Common use of No Security Clause in Contracts

No Security. This clause 16 (Set-off) gives to the Lender a contractual right of set-off only, and does not create any equitable charge or other Security over any credit balance of the Borrower.

Appears in 6 contracts

Samples: Term Loan Agreement, Term Loan Agreement, Term Loan Agreement

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No Security. This clause 16 15 (Set-off) gives to the Lender a contractual right of set-off only, only and does not create any equitable charge or other Security over any credit balance of the Borrower.

Appears in 5 contracts

Samples: Facility Agreement, Oxbury Farm Credit Account General Terms and Conditions, Facility Agreement

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No Security. This clause 16 14 (Set-off) gives to the Lender a contractual right of set-off only, only and does not create any equitable charge or other Security over any credit balance of the Borrower.

Appears in 1 contract

Samples: Oxbury Flexi Credit Agreement

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