Common use of No Setoffs Clause in Contracts

No Setoffs. With respect to a monetary default claimed by us under this Agreement or the Note, no setoff, claim, counterclaim, reduction or diminution of any obligation or defense of any kind or nature that you may have against us shall be available against us in any action, suit or proceeding brought by us to enforce this Agreement or the Note. The foregoing shall not be construed as a waiver by you of any such rights or claims against us, but any recovery upon any such rights or claims shall be had from us separately, it being the intent of this Agreement and the Note that you shall be obligated to pay, absolutely and unconditionally, all amounts due under this Agreement and the Note. • Publicity. We may announce and publicize the financing evidenced under this Agreement in such a manner as we may elect. You consent to our use of any images, video or other materials pertinent to the Loan.

Appears in 6 contracts

Samples: Participated Loan Agreement, Syndicated Loan Agreement, Syndicated Loan Agreement

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No Setoffs. With respect to a monetary default claimed by us under this Agreement or the Note, no setoffsetoff, claim, counterclaim, reduction or diminution of any obligation or defense of any kind or nature that you may have against us shall be available against us in any action, suit or proceeding brought by us to enforce this Agreement or the Note. The foregoing shall not be construed as a waiver by you of any such rights or claims against us, but any recovery upon any such rights or claims shall be had from us separately, it being the intent of this Agreement and the Note that you shall be obligated to pay, absolutely and unconditionally, all amounts due under this Agreement and the Note. Publicity. We may announce and publicize the financing financing evidenced under this Agreement in such a manner as we may elect. You consent to our use of any images, video or other materials pertinent to the Loan.

Appears in 1 contract

Samples: Syndicated Loan Agreement

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