Common use of Payments Without Deduction Clause in Contracts

Payments Without Deduction. Each Chargor covenants with the Secured Parties that all payments to be made by it under this Debenture shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

Payments Without Deduction. Each Chargor covenants with the Secured Parties that all payments to be made by it under this Debenture Deed shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.