Common use of No Set-Off, Etc Clause in Contracts

No Set-Off, Etc. Subject only to the limitations set forth in the following paragraph (iv), the obligations of each RC Lender to make available to the Swing Loan Lender the amounts set forth in the preceding paragraph (ii) shall be absolute, unconditional and irrevocable under any and all circumstances without reduction for any set-off or counterclaim of any nature whatsoever and may not be terminated, suspended or delayed for any reason whatsoever, shall not be subject to qualification or exception and shall be made in accordance with the terms of this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Genesis Eldercare Acquisition Corp), Credit Agreement (Genesis Eldercare Acquisition Corp)

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No Set-Off, Etc. Subject only to the limitations set forth in the following paragraph (ive), the obligations of each RC Lender to make available to the Swing Loan Lender the amounts set forth in the preceding paragraph (iic) shall be absolute, unconditional and irrevocable under any and all circumstances without reduction for any set-off or counterclaim of any nature whatsoever and may not be terminated, suspended or delayed for any reason whatsoever, shall not be subject to qualification or exception and shall be made in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Specialty Products & Insulation Co)

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No Set-Off, Etc. Subject only to the limitations set forth in the following paragraph (iv), the obligations of each RC Lender to make available to the Swing Loan Lender the amounts set forth in the preceding paragraph (ii) shall be absolute, unconditional and irrevocable under any and all circumstances without reduction for any set-off or counterclaim of any nature whatsoever and may not be terminated, suspended or delayed for any reason whatsoever, shall not be subject to qualification or exception and shall be made in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Genesis Eldercare Acquisition Corp)

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