Common use of No Party Clause in Contracts

No Party. except as provided otherwise herein, shall be entitled (i) to set-off (aufrechnen) any rights and claims it may have against any rights or claims the other Party may have under this Agreement or (ii) to refuse to perform any obligation it may have under this Agreement on the grounds that it has a right of retention (Zurückbehaltungsrecht), unless the rights or claims of the relevant Party claiming a right of set-off (Aufrechnung) or retention (Zurückbehaltung) have been acknowledged (anerkannt) in writing by the other Party or have been confirmed by final decision of a competent court (Gerichf) or arbitration court (Schiedsgericht).

No Party. except as provided otherwise herein, shall be entitled (i) to set-off (aufrechnen) any rights and claims it may have against any rights or claims the any other Party may have under this Agreement Agreement, or (ii) to refuse to perform any obligation it may have under this Agreement on the grounds that it has a right of retention (Zurückbehaltungsrecht), Zuruckbehaltungsrecht) unless the rights or claims of the relevant Party claiming a right of set-off (Aufrechnung) or retention (ZurückbehaltungZuruckbehaltung) have been acknowledged (anerkannt) in writing by the relevant other Party Party/Parties or have been confirmed by final decision of a competent court (GerichfGericht) or arbitration court (Schiedsgericht).

No Party. except as provided otherwise hereinin this Agreement, shall be entitled (i) to set-off (aufrechnen) any rights and claims it may have under this Agreement against any rights or claims the any other Party may have under this Agreement or (ii) to refuse to perform any obligation it may have under this Agreement on the grounds that it has a right of retention (Zurückbehaltungsrecht), ) unless the rights or claims of the relevant Party claiming a right of set-off (Aufrechnung) or retention (Zurückbehaltung) have been acknowledged (anerkannt) in writing by the relevant other Party Party/Parties or have been confirmed by final decision of a competent court (GerichfGericht) or arbitration court arbitral tribunal (Schiedsgericht).