Offset by Borrower Clause Samples

Offset by Borrower. Borrower may offset amounts owed to Borrower by Lender under any of the Transaction Documents, including pursuant to Section 6.5 of the Purchase Agreement, against any amount owed to Lender by Borrower under this Note, whether or not such amounts are currently due under this Note.

Offset by Borrower. Borrower may offset amounts owed to Borrower by any Seller Party under any of the Transaction Documents against any amount owed to Lender by Borrower under this Note, whether or not such amounts are currently due under this Note; provided that any offset to this Note shall be made only after the outstanding balances of first Promissory Note A and then Promissory Note B, dated as of the date hereof and delivered to Lender in connection with the Closing, are reduced to zero.