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
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
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