Common use of No set-off by the Borrower Clause in Contracts

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Documents shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

Appears in 164 contracts

Sources: Facility Agreement (NXP Semiconductors N.V.), Facility Agreement (NXP Semiconductors N.V.), Bridge Facilities Agreement (Compagnie Maritime Belge NV)

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Documents this Agreement shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

Appears in 23 contracts

Sources: Facility Agreement (Car Tech, LLC), Facility Agreement, Short Term Credit Facility Agreement

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Documents this Contract shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

Appears in 17 contracts

Sources: Finance Contract (Edap TMS Sa), Finance Contract (Agco Corp /De), Loan Restructuring Agreement (Scinai Immunotherapeutics Ltd.)

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Documents shall be calculated and be made without (and free and clear of any deduction for) set-off set‑off or counterclaim.

Appears in 4 contracts

Sources: Bpifae Facility Agreement (Globalstar, Inc.), Second Lien Facility Agreement (Globalstar, Inc.), Bpifae Facility Agreement (Globalstar, Inc.)

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Documents shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaimcounterclaim unless the counterclaim is undisputed or has been confirmed in a final non-appealable judgement.

Appears in 3 contracts

Sources: Shareholder Loan Facility Agreement (Novartis Ag), Syndicated Multicurrency Term Loan Facility Agreement (Sap France S.A.), Syndicated Multicurrency Term Loan Facility Agreement (Sap Aktiengesellschaft Systems Applications Products in Data)

No set-off by the Borrower. All payments to be made by the Borrower an Obligor under the Finance Documents shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

Appears in 3 contracts

Sources: Securitisation Agreement (Encore Capital Group Inc), Securitization Agreement (Encore Capital Group Inc), Senior Facility Agreement (Encore Capital Group Inc)

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Documents shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim; except in respect of claims of the Borrower which are either undisputed between the relevant Finance Party and such Obligor or which have been the subject of a final court judgement.

Appears in 3 contracts

Sources: Term Loan Facility Agreement (Advanced Micro Devices Inc), Term Loan Facility Agreement (Advanced Micro Devices Inc), Term Loan Facility Agreement (Advanced Micro Devices Inc)

No set-off by the Borrower. All payments to be made by the any Borrower under the Finance Documents this Contract shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

Appears in 3 contracts

Sources: Amendment Agreement (LivaNova PLC), Finance Contract (LivaNova PLC), Finance Contract (LivaNova PLC)

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Transaction Documents shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

Appears in 2 contracts

Sources: Facility Agreement (Avolon Holdings LTD), Facility Agreement (Avolon Holdings LTD)

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Documents shall must be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

Appears in 2 contracts

Sources: Working Capital Facility Agreement (Atlatsa Resources Corp), Working Capital Facility Agreement (Atlatsa Resources Corp)

No set-off by the Borrower. All payments to be made by the any Borrower under the Finance Documents shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

Appears in 2 contracts

Sources: Credit Facility Agreement, Facility Agreement (Fabrinet)

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Documents shall be calculated and be made without (and free and clear of any deduction for) set-off off, deduction or counterclaim.

Appears in 2 contracts

Sources: Working Capital Loan Agreement, Working Capital Loan Agreement

No set-off by the Borrower. All Save as contemplated in clause 8.2.1, all payments to be made by the Borrower under the Finance Documents shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

Appears in 2 contracts

Sources: Term Loan Facility Agreement, Term Loan Facility Agreement (Sibanye Gold LTD)

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Documents shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaimcounter claim.

Appears in 2 contracts

Sources: Rupee Term Facility Agreement (Sterlite Industries (India) LTD), Rupee Term Facility Agreement (Sterlite Industries (India) LTD)

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Facility Documents shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

Appears in 2 contracts

Sources: Term and Letter of Credit Facility Agreement (Cascal B.V.), Subordinated Secured Term and Letter of Credit Facility Agreement (Cascal B.V.)

No set-off by the Borrower. All payments to be made by the Borrower Borrowers under the Finance Documents shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

Appears in 2 contracts

Sources: Facility Agreement (Via Net Works Inc), Facility Agreement (Mawlaw 660, LTD)

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Documents this Contract shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

Appears in 2 contracts

Sources: Finance Contract, Finance Contract

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Documents this Contract shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

Appears in 2 contracts

Sources: Finance Contract, Finance Contract

No set-off by the Borrower. All payments to be made by the Borrower under the this Agreement or any other Finance Documents Document shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

Appears in 1 contract

Sources: Term Facility Agreement (Grupo Financiero Galicia Sa)

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Loan Documents shall be calculated and be made without (and free and clear of any deduction for) set-set off or counterclaim.

Appears in 1 contract

Sources: Facility Agreement (Atlas Air Worldwide Holdings Inc)

No set-off by the Borrower. All payments to be made by the Borrower or the Collateral Provider under the Finance Documents shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

Appears in 1 contract

Sources: Multicurrency Letter of Credit Facility Agreement (Flagstone Reinsurance Holdings, S.A.)

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Documents shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

Appears in 1 contract

Sources: Revolving Credit Facility Agreement (Nordic American Tanker Shipping LTD)

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Documents this Contract shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.counterclaim.‌

Appears in 1 contract

Sources: Finance Contract

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Documents shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

Appears in 1 contract

Sources: Loan Facility Agreement

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Documents this Contract shall be calculated and be made without (and free and clear of any deduction for) set-off (including statutory set-off) or counterclaim.

Appears in 1 contract

Sources: Finance Contract (Brenmiller Energy Ltd.)

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Documents shall be calculated and be made without (and free and clear of any deduction for) set-set off or counterclaim.

Appears in 1 contract

Sources: Loan Agreement

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Documents shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.. 61 Simmons & Simmons

Appears in 1 contract

Sources: Facility Agreement (PCCW LTD)