No Setoff, etc. The obligations of the Company to pay the principal balance and interest due to the Holder shall be absolute and unconditional and the Company shall make such payment without abatement, diminution or deduction regardless of any cause or circumstances whatsoever including, without limitation, any defense, setoff, recoupment, or counterclaim which the Company may have or assert against the Holder or any other person.
Appears in 7 contracts
Sources: Convertible Promissory Note (SaasMAX, Inc.), Convertible Promissory Note (SaasMAX, Inc.), Convertible Promissory Note (SaasMAX, Inc.)
No Setoff, etc. The obligations of the Company to pay the principal balance and interest due to the Note Holder shall be absolute and unconditional and the Company shall make such payment without abatement, diminution or deduction regardless of any cause or circumstances whatsoever including, without limitation, any defense, setoff, recoupment, or counterclaim which the Company may have or assert against the Holder or any other person.
Appears in 1 contract
Sources: Senior Secured Convertible Promissory Note (Textmunication Holdings, Inc.)