Setoff and Counterclaim Clause Samples

Setoff and Counterclaim. All payments to be made by the Transferor or the Collection Agent under this Agreement shall be made free and clear and each of the Transferor and the Collection Agent hereby irrevocably and unconditionally waives all rights of any counterclaim, set-off, deduction or other defense, which the Transferor or the Collection Agent may have against the Company, or against each other, whether under contract (including this Agreement), Applicable Law, in equity or otherwise. The obligation of the Transferor and the Collection Agent to make the payments and deposits contemplated by this Agreement is absolute and unconditional.
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Setoff and Counterclaim. All payments to be made by any Originator or the Collection Agent under this Agreement shall be made free and clear and each of the Originators and the Collection Agent hereby irrevocably and unconditionally waives all rights of any counterclaim, set-off, deduction or other defense, which such Originator or the Collection Agent may have against the Buyer, or against each other, whether under contract (including this Agreement), Applicable Law, in equity or otherwise. The obligation of each Originator and the Collection Agent to make the payments and deposits contemplated by this Agreement is absolute and unconditional.
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Setoff and Counterclaim. All payments to be made by the Originators or the Servicer under this Agreement shall be made free and clear of any counterclaim, set-off, deduction or other defense, which the Originators or the Servicer may have against the Buyer, or against each other.
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Setoff and Counterclaim. All payments to be made by the Seller or the Servicer under this Agreement shall be made free and clear of any counterclaim, set-off, deduction or other defense, which the Seller or the Servicer may have against the Purchaser, the Deal Agent, any Liquidity Provider, any Supplemental Enhancement Provider, or against each other.
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Setoff and Counterclaim. All payments to be made by the Originator or the Collection Agent under this Agreement shall be made free and clear of any counterclaim, set-off, deduction or other defense, which the Originator or the Collection Agent may have against the Buyer, or against each other.
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Setoff and Counterclaim. PEII hereby waives any defense of setoff or counterclaim against Panda Global arising from or out of any agreement to which Panda Global and PEII or any affiliate of PEII are parties.
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Setoff and Counterclaim. MCNIC hereby waives any defense of setoff or counterclaim against MCNIC Nepal arising from or out of any agreement to which MCNIC Nepal and MCNIC or any affiliate of MCNIC are parties.
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Setoff and Counterclaim. All payments to be made by the Originators under this Agreement shall be made free and clear of any counterclaim, set-off, deduction or other defense, which the Originators may have against the Buyer, or against each other.
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Related to Setoff and Counterclaim

  • Set-off and counterclaim All payments made by the Borrower under this Agreement shall be made without set-off or counterclaim.

  • SETOFFS AND COUNTERCLAIMS Without limiting the Guarantor’s own defenses and rights hereunder, the Guarantor reserves to itself all rights, setoffs, counterclaims and other defenses to which the SSO Supplier is or may be entitled arising from or out of the Agreement, except for defenses arising out of bankruptcy, insolvency, dissolution or liquidation of the SSO Supplier.

  • Counterclaims If Landlord commences any summary proceeding or action for nonpayment of Rent or to recover possession of the Premises, Tenant shall not interpose any counterclaim of any nature or description in any such proceeding or action, unless Tenant’s failure to interpose such counterclaim in such proceeding or action would result in the waiver of Tenant’s right to bring such claim in a separate proceeding under applicable law.

  • No Setoffs or Counterclaims Make payments hereunder and under the other Loan Documents by or on behalf of Borrower without setoff or counterclaim and free and clear of, and without deduction or withholding for or on account of, any federal, state, or local taxes.

  • No set-off or counterclaim All payments made by an Obligor under the Finance Documents must be calculated and made without (and free and clear of any deduction for) set-off or counterclaim.