Common use of Offset Clause in Contracts

Offset. The Note, the Guaranteed Obligations and the liabilities and obligations of Guarantor to Lender hereunder, shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of Borrower against Lender, or any other party, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 10 contracts

Sources: Guaranty (Stratus Properties Inc), Guaranty (Stratus Properties Inc), Guaranty (Stratus Properties Inc)

Offset. The Note, the Guaranteed Obligations and the liabilities and obligations of the Guarantor to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of Borrower against Lender, or any other party, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 10 contracts

Sources: Guaranty (TNP Strategic Retail Trust, Inc.), Guaranty (CNL Healthcare Trust, Inc.), Guaranty (CNL Healthcare Trust, Inc.)

Offset. The Note, the Guaranteed Obligations and the liabilities and obligations of Guarantor to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of Borrower or Guarantor against Lender, or any other party, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 7 contracts

Sources: Guaranty (Owens Realty Mortgage, Inc.), Guaranty (Owens Realty Mortgage, Inc.), Guaranty (IMH Financial Corp)

Offset. The Note, the Guaranteed Obligations and the liabilities and obligations of the Guarantor to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of Borrower against Lender, or any other party, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise, other than a defense based on actual performance of the Guaranteed Obligations sought to be enforced hereunder.

Appears in 6 contracts

Sources: Non Recourse Guaranty (Maguire Properties Inc), Non Recourse Guaranty, Non Recourse Guaranty (Maguire Properties Inc)

Offset. The Note, the Guaranteed Obligations and the liabilities and obligations of Guarantor to Lender hereunder, shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of Borrower against Lender, or any other partyPerson, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 5 contracts

Sources: Guaranty (Lightstone Value Plus Real Estate Investment Trust, Inc.), Guaranty (Lightstone Value Plus Real Estate Investment Trust, Inc.), Guaranty (Lightstone Value Plus Real Estate Investment Trust, Inc.)

Offset. The Note, the Guaranteed Obligations Debt and the liabilities and obligations of Guarantor to Lender hereunder, shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of Borrower against Lender, or any other party, or against payment of the Guaranteed ObligationsDebt, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations Debt (or the transactions creating the Guaranteed ObligationsDebt) or otherwise.

Appears in 5 contracts

Sources: Limited Recourse Guaranty (Brookfield DTLA Fund Office Trust Investor Inc.), Repayment Guaranty (Inland Real Estate Income Trust, Inc.), Repayment Guaranty (Inland Real Estate Income Trust, Inc.)

Offset. The Note, the Guaranteed Obligations and the liabilities and obligations of the Guarantor to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of Borrower Borrower, or any other party, against Lender, or any other party, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 4 contracts

Sources: Guaranty (Kilroy Realty, L.P.), Guaranty (Trade Street Residential, Inc.), Guaranty (Trade Street Residential, Inc.)

Offset. The Note, the Guaranteed Obligations and the liabilities and obligations of Guarantor to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense (other than a defense based upon the actual payment or performance of the Guaranteed Obligations sought to be enforced) of Borrower against Lender, or any other partyPerson, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 4 contracts

Sources: Guaranty Agreement (Maguire Properties Inc), Guaranty Agreement (Maguire Properties Inc), Guaranty Agreement (Maguire Properties Inc)

Offset. The NoteNote and other Guaranteed Debt guaranteed hereby, the Guaranteed Obligations and the liabilities and obligations of Guarantor to Lender hereunder, shall not be reduced, discharged discharged, or released because of or by reason of any existing or future right of offset, claim claim, or defense of Borrower Lender against LenderBorrower, or any other party, or against payment of the Guaranteed ObligationsDebt, whether such right of offset, claim claim, or defense arises in connection with the Guaranteed Obligations Debt (or the transactions creating the Guaranteed ObligationsDebt) or otherwise.;

Appears in 3 contracts

Sources: Unconditional Guaranty Agreement (Us Home Systems Inc /Tx), Unconditional Guaranty Agreement (Us Home Systems Inc /Tx), Unconditional Guaranty Agreement (Us Home Systems Inc /Tx)

Offset. The Note, the Guaranteed Obligations and the liabilities and obligations of Guarantor to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense (other than a defense based upon the actual payment or performance of the Guaranteed Obligations sought to be enforced) of either Borrower against Lender, or any other partyPerson, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 3 contracts

Sources: Loan Agreement (MPG Office Trust, Inc.), Loan Agreement (MPG Office Trust, Inc.), Guaranty Agreement (Maguire Properties Inc)

Offset. The Note, the Guaranteed Obligations and of the liabilities and obligations of Guarantor to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of Borrower (other than the defense of payment) against Lender, or any other party, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 2 contracts

Sources: Guaranty of Recourse Obligations (reAlpha Tech Corp.), Guaranty of Recourse Obligations (reAlpha Tech Corp.)

Offset. The Note, the Guaranteed Obligations and the liabilities and obligations of the Guarantor to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of Borrower or Guarantor against Lender, or any other party, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 2 contracts

Sources: Guaranty (Cedar Shopping Centers Inc), Supplemental Guaranty (Cedar Shopping Centers Inc)

Offset. The NoteNotes, the Guaranteed Obligations and the liabilities and obligations of Guarantor Guarantors to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of any Borrower against Lender, or any other party, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 2 contracts

Sources: Guaranty of Recourse Obligations (Horizon Group Properties Inc), Guaranty of Recourse Obligations (Horizon Group Properties Inc)

Offset. The Note, the Guaranteed Obligations and the liabilities and obligations of the Guarantor to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of Borrower or Guarantor against Lender, or any other party, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise, other than defenses based on actual performance of the Guaranteed Obligations sought to be enforced hereunder.

Appears in 2 contracts

Sources: Guaranty (Ionis Pharmaceuticals Inc), Guaranty (Ionis Pharmaceuticals Inc)

Offset. The Note, the Guaranteed Obligations Debt and the liabilities and obligations of Guarantor to Lender hereunder, shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of Borrower against Lender, or any other party, or against payment of the Guaranteed ObligationsDebt, whether such right of offset, claim or defense arises in connection with of Borrower against Lender, or any other party, or against payment of the Guaranteed Obligations Debt (or the transactions creating the Guaranteed ObligationsDebt) or otherwise.

Appears in 2 contracts

Sources: Guaranty (Carter Validus Mission Critical REIT, Inc.), Guaranty (Grubb & Ellis Healthcare REIT II, Inc.)

Offset. The Note, the Guaranteed Obligations and the liabilities and obligations of Guarantor to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of Borrower or any party against Lender, or any other partyPerson, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 2 contracts

Sources: Guaranty of Recourse Obligations (Inland Diversified Real Estate Trust, Inc.), Guaranty of Recourse Obligations (Unsecured) (Inland Diversified Real Estate Trust, Inc.)

Offset. The Note, the Guaranteed Obligations and the liabilities and obligations of Guarantor to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of Borrower against Lender, Lender or any other party, party or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 2 contracts

Sources: Guaranty (Infousa Inc), Guaranty (Infousa Inc)

Offset. The Note, the Guaranteed Obligations and the liabilities and obligations of each Guarantor to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of Borrower any Obligor against Lender, or any other party, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 1 contract

Sources: Guaranty (Ventas Inc)

Offset. The Note, the Guaranteed Obligations and the liabilities and obligations of the Guarantor to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of Borrower and/or Guarantor against Lender, or any other party, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 1 contract

Sources: Guaranty (MHI Hospitality CORP)

Offset. The Note, the Guaranteed Obligations and the liabilities and obligations of Guarantor to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense (other than payment) of Borrower against Lender, or any other partyPerson, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 1 contract

Sources: Guaranty (FX Real Estate & Entertainment Inc.)

Offset. The Note, the Guaranteed Obligations and the liabilities and obligations of Guarantor to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of Borrower against Lender, or any other partyPerson, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 1 contract

Sources: Completion Guaranty Agreement (Lodging Fund REIT III, Inc.)

Offset. The Note, the Guaranteed Obligations and the liabilities and obligations of Guarantor Guarantors to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of Borrower against Lender, or any other partyPerson, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Hudson Pacific Properties, Inc.)

Offset. The Note, the Guaranteed Obligations and the ------ liabilities and obligations of the Guarantor to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of or offset, claim or defense of Borrower against Lender, or any other party, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 1 contract

Sources: Guaranty (Wellington Properties Trust)

Offset. The Note, the Guaranteed Obligations and the liabilities and obligations of any Guarantor to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of Borrower against Lender, or any other partyPerson, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise, other than payment in full of the Loan and other Guaranteed Obligations.

Appears in 1 contract

Sources: Guaranty (Assisted 4 Living, Inc.)

Offset. The fact that the Note, the Guaranteed Obligations and the liabilities and obligations of Guarantor to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense (other than the defense of payment in full) of Borrower against Lender, or any other partyPerson, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 1 contract

Sources: Completion Guaranty (Bh Re LLC)

Offset. The Note, the Guaranteed Obligations and the liabilities and obligations of each Guarantor to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of any Borrower against Lender, or any other party, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 1 contract

Sources: Guaranty of Recourse Obligations (Ventas Inc)

Offset. The Note, the Guaranteed Obligations and the liabilities and obligations of the Guarantor to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of Borrower against Lender, or any other party, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 1 contract

Sources: Guaranty (GMH Communities Trust)

Offset. The NoteNote and other Guaranteed Debt guaranteed hereby, the Guaranteed Obligations and the liabilities and obligations of Guarantor to Lender hereunder, shall not be reduced, discharged discharged, or released because of or by reason of any existing or future right of offset, claim claim, or defense of Borrower Lender against LenderBorrower, or any other party, or against payment of the Guaranteed ObligationsDebt, whether such right of offset, claim claim, or defense arises in connection with the Guaranteed Obligations Debt (or the transactions creating the Guaranteed ObligationsDebt) or otherwise.; Section

Appears in 1 contract

Sources: Unconditional Guaranty Agreement

Offset. The Note, the Guaranteed Obligations and the liabilities and obligations of Guarantor to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of Borrower or Guarantor against Lender, or any other party, or against payment of the Guaranteed Obligations, whether such right of offset, Exhibit 10.4 claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 1 contract

Sources: Guaranty

Offset. The Note, the Guaranteed Obligations and the liabilities and obligations of each Guarantor to Lender hereunder, hereunder shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of Borrower against Lender, or any other party, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

Appears in 1 contract

Sources: Guaranty (GMH Communities Trust)

Offset. The Note, the Guaranteed Obligations Debt and the liabilities and obligations of Guarantor to Lender Noteholder hereunder, shall not be reduced, discharged or released because of or by reason of any existing or future right of offset, claim or defense of Borrower Maker against LenderNoteholder, or any other party, or against the payment or performance of the Guaranteed ObligationsDebt, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations Debt (or the transactions creating the Guaranteed ObligationsDebt) or otherwise.

Appears in 1 contract

Sources: Guaranty (Pacific Sunwear of California Inc)