Common use of No set-off or counterclaim Clause in Contracts

No set-off or counterclaim. All payments to be made by the Guarantor under this Guarantee shall be made in full, without any set-off or counterclaim whatsoever and, subject as provided in clause 3.2, free and clear of any deductions or withholdings, in Dollars on the due date to such account of the Security Agent as it may specify in writing to the Guarantor from time to time.

Appears in 3 contracts

Samples: Supplemental Agreement (Diana Shipping Inc.), Loan Agreement (DryShips Inc.), Loan Agreement (Poseidon Containers Holdings Corp.)

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No set-off or counterclaim. All payments to be made by the Guarantor under this Guarantee shall be made in full, without any set-off or counterclaim whatsoever and, subject as provided in clause 3.2, free and clear of any deductions or withholdings, in Dollars (except for charges or expenses which shall be paid in the currency in which they are incurred) on the due date to such account of the Security Agent Bank as it may specify in writing to the Guarantor from time to time.

Appears in 3 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)

No set-off or counterclaim. All payments to be made by the Guarantor under this Guarantee shall be made in full, without any set-off or counterclaim whatsoever and, subject as provided in clause 3.2, free and clear of any deductions or withholdings, in Dollars on the due date to such account of the Security Agent as it the Security Agent may specify in writing to the Guarantor from time to timeGuarantor.

Appears in 3 contracts

Samples: Agreement (Quintana Shipping Ltd.), Master Swap Agreement (Quintana Shipping Ltd.), Loan Agreement (Quintana Shipping Ltd.)

No set-off or counterclaim. All payments to be made by the Guarantor under this Guarantee shall be made in full, without any set-off or counterclaim whatsoever and, subject as provided in clause 3.2, free and clear of any deductions or withholdings, in Dollars on the due date to such account of as the Security Agent as it may specify in writing to the Guarantor from time to timeGuarantor.

Appears in 2 contracts

Samples: Loan Agreement (Quintana Shipping Ltd.), Agreement (Quintana Shipping Ltd.)

No set-off or counterclaim. All payments to be made by the Guarantor under this Guarantee shall be made in full, without any set-off or counterclaim whatsoever and, subject as provided in clause 3.2, free and clear of any deductions or withholdings, in Dollars on the due date to such account of the Security Agent as it may specify in writing to the Guarantor from time to time.

Appears in 2 contracts

Samples: Tenth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.)

No set-off or counterclaim. All payments to be made by the Guarantor under this Guarantee shall be made in full, without any set-off or counterclaim whatsoever and, subject as provided in clause 3.2, free and clear of any deductions or withholdings, in Dollars on the due date to such account of as the Security Agent as it Bank may specify in writing to the Guarantor from time to time.

Appears in 2 contracts

Samples: Second Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

No set-off or counterclaim. All payments to be made by the each Guarantor under this Guarantee shall be made in full, without any set-off or counterclaim whatsoever and, subject as provided in clause 3.24.2, free and clear of any deductions or withholdings, in Dollars on the due date to such account of the Security Agent (for the account of each Finance Party) as it may specify in writing to the that Guarantor from time to time.

Appears in 1 contract

Samples: Agreement (Paragon Shipping Inc.)

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No set-off or counterclaim. All payments to be made by the Guarantor under this Guarantee shall be made in full, without any set-off or counterclaim whatsoever and, subject as provided in clause 3.2, free and clear of any deductions or withholdings, in Dollars on the due date to such account of as the Security Agent as it Bank may specify in writing to the Guarantor from time to timeGuarantor.

Appears in 1 contract

Samples: Loan Agreement (Globus Maritime LTD)

No set-off or counterclaim. All payments to be made by the each Guarantor under this Guarantee shall be made in full, without any set-off or counterclaim whatsoever and, subject as provided in clause 3.2, free and clear of any deductions or withholdings, in Dollars on the due date to such account of the Security Agent as it may specify in writing to the that Guarantor from time to time.

Appears in 1 contract

Samples: Credit Agreement (DryShips Inc.)

No set-off or counterclaim. All payments to be made by the Guarantor under this Guarantee shall be made in full, without any set-off or counterclaim whatsoever and, subject as provided in clause 3.2, free and clear of any deductions or withholdings, in Dollars on the due date to such account of the Security Agent Bank as it may specify in writing to the Guarantor from time to timeGuarantor.

Appears in 1 contract

Samples: Second Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

No set-off or counterclaim. All payments to be made by the Guarantor under this Guarantee shall be made in full, without any set-off or counterclaim whatsoever and, subject as provided in clause 3.2, free and clear of any deductions or withholdings, in Dollars on the due date to such account of the Security Agent as it may specify in writing to the Guarantor from time to timeGuarantor.

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

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