Common use of No Collateral or Setoff Clause in Contracts

No Collateral or Setoff. Notwithstanding any provision of the Agreement or any other agreement between the parties to the contrary, no obligations of either party hereunder are secured by any collateral. Each party waives any and all rights it may have to set off obligations arising under the Agreement and the Transaction against other obligations between the parties, whether arising under any other agreement, applicable law or otherwise.

Appears in 6 contracts

Samples: Purchase Agreement (I3 Verticals, Inc.), Purchase Agreement (Uniti Group Inc.), Letter Agreement (Uniti Group Inc.)

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No Collateral or Setoff. Notwithstanding any provision of the Agreement or any other agreement between the parties to the contrary, no the obligations of either party the parties hereunder are not secured by any collateral. Each party waives any and all rights it may have to set off obligations arising Obligations under the Agreement and the Transaction shall not be set off by either party against any other obligations between of the partiesother party or that other party’s affiliate, whether arising under the Agreement, under any other agreement, applicable agreement between the parties hereto by operation of law or otherwise.

Appears in 1 contract

Samples: International Business Machines Corp

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No Collateral or Setoff. Notwithstanding any provision of the Agreement or any other agreement between the parties to the contrary, no obligations of either party hereunder are secured by any collateral. Each party waives any and all rights it may have to set off obligations arising under the Agreement and the Transaction against other obligations between the parties, whether arising under any other agreement, applicable law or otherwise.

Appears in 1 contract

Samples: American Equity Investment Life Holding Co

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