Common use of SETOFFS AND COUNTERCLAIMS Clause in Contracts

SETOFFS AND COUNTERCLAIMS. Without limiting the Guarantor’s own defenses and rights hereunder, the Guarantor reserves to itself all rights, setoffs, counterclaims and other defenses to which the XXXX Supplier is or may be entitled arising from or out of the Agreement, except for defenses arising out of bankruptcy, insolvency, dissolution or liquidation of the XXXX Supplier.

SETOFFS AND COUNTERCLAIMS. Without limiting the Guarantor’s 's own defenses and rights hereunder, the Guarantor reserves to itself all ail rights, setoffs, counterclaims and and-other defenses deflrnses to which the XXXX Supplier Company is or may be entitled to arising from or out of the Agreement, except for defenses arising out of bankruptcy, insolvency, dissolution or liquidation of the XXXX SupplierCompany.