Common use of No Offsets or Defenses Clause in Contracts

No Offsets or Defenses. All Distributions, Capital Accounts and other amounts owed to Borrower in connection with the LLC Interest are subject to no defense or set off other than those expressly specified in the LLC Agreement.

Appears in 2 contracts

Samples: Security Agreement (Greenhill & Co Inc), Security Agreement (Greenhill & Co Inc)

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No Offsets or Defenses. All Distributions, Capital Accounts and other amounts owed to Borrower in connection with its interest in the LLC Interest Limited Partnership are subject to no defense or set off other than those expressly specified in the LLC LP Agreement.

Appears in 1 contract

Samples: Security Agreement (Greenhill & Co Inc)

No Offsets or Defenses. All Distributions, Capital Accounts and other amounts owed to Borrower in connection with the LLC Equity Interest are subject to no defense or set off other than those expressly specified in the LLC AgreementAgreement or the Shareholder Agreement as applicable.

Appears in 1 contract

Samples: Security Agreement (Greenhill & Co Inc)

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No Offsets or Defenses. All Distributions, Capital Accounts and other amounts owed to Borrower in connection with the LLC Equity Interest are subject to no defense or set off other than those expressly specified in the LLC Agreement or Shareholder Agreement, as applicable.

Appears in 1 contract

Samples: Security Agreement (Greenhill & Co Inc)

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