Common use of No Setoff Clause in Contracts

No Setoff. Each payment to be made by a Guarantor hereunder in respect of the Guarantee Obligations shall be payable in the currency or currencies in which such Guarantee Obligations are denominated, and shall be made without set-off, counterclaim, reduction or diminution of any kind or nature.

Appears in 20 contracts

Sources: Indenture (Warner Music Group Corp.), Indenture (Warner Music Group Corp.), Indenture (Warner Music Group Corp.)

No Setoff. Each payment to be made by a Guarantor hereunder in respect of the Guarantee Obligations shall be payable in the currency or currencies in which such Guarantee Obligations are denominated, and shall be made without set-offsetoff, counterclaim, reduction or diminution of any kind or nature.

Appears in 15 contracts

Sources: Indenture (Clean Harbors Inc), Indenture (Clean Harbors Inc), Indenture (Clean Harbors Inc)

No Setoff. Each payment to be made by a Guarantor hereunder in respect of the Guarantee Obligations shall be payable in the currency or currencies in which such Guarantee Obligations are denominated, and and, to the fullest extent permitted by law, shall be made without set-offsetoff, counterclaim, reduction or diminution of any kind or nature.

Appears in 5 contracts

Sources: Indenture (Seitel Inc), Indenture (Seitel Inc), Indenture (Curative Health Services Inc)

No Setoff. Each payment to be made by a Guarantor hereunder in respect of the Guarantee Guaranteed Obligations shall be payable in the currency or currencies in which such Guarantee Guaranteed Obligations are denominated, and shall be made without set-off, counterclaim, reduction or diminution of any kind or nature.

Appears in 1 contract

Sources: Indenture (Dollarama CORP)

No Setoff. Each payment to be made by a the Guarantor hereunder in respect of the Guarantee Obligations shall be payable in the currency or currencies in which such Guarantee Obligations are denominated, and shall be made without set-off, counterclaim, reduction or diminution of any kind or nature.

Appears in 1 contract

Sources: Guarantee (Warner Music Group Corp.)