SET OFF OR COUNTERCLAIM Sample Clauses

SET OFF OR COUNTERCLAIM. Except with respect to any claim against or debt or other obligation of the Employee properly recorded on the books and records of the Company prior to the Triggering Date, there shall be no right of set off or counterclaim against, or delay in, any payment by the Company to the Employee or his beneficiaries provided for in this Agreement in respect of any claim against or debt or other obligation of the Employee, whether arising hereunder or otherwise.
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SET OFF OR COUNTERCLAIM. All claims for monies due or to become due from Buyer shall be subject to deduction by Buyer for any set-off or counterclaim arising out of this purchase order, together with these terms and conditions (“Purchase Order”) or any other contract of purchase or sale between Buyer and Seller.
SET OFF OR COUNTERCLAIM. The obligation of the Debtor to make all payments comprising part of the Secured Obligations is absolute and unconditional and will not be affected by:
SET OFF OR COUNTERCLAIM. The obligation of the Borrower to make all payments under this Agreement will be absolute and unconditional and will not be affected by any circumstance, including, without limitation, any set-off, compensation, counterclaim, recoupment, defense, or other right which the Borrower may have against the Lender, or anyone else for any reason whatsoever and any insolvency, bankruptcy, reorganization, or similar proceedings by or against the Borrower.
SET OFF OR COUNTERCLAIM. ‌ The obligation of the Borrower to make all payments hereunder or under any of the other Loan Documents shall be absolute and unconditional and shall not be affected by any circumstance, including without limitation, any set off, compensation, counterclaim, defence or other right which the Borrower may have against the Lender or anyone else for any reason whatsoever, or any insolvency, bankruptcy, reorganization or similar proceeding by or against the Borrower.
SET OFF OR COUNTERCLAIM. This is a deep rooted concept of English commercial law. A vendor and purchaser who agree upon payment by acceptance of bills of exchange do so not simply upon the basis that credit is given to the purchaser so that the vendor must in due course sue for the price under the contract of sale. The bill is itself a contract separate from the contract of sale. Its purpose is not merely to serve as a negotiable instrument, it is also to avoid postponement of the purchaser’s liability to the vendor himself, postponement grounded upon some allegation of failure in some respect by the vendor under the underlying contract, unless it be total or quantified partial failure of consideration.” (Emphasis mine)
SET OFF OR COUNTERCLAIM. The obligation of the Borrower to pay or perform the Indebtedness is absolute and unconditional and will not be limited or affected by any circumstance including, without limitation:
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SET OFF OR COUNTERCLAIM. The obligation of the Company to make all payments hereunder or under the Security shall be absolute and unconditional and shall not be affected by any circumstance, including without limitation any set-off, compensation, counterclaim, recoupment, defence or other right which the Company may have against the Lender, or anyone else for any reason whatsoever and any insolvency, bankruptcy, reorganization or similar proceedings by or against the Company.
SET OFF OR COUNTERCLAIM. All claims for monies due or to become due from Buyer shall be subject to deduction by incorporated herein by reference, drawings, samples or other descriptions furnished and all applicable laws, regulations and industry standards. Seller further warrants that all material delivered hereunder shall be merchantable and fit for its Buyer for any set-off or counterclaim arising out of this purchase order, together with these terms and conditions (“Purchase Order”) or any other contract of purchase or sale between Buyer and Seller.
SET OFF OR COUNTERCLAIM. (a) The obligation of the Borrower to make all payments hereunder will be absolute and unconditional and will not be affected by any circumstance, including without limitation:
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