Common use of No Setoff Clause in Contracts

No Setoff. No Seller’s obligations under this Agreement shall be affected by any right of setoff, counterclaim, recoupment, defense or other right such Seller might have against the Purchaser, all of which rights are hereby expressly waived by such Seller.

Appears in 22 contracts

Sources: Receivables Sale Agreement (GE TF Trust), Receivables Sale Agreement (GE TF Trust), Receivables Sale Agreement (GE TF Trust)

No Setoff. No The Seller’s obligations under this Agreement shall not be affected by any right of setoff, counterclaim, recoupment, defense or other right such the Seller might have against the Purchaser, all of which rights are hereby expressly waived by such the Seller.

Appears in 18 contracts

Sources: Receivables Purchase and Sale Agreement (GE Equipment Transportation LLC, Series 2014-1), Receivables Purchase and Sale Agreement (GE Equipment Transportation LLC, Series 2014-1), Receivables Purchase and Sale Agreement (GECB Equipment Funding, LLC)

No Setoff. No Seller’s obligations under this Agreement shall not be affected by any right of setoff, counterclaim, recoupment, defense or other right such Seller might have against the PurchaserBuyer, all of which rights are hereby expressly waived by such Seller.

Appears in 11 contracts

Sources: Receivables Sale Agreement (Synchrony Card Issuance Trust), Receivables Sale Agreement, Receivables Purchase and Contribution Agreement (CDF Funding, Inc.)

No Setoff. No The Seller’s 's obligations under this Agreement shall not be affected by any right of setoff, counterclaim, recoupment, defense or other right such the Seller might have against the Purchaser, all of which rights are hereby expressly waived by such the Seller.

Appears in 6 contracts

Sources: Loan Purchase and Sale Agreement (Cef Equipment Holding LLC), Loan Sale Agreement (GE Equipment Midticket LLC, Series 2006-1), Loan Purchase and Sale Agreement (GE Equipment Midticket LLC, Series 2006-1)

No Setoff. No None of the Seller’s obligations under this Agreement shall be affected by any right of setoff, counterclaim, recoupment, defense or other right such the Seller might have against the Purchaser, all of which rights are hereby expressly waived by such the Seller.

Appears in 6 contracts

Sources: Loan Sale Agreement (GE Equipment Transportation LLC, Series 2012-2), Loan Sale Agreement (GE Equipment Transportation LLC, Series 2012-2), Loan Sale Agreement (GE Equipment Transportation LLC, Series 2012-1)

No Setoff. No The Seller’s obligations under this Agreement shall not be affected by any right of setoff, counterclaim, recoupment, defense or other right such the Seller might have against the Purchaser, all of which rights are hereby expressly waived by such the Seller.

Appears in 5 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

No Setoff. No Each Seller’s obligations under this Agreement shall not be affected by any right of setoff, counterclaim, recoupment, defense or other right such Seller might have against the PurchaserBuyer or any of its assigns, all of which rights are hereby expressly waived by such Seller.

Appears in 3 contracts

Sources: Receivables Sale Agreement (Sungard Data Systems Inc), Receivables Sale Agreement (SunGard Systems International Inc.), Receivables Sale Agreement (Sungard Data Systems Inc)

No Setoff. No A Seller’s obligations under this Agreement shall not be affected by any right of setoff, counterclaim, recoupment, defense or other right such Seller might have against the PurchaserBuyer, all of which rights are hereby expressly waived by such Seller.

Appears in 2 contracts

Sources: Receivables Sale Agreement (CDF Funding, Inc.), Receivables Sale Agreement (CDF Funding, Inc.)

No Setoff. No Seller’s 's obligations under this Agreement shall not be affected by any right of setoff, counterclaim, recoupment, defense or other right such Seller might have against the PurchaserBuyer, all of which rights are hereby expressly waived by such Seller.

Appears in 2 contracts

Sources: Receivables Purchase and Contribution Agreement (CDF Funding, Inc.), Receivables Purchase and Contribution Agreement (CDF Funding, Inc.)

No Setoff. No The Seller’s obligations under this Agreement shall not be affected by any right of setoff, counterclaim, recoupment, defense or other right such the Seller might have against the Purchaser, all of which rights are hereby expressly waived by such the Seller.. 14 Receivables Purchase and Sale Agreement

Appears in 2 contracts

Sources: Receivables Purchase and Sale Agreement (GE Equipment Transportation LLC, Series 2013-2), Receivables Purchase and Sale Agreement (GE Equipment Transportation LLC, Series 2013-2)

No Setoff. No The Seller’s obligations under this Agreement shall not be affected by any right of setoff, counterclaim, recoupment, defense or other right such the Seller might have against the Purchaser, all of which rights are hereby expressly waived by such the Seller.

Appears in 1 contract

Sources: Purchase and Sale Agreement

No Setoff. No Seller’s 's obligations under this Agreement shall be affected by any right of setoff, counterclaim, recoupment, defense or other right such Seller might have against the Purchaser, all of which rights are hereby expressly waived by such Seller.. Loan Sale Agreement

Appears in 1 contract

Sources: Loan Sale Agreement (Cef Equipment Holding Ge Commerical Equip Fin Series 2004-1)

No Setoff. No A Seller’s 's obligations under this Agreement shall not be affected by any right of setoff, counterclaim, recoupment, defense or other right such Seller might have against the PurchaserBuyer, all of which rights are hereby expressly waived by such Seller.

Appears in 1 contract

Sources: Receivables Sale Agreement (CDF Funding, Inc.)

No Setoff. No The Receivables Seller’s 's obligations under this Agreement shall not be affected by any right of setoff, counterclaim, recoupment, defense or other right such the Receivables Seller might have against Receivables Purchaser, any Purchaser or the PurchaserAdministrative Agent, all of which rights are hereby expressly waived by such the Receivables Seller.

Appears in 1 contract

Sources: Receivables Sale and Contribution Agreement (Advancepcs)

No Setoff. No The Seller[’]’s obligations under this Agreement shall not be affected by any right of setoff, counterclaim, recoupment, defense or other right such the Seller might have against the Purchaser, all of which rights are hereby expressly waived by such the Seller.

Appears in 1 contract

Sources: Purchase and Sale Agreement

No Setoff. No Each Seller’s obligations under this Agreement shall not be affected by any right of setoff, counterclaim, recoupment, defense or other right such Seller might have against the PurchaserBuyer, all of which rights are hereby expressly waived by such Seller.

Appears in 1 contract

Sources: Receivable Purchase Agreement (Toro Co)

No Setoff. No Seller’s 's obligations under this Agreement shall be affected by any right of setoff, counterclaim, recoupment, defense or other right such Seller might have against the Purchaser, all of which rights are hereby expressly waived by such Seller.

Appears in 1 contract

Sources: Loan Sale Agreement (Cef Equipment Holding LLC)