Common use of Declaration of No Set-Off Clause in Contracts

Declaration of No Set-Off. Within twenty (20) days after requested to do so by Mortgagee, Mortgagor shall certify to Mortgagee or to any proposed assignee of this Mortgage, in a writing duly acknowledged, the amount of principal, interest and other charges then owing on the obligation secured by this Mortgage and whether there are any setoffs or defenses against it.

Appears in 8 contracts

Samples: Mortgage and Security Agreement (Industrial Income Trust Inc.), Mortgage and Security Agreement (Industrial Income Trust Inc.), Mortgage and Security Agreement (Industrial Income Trust Inc.)

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Declaration of No Set-Off. Within twenty one (201) days week after being requested to do so by Mortgagee, Mortgagor shall certify to Mortgagee Mortgagee, or to any proposed assignee of this Mortgage, and in a writing form that is provided by Mortgagee and that is duly acknowledgedacknowledged by Mortgagor, the amount of principal, interest and other charges then owing on the obligation secured by this Mortgage and whether there are any setoffs set-offs or defenses against it.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Imagemax Inc)

Declaration of No Set-Off. Within twenty ten (2010) days after requested to do so by Mortgagee, Mortgagor shall certify to Mortgagee or to any proposed assignee of this Mortgage, in a writing duly acknowledged, the amount of principal, interest and other charges then owing on the obligation secured by this Mortgage and by prior liens, if any, and whether there are any setoffs set-offs or defenses against itthem.

Appears in 1 contract

Samples: Agreement (American Stone Industries Inc)

Declaration of No Set-Off. Within twenty one (201) days week after requested to do so by Mortgagee, Mortgagor shall certify to Mortgagee or to any proposed assignee of this Mortgage, in a writing duly acknowledged, the amount of principal, interest and other charges then owing on the obligation secured by this Mortgage and by prior liens, if any, and whether there are any setoffs set-offs or defenses against itthem.

Appears in 1 contract

Samples: Open End Mortgage and Security Agreement (Piercing Pagoda Inc)

Declaration of No Set-Off. Within twenty (20) days after requested written request to do so by Mortgagee, but no more often than twice in any calendar year. Mortgagor shall certify to the best of its knowledge to Mortgagee or to any proposed assignee of this Mortgage, in a writing duly acknowledged, the amount of principal, interest and other charges then owing on the obligation secured by this Mortgage and by prior liens, if any, and whether there are any setoffs set-offs or defenses against itit or claims against Mortgagee.

Appears in 1 contract

Samples: Mortgage and Security Agreement (NeoStem, Inc.)

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Declaration of No Set-Off. Within twenty (20) days after being requested to do so by Mortgagee, Mortgagor shall certify to Mortgagee or to any proposed assignee of this Mortgage, in a writing duly acknowledged, the amount of principal, interest and other charges then owing on the obligation Obligations secured by this Mortgage and by prior liens, if any, and whether there are any setoffs or defenses against itthem.

Appears in 1 contract

Samples: Agreement and Plan of Merger (LKQ Corp)

Declaration of No Set-Off. Within twenty ten (2010) days after requested to do so by Mortgagee, Mortgagor shall certify to Mortgagee or to any proposed assignee of this Mortgage, in a writing duly acknowledged, the amount of principal, interest and other charges then owing on the obligation obligations secured by this Mortgage and by prior liens, if any, and stating whether or not there are any setoffs set-offs or defenses against itsuch obligations and, if such claims are asserted, the nature and amount thereof.

Appears in 1 contract

Samples: Mortgage, Security Agreement and Fixture Filing

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