Common use of No set-off by the Borrower Clause in Contracts

No set-off by the Borrower. The amounts payable by the Borrower hereunder shall not be subject to any deduction, withholding, set-off or counterclaim by the Borrower or a Guarantor for any reason whatsoever.

Appears in 2 contracts

Samples: Credit Agreement (Usg Corp), Credit Agreement (Usg Corp)

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No set-off by the Borrower. The amounts payable by the Borrower hereunder shall will not be subject to any deduction, withholding, set-off or counterclaim by the Borrower or a Guarantor for any reason whatsoeverwithout Lender’s consent.

Appears in 1 contract

Samples: Loan Agreement (Gerdau Ameristeel Corp)

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No set-off by the Borrower. The amounts payable by the Borrower hereunder shall will not be subject to any deduction, withholding, set-off or counterclaim by the Borrower or a Guarantor for any reason whatsoever.

Appears in 1 contract

Samples: Loan Agreement (Brookfield Homes Corp)

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