Common use of No set-off by Transaction Obligors Clause in Contracts

No set-off by Transaction Obligors. All payments to be made by a Transaction 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 20 contracts

Samples: Term Loan Facility (Okeanis Eco Tankers Corp.), Term Loan Facility (Navios Maritime Partners L.P.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.)

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No set-off by Transaction Obligors. (a) All payments to be made by a Transaction 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 2 contracts

Samples: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)

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No set-off by Transaction Obligors. All payments to be made by a Transaction an Obligor under the Finance Documents to which it is a party in accordance with their terms shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

Appears in 1 contract

Samples: Facility Agreement (Euroseas Ltd.)

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