Common use of No Set-Off, Counterclaim Clause in Contracts

No Set-Off, Counterclaim. The liability of the Guarantor under this Deed will not be reduced or avoided by any defence, set-off or counterclaim available to the Contractor against the Principal.

Appears in 1 contract

Sources: Deed of Guarantee and Indemnity

No Set-Off, Counterclaim. The liability of the Guarantor under this Deed will not be reduced or avoided by any defence, set-off or counterclaim available to the Contractor against the PrincipalState.

Appears in 1 contract

Sources: Contract for Land Sale and Project Design and Construction