Common use of Setoff or Counterclaim Clause in Contracts

Setoff or Counterclaim. Each payment by Borrower under this Agreement or under any Note shall be made without setoff or counterclaim. Lender shall have the right to setoff any and all amounts owed by Borrower and/or any of its Subsidiaries under this Agreement as provided in Section 11.03.

Appears in 4 contracts

Samples: Security Agreement (Raptor Pharmaceutical Corp), Security Agreement (Raptor Pharmaceutical Corp), Security Agreement (Raptor Pharmaceutical Corp)

AutoNDA by SimpleDocs

Setoff or Counterclaim. Each payment by the Borrower under this Agreement or under any the Note shall be made without setoff or counterclaim. Lender shall have the right to charge to the Payment Account and setoff any and all amounts owed by the Borrower and/or any of its Subsidiaries under this Agreement as provided in Section 11.03Agreement.

Appears in 3 contracts

Samples: Loan Agreement (Xoma LTD /De/), Loan Agreement (Xoma LTD /De/), Loan Agreement (Xoma LTD /De/)

Setoff or Counterclaim. Each payment Payment by Borrower under this Agreement or under any Note shall be made without setoff or counterclaim. The Lender shall have the right to setoff any and all amounts owed by Borrower and/or any of its Subsidiaries under this Agreement as provided in Section 11.03.

Appears in 3 contracts

Samples: Loan Agreement (Invuity, Inc.), Security Agreement (Invuity, Inc.), Loan Agreement (Invuity, Inc.)

Setoff or Counterclaim. Each payment by Borrower under this Amended Agreement or under any Note shall be made without setoff or counterclaim. Lender Lenders shall have the right to setoff any and all amounts owed by Borrower and/or any of its Subsidiaries under this Amended Agreement as provided in Section 11.03.

Appears in 2 contracts

Samples: Loan Agreement (Dyax Corp), Loan Agreement (Dyax Corp)

Setoff or Counterclaim. Each payment by Borrower under this Agreement or under any the Note shall be made without setoff or counterclaim. Lender Lenders shall have the right to setoff any and all amounts owed by Borrower and/or any of its Subsidiaries under this Agreement as provided in Section 11.03.

Appears in 2 contracts

Samples: Security Agreement (Dyax Corp), Security Agreement (Dyax Corp)

Setoff or Counterclaim. Each payment by Borrower under this Agreement or under any Note shall be made without setoff Setoff, recoupment, deduction, netting or counterclaimcounterclaim of any type. Lender shall have the right rights of Setoff and similar rights as to setoff any and all amounts owed by Borrower and/or any of its Subsidiaries under this Agreement as provided in Section 11.03.

Appears in 2 contracts

Samples: Loan Agreement (Mevion Medical Systems, Inc.), Loan Agreement (Mevion Medical Systems, Inc.)

Setoff or Counterclaim. Each payment by Borrower under this Agreement or under any Note shall be made without setoff or counterclaim. The Lender shall have the right to setoff set off any and all amounts owed by Borrower and/or any of its Subsidiaries under this Agreement as provided in Section 11.0310.03.

Appears in 2 contracts

Samples: Loan Agreement (Adamas Pharmaceuticals Inc), Loan Agreement (Progenics Pharmaceuticals Inc)

AutoNDA by SimpleDocs

Setoff or Counterclaim. Each payment by Borrower under this Agreement or under any Note shall be made without setoff or counterclaim. Lender shall have the right to setoff set off any and all amounts owed by Borrower and/or any of its Subsidiaries under this Agreement as provided in Section 11.0310.03.

Appears in 1 contract

Samples: Security Agreement (Paratek Pharmaceuticals, Inc.)

Setoff or Counterclaim. Each payment by Borrower under this Agreement or under any Note shall be made without setoff setoff, deduction, reduction or counterclaim. Lender shall have the right to setoff set off any and all amounts owed by Borrower and/or any of its Subsidiaries under this Agreement as provided in Section 11.0310.03.

Appears in 1 contract

Samples: Loan Agreement (Paratek Pharmaceuticals, Inc.)

Setoff or Counterclaim. Each payment by Borrower under this Agreement or under any Note shall be made without setoff or counterclaim. Lender The Lenders shall have the right to setoff any and all amounts owed by Borrower and/or any of its Subsidiaries under this Agreement as provided in Section 11.03.

Appears in 1 contract

Samples: Security Agreement (Dyax Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.