Common use of SETOFFS AND COUNTERCLAIMS Clause in Contracts

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

Appears in 13 contracts

Sources: Master Agreement, Master Agreement, Confirmation of Transaction

SETOFFS AND COUNTERCLAIMS. Without limiting Guarantor’s 's own defenses and rights hereunder, Guarantor reserves to itself all rights, setoffs, counterclaims and other defenses to which Counterparty Debtor or any other affiliate of Guarantor is or may be entitled to, relating to or arising from or out of the Contract Agreements or otherwise, except for defenses relating to, arising from or out of the bankruptcy, insolvency, dissolution or liquidation of CounterpartyDebtor.

Appears in 6 contracts

Sources: Guaranty (Kansas City Power & Light Co), Guaranty (Kansas City Power & Light Co), Guaranty (Kansas City Power & Light Co)

SETOFFS AND COUNTERCLAIMS. Without limiting Guarantor’s 's own defenses and rights hereunder, Guarantor reserves to itself all rights, setoffs, counterclaims and other defenses to which Counterparty Company or any other affiliate of Guarantor is or may be entitled to arising from or out of the Contract Agreement or otherwise, except for defenses arising out of the bankruptcy, insolvency, dissolution or liquidation of CounterpartyCompany.

Appears in 4 contracts

Sources: Power Purchase Agreement, Energy Purchase and Sale Agreement, Power Purchase and Sale Agreement

SETOFFS AND COUNTERCLAIMS. Without limiting Guarantor’s own defenses and rights hereunder, Guarantor reserves to itself all rights, setoffs, counterclaims and other defenses to which Counterparty or any other affiliate of Guarantor is or may be entitled to arising from or out of the Contract Contracts or otherwise, except for defenses arising out of the bankruptcy, insolvency, dissolution or liquidation of Counterparty.

Appears in 4 contracts

Sources: Master Agreement, Guaranty, Guaranty

SETOFFS AND COUNTERCLAIMS. Without limiting Guarantor’s own defenses and rights hereunder, Guarantor reserves to itself all rights, setoffs, counterclaims and other defenses to which Counterparty or any other affiliate of Guarantor is or may be entitled to arising from or out of the Contract Agreements or otherwise, except for defenses arising out of the bankruptcy, insolvency, dissolution or liquidation of CounterpartyCounterparty or the lack of power or authority of Counterparty to enter into and/or perform the Agreements.

Appears in 2 contracts

Sources: Guaranty, Guaranty

SETOFFS AND COUNTERCLAIMS. Without limiting Guarantor’s own defenses and rights hereunder, Guarantor reserves to itself waives all rights, setoffs, counterclaims and other defenses to which Counterparty Company or any other affiliate of Guarantor is or may be entitled to arising from or out of the Contract Agreement or otherwise, except for defenses arising out of the bankruptcy, insolvency, dissolution or liquidation of CounterpartyCompany.

Appears in 1 contract

Sources: Guarantee

SETOFFS AND COUNTERCLAIMS. Without limiting Guarantor’s 's own defenses and rights hereunder, Guarantor reserves to itself all rights, setoffs, counterclaims and other defenses to which Counterparty or any other affiliate of Guarantor Company is or may be entitled to arising from or out of the Contract or otherwiseAgreements, except for defenses arising out of the bankruptcy, insolvency, dissolution dissolution, or liquidation liquidation, bankruptcy or lack of Counterpartycapacity of Company.

Appears in 1 contract

Sources: Guaranty Agreement

SETOFFS AND COUNTERCLAIMS. Without limiting Guarantor’s 's own defenses and rights hereunder, Guarantor reserves to itself all rights, setoffs, counterclaims and other defenses to which Counterparty Company or any other affiliate subsidiary of Guarantor is or may be entitled to arising from or out of the Contract or otherwise, except for defenses arising out of the bankruptcy, insolvency, dissolution or liquidation of CounterpartyCompany.

Appears in 1 contract

Sources: Guaranty (Enron Oil & Gas Co)

SETOFFS AND COUNTERCLAIMS. Without limiting Guarantor’s 's own defenses and rights hereunder, Guarantor reserves to itself all rights, setoffs, counterclaims counterclaims, and other defenses to which Counterparty NewPower, or any other affiliate of Guarantor that becomes a party to the Contract, is or may be entitled to arising from or out of the Contract or otherwise, except for defenses arising out of the bankruptcy, insolvency, dissolution dissolution, or liquidation of CounterpartyNewPower.

Appears in 1 contract

Sources: Guaranty (Newpower Holdings Inc)

SETOFFS AND COUNTERCLAIMS. Without limiting Guarantor’s 's own defenses and rights hereunder, Guarantor reserves to itself all rights, setoffs, counterclaims and other defenses to which Counterparty Company or any other affiliate of Guarantor is or may be entitled to arising from or out of the Contract Agreements or otherwise, except for defenses arising out of the bankruptcy, insolvency, dissolution or liquidation of CounterpartyCompany.

Appears in 1 contract

Sources: Master Energy Purchase and Sale Agreement

SETOFFS AND COUNTERCLAIMS. Without limiting Guarantor’s 's own defenses and rights hereunder, Guarantor reserves to itself all rights, setoffs, counterclaims and other defenses to which Counterparty Guaranteed Party or any other affiliate of Guarantor is or may be entitled to arising from or out of the Contract Contracts or otherwise, except for defenses arising out of the bankruptcy, insolvency, dissolution or liquidation of CounterpartyGuaranteed Party.

Appears in 1 contract

Sources: Credit Support Agreement

SETOFFS AND COUNTERCLAIMS. Without Except to the extent provided to the contrary in paragraph (b) of Section 1, and without limiting Guarantor’s own defenses and rights hereunder, Guarantor reserves to itself all rights, setoffs, counterclaims and other defenses to which Counterparty Company or any other affiliate of Guarantor is or may be entitled to arising from or out of the Contract Agreement or otherwise, except for defenses arising out of the bankruptcy, insolvency, dissolution or liquidation of CounterpartyCompany.

Appears in 1 contract

Sources: Power Supply Agreement

SETOFFS AND COUNTERCLAIMS. Without limiting Guarantor’s 's own defenses and rights hereunder, Guarantor reserves to itself all rights, setoffs, counterclaims and other defenses to which Counterparty or any other affiliate of Guarantor is or may be entitled to arising from or out of the Contract or otherwise, except for defenses arising out of the bankruptcy, insolvency, dissolution or liquidation of Counterparty.

Appears in 1 contract

Sources: Isda Master Agreement (Newpower Holdings Inc)

SETOFFS AND COUNTERCLAIMS. Without limiting Guarantor’s own defenses and rights hereunder, Guarantor reserves to itself all rights, setoffs, counterclaims and other defenses to which Counterparty Customer or any other affiliate of Guarantor is or may be entitled to arising from or out of the Contract or otherwiseto, except for defenses arising out of the bankruptcy, insolvency, dissolution or liquidation of CounterpartyCustomer.

Appears in 1 contract

Sources: Guaranty

SETOFFS AND COUNTERCLAIMS. Without limiting Guarantor’s 's own defenses and rights hereunder, Guarantor reserves to itself all rights, setoffs, counterclaims and other defenses to which Counterparty or any other affiliate of Guarantor is or the Company may be entitled to arising from or out of the Contract Joint Development Agreement or otherwisethe Project LLC Agreement, except for defenses arising out of the bankruptcy, insolvency, dissolution dissolution, liquidation, reorganization or liquidation of Counterpartyother similar proceeding relating to the Company.

Appears in 1 contract

Sources: Joint Development Agreement (Allegheny Energy Inc)