Common use of No set-off by Borrowers Clause in Contracts

No set-off by Borrowers. All payments to be made by a Borrower under the Finance Documents shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

Appears in 11 contracts

Samples: Syndicated Facility Agreement (Equinix Inc), Facility Agreement (Shanda Games LTD), Agreement (Alpha Beta Netherlands Holding N.V.)

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No set-off by Borrowers. All payments to be made by a Borrower an Obligor under the Finance Documents shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

Appears in 1 contract

Samples: Facilities Agreement (UTi WORLDWIDE INC)

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