Common use of No Setoff Clause in Contracts

No Setoff. Neither party shall have the right to set off any obligation that it may have to the other party under the Transaction against any obligation such other party may have to it, whether arising under the Agreement, this Confirmation or any other agreement between the parties hereto, by operation of law or otherwise.

Appears in 68 contracts

Samples: Call Option Transaction (Omnicell, Inc.), Call Option Transaction (Granite Construction Inc), Call Option Transaction (Microchip Technology Inc)

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No Setoff. Neither party shall have the right to set off any obligation that it may have to the other party under the Transaction against any obligation such other party may have to it, whether arising under the Agreement, this Confirmation or any other agreement between the parties hereto, by operation of law or otherwiseotherwise and each party hereby waives any such right to setoff.

Appears in 7 contracts

Samples: Call Option Transaction (BridgeBio Pharma, Inc.), Call Option Transaction (Health Catalyst, Inc.), Call Option Transaction (Slack Technologies, Inc.)

No Setoff. Neither party shall have the right to set off any obligation that it may have to the other party under the Transaction against any obligation such other party may have to it, whether arising under the Agreement, this Confirmation or any other agreement between the parties hereto, by operation of law or otherwise, and each party hereby waives any such right of setoff.

Appears in 4 contracts

Samples: Call Option Transaction (Unisys Corp), Call Option Transaction (Unisys Corp), Base Call Option Transaction (Unisys Corp)

No Setoff. Neither party shall have the right to set off any obligation that it may have to the other party under the this Transaction against any obligation such other party may have to it, whether arising under the Agreement, this Confirmation or any other agreement between the parties hereto, by operation of law or otherwise.

Appears in 4 contracts

Samples: Call Option Transaction (Avis Budget Group, Inc.), Base Call Option Transaction (Avis Budget Group, Inc.), Base Call Option Transaction (Avis Budget Group, Inc.)

No Setoff. Neither party shall have the right to set off any obligation that it may have to the other party under the Transaction against any obligation such other party may have to it, whether arising under the Agreement, this Confirmation or any other agreement between the parties hereto, by operation of law or otherwise.. (l)

Appears in 1 contract

Samples: Call Option Transaction (Five9, Inc.)

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No Setoff. Neither party shall have the any right to set off any obligation that it may have to the other party under the Transaction against any obligation such other party may have to it, whether arising under the Agreement, this the Confirmation or the Transaction against other obligation between the parties, whether arising under any other agreement between the parties heretoagreement, by operation of applicable law or otherwise.

Appears in 1 contract

Samples: Call Option Transaction (Sphere Entertainment Co.)

No Setoff. Neither party shall have the right to set off any obligation that it may have to the other party under the Transaction against any obligation such other party may have to it, whether arising under the Agreement, this Confirmation or any other agreement between the parties hereto, by operation of law or otherwise, and each party hereby waives any such right to setoff.

Appears in 1 contract

Samples: Base Call Option Transaction (Chimera Investment Corp)

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