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

No Right of Set-Off. No party shall be entitled to set off against any sums owing by it to any other party or any of them under or in connection with this Agreement or any related document any sums owing by such other party to it under or in connection with this Agreement or any related document.

Appears in 6 contracts

Sources: Shareholders’ Agreement, Shareholders’ Agreement, Shareholders’ Agreement (Teekay Corp)

No Right of Set-Off. No party None of the parties shall be entitled to exercise any right of set off against any sums owing by it with respect to any other party or any of them under or in connection with this Agreement or any related document any sums amounts owing by such other party to it under or in connection with this Agreement against any amounts owing to such party under any other agreement or any related documentobligation.

Appears in 3 contracts

Sources: Indemnification Agreement (AmeriCredit Automobile Receivables Trust 2004-C-A), Indemnification Agreement (Bond Securitization LLC), Indemnification Agreement (Household Auto Receivables Corp)

No Right of Set-Off. No party Other than as set forth in this Agreement, no Party shall be entitled have any right to set set-off against or offset any sums owing by it obligation or payment due to any other party or any Party pursuant to the terms of them under or in connection with this Agreement against any obligation or any related document any sums payment due or owing by to such other party Party pursuant to it under or in connection with the terms of this Agreement or any related documentAgreement.

Appears in 2 contracts

Sources: Shared Services Agreement (Verso Paper Holdings LLC), Services Agreement (McGraw-Hill Interamericana, Inc.)

No Right of Set-Off. No Save as provided in clause 2 and clause 10.1, no party shall be entitled to set off against any sums owing by it to any other party or any of them under or in connection with this Agreement or any related document any sums owing by such other party to it under or in connection with this Agreement or any related document.

Appears in 2 contracts

Sources: Subscription and Shareholders’ Agreement, Subscription and Shareholders' Agreement (WPT Enterprises Inc)

No Right of Set-Off. No party shall be entitled have any right to set set-off against or offset any sums owing by it obligation or payment due to any other party or any pursuant to the terms of them under or in connection with this Agreement against any obligation or any related document any sums payment due or owing by to such other party pursuant to it under or in connection with the terms of this Agreement or any related documentAgreement.

Appears in 2 contracts

Sources: Employee Services Agreement, Employee Services Agreement (Momentive Performance Materials Inc.)

No Right of Set-Off. No party shall 17.1 Neither Party will be entitled under any circumstance to set off against off, in whole or in part, any sums owing by due to the other Party under this Agreement against sums due to it to any other party or any of them under or in connection with this Agreement or in consequence of any related document any sums owing by such other party to it under or in connection with this Agreement or any related documentdealings between the Parties.

Appears in 2 contracts

Sources: Professional Services, Professional Services

No Right of Set-Off. No party Party shall be entitled have any right to set off against set-off, net or offset any sums amounts owing by it to any other party such Party or any of them its Affiliates under or in connection with this Agreement or any related document Ancillary Agreement against any sums owing payments to be made or owed by such other party Party or its Affiliates pursuant to it under or in connection with this Agreement Agreement, the Ancillary Agreements or any related documentother agreement among the Parties.

Appears in 1 contract

Sources: Securities Purchase Agreement (Univar Solutions Inc.)

No Right of Set-Off. No party None of the parties shall be entitled to exercise any right of set off against any sums owing by it with respect to any other party or any of them under or in connection with this Agreement or any related document any sums amounts owing by such other party to it under or in connection with this Agreement against any amounts owing to such party under any other agreement or any related document.obligation. Back to Contents

Appears in 1 contract

Sources: Indemnification Agreement (Americredit Automobile Receivable Trust 2005-D-A)

No Right of Set-Off. No party None of the parties shall be entitled to exercise any right of set off against any sums owing by it with respect to any other party or any of them under or in connection with this Agreement or any related document any sums amounts owing by such other party to it under or in connection with this Agreement against any amounts owing to such party under any other agreement or any related document.obligation

Appears in 1 contract

Sources: Indemnification Agreement (Pioneer Protected Principal Trust)

No Right of Set-Off. No party None of the parties shall be entitled to exercise any right of set off against any sums owing by it with respect to any other party or any of them under or in connection with this Agreement or any related document any sums amounts owing by such other party to it under or in connection with this Agreement against any amounts owing to such party under any other agreement or any related documentobligation [Signature page follows.]

Appears in 1 contract

Sources: Indemnification Agreement (Russell Frank Investment Co)