or taxing authority thereof or therein with respect to such payments.

Appears in 1 contract

Sources: Credit Agreement (Atlas Air Inc)

Payments to Be Free and Clear. All sums payable by the Borrower under this Agreement and all sums payable by a Chargor (other than the Borrower) pursuant to its Guarantee, shall be paid free and clear of and (except to the extent required by lawany Requirement of Law) free and clear of and without any deduction or withholding, whether for or withholding on account of Tax, by way of set-off or otherwiseany Tax (a “Tax Deduction”).

Appears in 1 contract

Sources: Issuer/Borrower Facility Agreement (Shurgard Storage Centers Inc)

Payments to Be Free and Clear. All sums payable by the Borrower under this Agreement shall be paid in full without set-off or counterclaim or any restriction or condition and free and clear of and (except to the extent required by law) without any deduction tax or withholding, whether for other deductions or on account withholdings of Tax, by way of set-off or otherwiseany nature.

Appears in 1 contract

Sources: Loan Agreement (Hanwha Q CELLS Co., Ltd.)

Payments to Be Free and Clear. All Any and all sums payable by the Borrower under this the Agreement shall be paid in full, without set-off or counterclaim or any restriction or condition, and free and clear of and (except to the extent required by law) without any Tax, levy, impost, charges or other deduction or withholding, whether for or on account withholding of Tax, by way of set-off or otherwiseany nature.

Appears in 1 contract

Sources: Loan Agreement (Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia TBK)

Payments to Be Free and Clear. All sums payable by the Borrower of any amount due under this Agreement shall be paid (i) free and clear of any restriction or condition of any nature now or hereafter imposed by any government authority whatsoever, (ii) free and clear of and (except to the extent required by lawthe applicable laws) without any deduction or withholding, whether for or withholding on account of Taxany tax and (iii) without any deduction or withholding (except to the extent required by the applicable laws) on account for any other amount, whether by way of set-off or otherwise.

Appears in 1 contract

Sources: Loan Agreement (YY Inc.)

Payments to Be Free and Clear. All sums payable by the Borrower under this Agreement and the other Loan Documents shall be paid free and clear of and (except to the extent required by law) without any deduction or withholding, whether for or withholding on account of Taxany Tax (excluding, except as provided in subsection 2.7B(ii)(e), any Tax on the overall net income of any Lender) imposed, levied, collected, withheld or assessed by way of set-off any jurisdiction or otherwiseby any political subdivision or taxing authority thereof or therein with respect to such payments.

Appears in 1 contract

Sources: Credit Agreement (Atlas Air Worldwide Holdings Inc)

Payments to Be Free and Clear. All sums payable by the Borrower under this Agreement shall be paid (i) free and clear of and (except to the extent required by any applicable law) without any deduction or deduction, withholding, whether restriction or condition for or on account of Taxany tax and (ii) without deduction or withholding (except to the extent required by any applicable law) on account of any other amount, whether by way of set-set off or otherwise.

Appears in 1 contract

Sources: Facility Agreement

Payments to Be Free and Clear. All sums payable by the Borrower under this Agreement shall be paid free of any restriction or condition and free and clear of and (except to the extent required by law) without any deduction or withholding, whether for or on account of Taxtax, by way of set-off or otherwise.

Appears in 1 contract

Sources: Loan Agreement (Smart Hydrogen Inc)

Payments to Be Free and Clear. All sums amounts payable by the each Borrower under this Agreement agreement shall be paid paid: (a) free and clear of any restriction or condition; (b) free and clear of and (except to the extent required by law) without any deduction or withholding, whether for or withholding on account of Taxany tax; and (c) without any deduction or withholding on account of any other amount, whether by way of set-off off, counterclaim or otherwise.

Appears in 1 contract

Sources: Senior Secured Revolving Credit Facilities Agreement (Fletcher Challenge Forests LTD)