Example ContractsClausesdeduction of taxVariants
Remove:

Payments Free of Taxes. Any and all payments by or on account of any obligation of any Borrower under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by applicable Law. If any applicable Law (as determined in the good faith discretion of an applicable Withholding Agent) requires the deduction or withholding of any Tax from any such payment by a Withholding Agent, then the applicable Withholding Agent shall be entitled to make such deduction or withholding and shall timely pay the full amount deducted or withheld to the relevant Governmental Authority in accordance with applicable Law and, if such Tax is an Indemnified Tax, then the sum payable by the applicable Borrower shall be increased as necessary so that after such deduction or withholding has been made (including such deductions and withholdings applicable to additional sums payable under this [Section 3.01]) the applicable Recipient receives an amount equal to the sum it would have received had no such deduction or withholding been made. For the avoidance of doubt, this [Section 3.01(b)] shall not apply to U.K. Tax Deductions (to which the provisions of [Section 3.01(i)] shall apply).

Payments Free of Taxes. Any and all payments by or on account of any obligation of anythe Borrower hereunder or under any other Loan Document shall be made free and clear of and without deduction or withholding for any Taxes, except as required by applicable Law. If any applicable Law (as determined in the good faith discretion of an applicable Withholding Agent) requires the deduction or withholding of any Tax from any such payment by a Withholding Agent, then the applicable Withholding Agent shall be entitled to make such deduction or withholding and shall timely pay the full amount deducted or withheld to the relevant Governmental Authority in accordance with applicable Law and, if such Tax is an Indemnified Tax, then the sum payable by the applicable Borrower shall be increased as necessary so that after such deduction or withholding has been made (including such deductions and withholdings applicable to additional sums payable under this [Section 3.01]2]) the applicable Recipient receives an amount equal to the sum it would have received had no such deduction or withholding been made. For the avoidance of doubt, this [Section 3.01(b)] shall not apply to U.K. Tax Deductions (to which the provisions of [Section 3.01(i)] shall apply).

Payments Free of Taxes. Any and all payments by or on account of any obligation of any Borrowerthe Borrowers under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by applicable Law.law. If any applicable Lawlaw (as determined in the good faith discretion of an applicable Withholding Agent)withholding agent) requires the deduction or withholding of any Tax from any such payment by a Withholding Agent,withholding agent, then the applicable Withholding Agentwithholding agent shall be entitled to make such deduction or withholding and shall timely pay the full amount deducted or withheld to the relevant Governmental Authority in accordance with applicable Lawlaw and, if such Tax is an Indemnified Tax, then the sum payable by the applicable BorrowerBorrowers shall be increased as necessary so that after such deduction or withholding has been made (including such deductions and withholdings applicable to additional sums payable under this Section[Section 3.01)5]) the applicable Recipient receives an amount equal to the sum it would have received had no such deduction or withholding been made. For the avoidance of doubt, this [Section 3.01(b)] shall not apply to U.K. Tax Deductions (to which the provisions of [Section 3.01(i)] shall apply).

Payments Free of Taxes. Any and all payments by or on account of any obligation of any Borrowerthe Borrowers under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by applicable Law.law. If any applicable Lawlaw (as determined in the good faith discretion of an applicable Withholding Agent)withholding agent) requires the deduction or withholding of any Tax from any such payment by a Withholding Agent,withholding agent, then the applicable Withholding Agentwithholding agent shall be entitled to make such deduction or withholding and shall timely pay the full amount deducted or withheld to the relevant Governmental Authority in accordance with applicable Lawlaw and, if such Tax is an Indemnified Tax, then the sum payable by the applicable BorrowerBorrowers shall be increased as necessary so that after such deduction or withholding has been made (including such deductions and withholdings applicable to additional sums payable under this Section[Section 3.01)5]) the applicable Recipient receives an amount equal to the sum it would have received had no such deduction or withholding been made. For the avoidance of doubt, this [Section 3.01(b)] shall not apply to U.K. Tax Deductions (to which the provisions of [Section 3.01(i)] shall apply).

PaymentsPayment Free of Taxes. Any and all payments by or on account of any obligation of any Borrower under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by applicable Law.law. If any applicable Lawlaw (as determined in the good faith discretion of an applicable Withholding Agent) requires the deduction or withholding of any Tax from any such payment by a Withholding Agent, then the applicable Withholding Agent shall be entitled to make such deduction or withholding and shall timely pay the full amount deducted or withheld to the relevant Governmental Authority in accordance with applicable Lawlaw and, if such Tax is an Indemnified Tax, then the sum payable by the applicable Borrower shall be increased as necessary so that after such deduction or withholding has been made (including such deductions and withholdings applicable to additional sums payable under this Section[Section 3.01)4]) the applicable Recipient receives an amount equal to the sum it would have received had no such deduction or withholding been made. For the avoidance of doubt, this [Section 3.01(b)] shall not apply to U.K. Tax Deductions (to which the provisions of [Section 3.01(i)] shall apply).

Payments Free of Taxes. Any and all payments by or on account of any obligation of anythe Borrower under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by applicable Law.law. If any applicable Lawlaw (as determined in the good faith discretion of an applicable Withholding Agent)withholding agent) requires the deduction or withholding of any Tax from any such payment by a Withholding Agent,withholding agent, then the applicable Withholding Agentwithholding agent shall be entitled to make such deduction or withholding and shall timely pay the full amount deducted or withheld to the relevant Governmental Authority in accordance with applicable Lawlaw and, if such Tax is an Indemnified Tax, then the sum payable by the applicable Borrower shall be increased as necessary so that after such deduction or withholding has been made (including such deductions and withholdings applicable to additional sums payable under this [Section 3.01]5]) the applicable Recipient receives an amount equal to the sum it would have received had no such deduction or withholding been made. For the avoidance of doubt, this [Section 3.01(b)] shall not apply to U.K. Tax Deductions (to which the provisions of [Section 3.01(i)] shall apply).

Payments Free of Taxes. Any and all payments by or on account of any obligation of any Borrower under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by applicable Law.law. If any applicable Lawlaw (as determined in the good faith discretion of an applicable Withholding Agent) requires the deduction or withholding of any Tax from any such payment by a Withholding Agent, then the applicable Withholding Agent shall be entitled to make such deduction or withholding and shall timely pay the full amount deducted or withheld to the relevant Governmental Authority in accordance with applicable Lawlaw and, if such Tax is an Indemnified Tax, then the sum payable by the applicable Borrower shall be increased as necessary so that after such deduction or withholding has been made (including such deductions and withholdings applicable to additional sums payable under this Section 3.01)Section) the applicable Recipient receives an amount equal to the sum it would have received had no such deduction or withholding been made. For the avoidance of doubt, this [Section 3.01(b)] shall not apply to U.K. Tax Deductions (to which the provisions of [Section 3.01(i)] shall apply).

Payments Free of Taxes. Any and all payments by or on account of any obligation of anythe Borrower under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by applicable Law.law. If any applicable Lawlaw (as determined in the good faith discretion of an applicable Withholding Agent) requires the deduction or withholding of any Tax from any such payment by a Withholding Agent, then the applicable Withholding Agent shall be entitled to make such deduction or withholding and shall timely pay the full amount deducted or withheld to the relevant Governmental Authority in accordance with applicable Lawlaw and, if such Tax is an Indemnified Tax, then the sum payable by the applicable Borrower shall be increased as necessary so that after such deduction or withholding has been made (including such deductions and withholdings applicable to additional sums payable under this [Section 3.01])Section) the applicable Recipient receives an amount equal to the sum it would have received had no such deduction or withholding been made. For the avoidance of doubt, this [Section 3.01(b)] shall not apply to U.K. Tax Deductions (to which the provisions of [Section 3.01(i)] shall apply).

Payments Free of Taxes. Any and all payments by or on account of any obligation of anythe Borrower under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by applicable Law.law. If any applicable Lawlaw (as determined in the good faith discretion of an applicable Withholding Agent)withholding agent) requires the deduction or withholding of any Tax from any such payment by a Withholding Agent,withholding agent, then the applicable Withholding Agentwithholding agent shall be entitled to make such deduction or withholding and shall timely pay the full amount deducted or withheld to the relevant Governmental Authority in accordance with applicable Lawlaw and, if such Tax is an Indemnified Tax, then the sum payable by the applicable Borrower shall be increased as necessary so that after such deduction or withholding has been made (including such deductions and withholdings applicable to additional sums payable under this Section 3.01)Section) the applicable Recipient receives an amount equal to the sum it would have received had no such deduction or withholding been made. For the avoidance of doubt, this [Section 3.01(b)] shall not apply to U.K. Tax Deductions (to which the provisions of [Section 3.01(i)] shall apply).

Payments Free of Taxes. Any and all payments by or on account of any obligation of any BorrowerLoan Party under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by applicable Law.Applicable Laws. If any applicablean Applicable Law (as determined in the good faith discretion of an applicable Withholding Agent)withholding agent) requires the deduction or withholding of any Tax from any such payment by a Withholding Agent,the applicable withholding agent, then the applicable Withholding Agentwithholding agent shall be entitled to make such deduction or withholding and shall timely pay the full amount deducted or withheld to the relevant Governmental Authority in accordance with applicableApplicable Law and, if such Tax is an Indemnified Tax, then the sum payable by the applicable BorrowerLoan Party shall be increased as necessary so that after such deduction or withholding has been made (including such deductions and withholdings applicable to additional sums payable under this [SectionSection 3.01])01) the applicable Recipient receives an amount equal to the sum it would have received had no such deduction or withholding been made. For the avoidance of doubt, this [Section 3.01(b)] shall not apply to U.K. Tax Deductions (to which the provisions of [Section 3.01(i)] shall apply).

Load more...
Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.