Common use of No Right of Set-Off Clause in Contracts

No Right of Set-Off. No Guaranteed Party shall have, as a result of this Agreement, any right of set-off against any amount owing by such Guaranteed Party to or for the credit or the account of a Guarantor.

Appears in 45 contracts

Sources: Cross Guarantee Agreement (Kinder Morgan, Inc.), Cross Guarantee Agreement (Kinder Morgan, Inc.), Cross Guarantee Agreement (Kinder Morgan, Inc.)

No Right of Set-Off. No Guaranteed Party shall have, as a result of this Agreement, any right of set-off against any amount owing by such Guaranteed Party to or for the credit or the account of a Guarantor. 5.

Appears in 1 contract

Sources: Cross Guarantee Agreement