Common use of No Set Clause in Contracts

No Set. off. Notwithstanding any provision of this Agreement or any other existing or future agreements, each of Party A and Party B irrevocably waives as to itself any and all contractual rights it may have to set off, net, recoup or otherwise withhold or suspend or condition its payment or performance of any obligation to the other party under this Agreement against any obligation of one party hereto to the other party hereto arising outside of this Agreement (which Agreement includes without limitation, the Master Agreement to which this Schedule is attached, this Schedule and the Confirmation). Accordingly, the provisions for Set-Off in Section 6(e) of this Agreement shall not apply for purposes of this Transaction.

Appears in 5 contracts

Samples: Exhibit 99 (IndyMac INDX Mortgage Loan Trust 2006-Ar27), Exhibit 99 (IndyMac INDX Mortgage Loan Trust 2006-Ar15), Exhibit 99 (IndyMac INDX Mortgage Loan Trust 2006-Ar27)

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