Common use of No Setoff Clause in Contracts

No Setoff. Neither party shall have the right to set off any obligation that it may have to the other party under the Transaction against any obligation such other party may have to it, whether arising under the Agreement, this Confirmation or any other agreement between the parties hereto, by operation of law or otherwise.

Appears in 84 contracts

Sources: Call Option Transaction (Microchip Technology Inc), Call Option Transaction (Ramaco Resources, Inc.), Call Option Transaction (Impinj Inc)

No Setoff. Neither party shall have the right to set off any obligation that it may have to the other party under the Transaction against any obligation such other party may have to it, whether arising under the Agreement, this Confirmation or any other agreement between the parties hereto, by operation of law or otherwiseotherwise and each party hereby waives any such right to setoff.

Appears in 7 contracts

Sources: Call Option Transaction (BridgeBio Pharma, Inc.), Call Option Transaction (Health Catalyst, Inc.), Call Option Transaction (Slack Technologies, Inc.)

No Setoff. Neither party shall have the right to set off any obligation that it may have to the other party under the Transaction against any obligation such other party may have to it, whether arising under the Agreement, this Confirmation or any other agreement between the parties hereto, by operation of law or otherwise, and each party hereby waives any such right of setoff.

Appears in 4 contracts

Sources: Call Option Transaction (Unisys Corp), Call Option Transaction (Unisys Corp), Base Call Option Transaction (Unisys Corp)

No Setoff. Neither party shall have the right to set off any obligation that it may have to the other party under the this Transaction against any obligation such other party may have to it, whether arising under the Agreement, this Confirmation or any other agreement between the parties hereto, by operation of law or otherwise.

Appears in 4 contracts

Sources: Call Option Transaction (Avis Budget Group, Inc.), Base Call Option Transaction (Avis Budget Group, Inc.), Base Call Option Transaction (Avis Budget Group, Inc.)

No Setoff. Neither party shall have the right to set off any obligation that it may have to the other party under the Transaction against any obligation such other party may have to it, whether arising under the Agreement, this Confirmation or any other agreement between the parties hereto, by operation of law or otherwise, and each party hereby waives any such right to setoff.

Appears in 1 contract

Sources: Base Call Option Transaction (Chimera Investment Corp)

No Setoff. Neither party Party shall have the any right to of setoff, counterclaim or deduction against any obligations hereunder except as expressly set off any obligation that it may have to forth in this Agreement or agreed in writing by the other party under the Transaction against any obligation such other party may have to it, whether arising under the Agreement, this Confirmation or any other agreement between the parties hereto, by operation of law or otherwiseParty.

Appears in 1 contract

Sources: Stock Purchase Agreement (Vsee Health, Inc.)

No Setoff. Neither party shall have the right to set off any obligation that it may have to the other party under the Transaction against any obligation such other party may have to it, whether arising under the Agreement, this Confirmation or any other agreement between the parties hereto, by operation of law or otherwise.. (l)

Appears in 1 contract

Sources: Call Option Transaction (Five9, Inc.)

No Setoff. Neither party shall have the any right to set off any obligation that it may have to the other party under the Transaction against any obligation such other party may have to it, whether arising under the Agreement, this the Confirmation or the Transaction against other obligation between the parties, whether arising under any other agreement between the parties heretoagreement, by operation of applicable law or otherwise.

Appears in 1 contract

Sources: Call Option Transaction (Sphere Entertainment Co.)