Unconditional Obligations. The Borrower’s obligations under this Note shall be the absolute and unconditional duty and obligation of the Borrower and shall be independent of any rights of set-off, recoupment or counterclaim which the Borrower might otherwise have against the holder of this Note, and the Borrower shall pay absolutely the payments of principal, interest, fees and expenses required hereunder, free of any deductions and without abatement, diminution or set-off.
Appears in 4 contracts
Samples: Phoenix Capital Group Holdings I LLC, Phoenix Capital Group Holdings I LLC, Phoenix Capital Group Holdings I LLC
Unconditional Obligations. The Borrower’s 's obligations under this Note shall be the absolute and unconditional duty and obligation of the Borrower and shall be independent of any rights of set-off, recoupment or counterclaim which the Borrower might otherwise have against the holder of this Note, and the Borrower shall pay absolutely the payments of principal, interest, fees and expenses required hereunder, free of any deductions and without abatement, diminution or set-off.
Appears in 2 contracts
Samples: Citadel Security Software Inc, Citadel Security Software Inc
Unconditional Obligations. The Borrower’s obligations under this Note shall be the absolute and unconditional duty and obligation of the Borrower and shall be independent of any rights of set-off, recoupment or counterclaim which the Borrower might otherwise have against the holder of this Note, and the Borrower shall pay absolutely the payments of principal, interest, fees and expenses required hereunderunder this Note, free of any deductions and without abatement, diminution or set-off.
Appears in 2 contracts
Samples: Promissory Note (Sign Media Systems Inc), Sign Media Systems Inc
Unconditional Obligations. The Borrower’s 's obligations under this Note shall be the absolute and unconditional duty and obligation of the Borrower and shall be independent of any rights of set-off, recoupment or counterclaim which the Borrower might otherwise have against the holder of this Note, and the Borrower shall pay absolutely the payments of principal, interest, fees and expenses required hereunderunder this Note, free of any deductions and without abatement, diminution or set-off.
Appears in 2 contracts
Samples: Loan Agreement (Sign Media Systems Inc), Loan Agreement (Sign Media Systems Inc)
Unconditional Obligations. The Borrower’s obligations under pursuant to this Revolving Loan Promissory Note shall be the absolute and unconditional duty and obligation of the Borrower and shall be independent of any rights of set-off, recoupment or counterclaim which the Borrower might otherwise have against the holder of this Revolving Loan Promissory Note, and the Borrower shall pay absolutely the payments of principal, interest, fees and expenses required hereunder, free of any deductions and without abatement, diminution or set-off.
Appears in 1 contract
Samples: Guaranty Agreement (Lecroy Corp)
Unconditional Obligations. The Borrower’s 's obligations under this Note shall be the absolute and unconditional duty duties and obligation obligations of the Borrower and shall be independent of any rights of set-off, recoupment or counterclaim which the Borrower might otherwise have against the holder of this NoteLender, and the Borrower shall pay absolutely the payments of principal, interest, fees fees, charges and expenses required hereunder, free of any deductions and without abatement, diminution or set-off.
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Unconditional Obligations. The Borrower’s obligations under pursuant to this Revolving Credit Note shall be the absolute and unconditional duty and obligation of the Borrower and shall be independent of any rights of set-off, recoupment or counterclaim which the Borrower might otherwise have against the holder of this NoteLender, and the Borrower shall pay absolutely the payments of principal, interest, fees and expenses required hereunder, free of any deductions and without abatement, diminution or set-off.
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