Common use of No Right of Offset Clause in Contracts

No Right of Offset. Neither KEM nor any other KEM Indemnitee shall have any right-of-off set, including, but not limited to, under this Section 15, against any amounts that may now or hereafter be owed to CIL&D (or its successors and assigns) by Buyer, KEM, KEM’s Affiliates and any other party guarantying of securing any such amounts including, but not limited to, the $4.25 Million Note and the $19 Million Note, as defined in the PA.

No Right of Offset. Neither KEM nor any other KEM Indemnitee shall have any right-of-off set, including, but not limited to, under this Section 1519, against any amounts that may now or hereafter be owed to CIL&D (or its successors and assigns) by Buyer, KEM, KEM’s Affiliates and any other party guarantying of securing any such amounts including, but not limited to, the $4.25 Million Note million note and the $19 Million million Note, as defined in the PA.

No Right of Offset. Neither KEM nor any other KEM Indemnitee shall have any right-of-off set, including, but not limited to, under this Section 15, against any amounts that may now or hereafter be owed to CIL&D (or its successors and assigns) by Buyer, KEM, KEM’s Affiliates and any other party guarantying of securing any such amounts including, but not limited to, the $4.25 Million Note million note and the $19 Million million Note, as defined in the PA.

No Right of Offset. Neither KEM nor any other KEM Indemnitee shall have any right-of-off set, including, but not limited to, under this Section 156, against any amounts that may now or hereafter be owed to CIL&D (or its successors and assigns) by Buyer, KEM, KEM’s Affiliates and any other party guarantying of securing any such amounts including, but not limited to, the $4.25 Million Note million note and the $19 Million million Note, as defined in the PA.