Common use of No Setoffs Clause in Contracts

No Setoffs. All amounts due hereunder or under the Notes or the other Loan Documents shall be payable without setoff, counterclaim or any other deduction whatsoever.

Appears in 6 contracts

Sources: Loan Agreement (Strategic Hotel Capital Inc), Mezzanine Construction Loan Agreement (Prime Group Realty Trust), Credit Agreement (Prime Group Realty Trust)

No Setoffs. All amounts due hereunder or under the Notes Note or the other Loan Documents shall be payable without setoff, counterclaim or any other deduction whatsoever.

Appears in 5 contracts

Sources: Mezzanine Loan Agreement (Strategic Hotel Capital Inc), Mezzanine Loan Agreement (Strategic Hotel Capital Inc), Loan Agreement (Colony Resorts LVH Acquisitions LLC)

No Setoffs. All amounts due hereunder or under the Notes or the other Loan Transaction Documents shall be payable without setoff, counterclaim or any other deduction whatsoever.

Appears in 1 contract

Sources: Indenture (Strategic Hotel Capital Inc)