Common use of Noteholder Set-off Clause in Contracts

Noteholder Set-off. Each Noteholder shall have, to the fullest extent permitted by law and this Guaranty, a right of set-off against any and all credits and any and all other property of any or all of the Guarantors or any other Person, now or at any time whatsoever, with or in the possession of, such Noteholder, or anyone acting for such Noteholder, to ensure the full performance of any and all obligations of each Guarantor hereunder.

Appears in 13 contracts

Samples: Guaranty Agreement (Tiffany & Co), Guaranty Agreement (Tiffany & Co), Guaranty Agreement (Tiffany & Co)

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Noteholder Set-off. Each Noteholder shall have, to the fullest extent permitted by law and this GuarantyGuarantee, a right of set-off against any and all credits and any and all other property of any or all of the Guarantors or any other PersonGuarantors, now or at any time whatsoever, with or in the possession of, such Noteholder, or anyone acting for such Noteholder, to ensure the full performance of any and all obligations of each Guarantor hereunderhereunder following and during the continuance of an Event of Default.

Appears in 3 contracts

Samples: Guarantee Agreement (Mohegan Tribal Gaming Authority), Facility Agreement (Mohegan Tribal Gaming Authority), Guarantee Agreement (Mohegan Tribal Gaming Authority)

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Noteholder Set-off. Each Noteholder shall have, to the fullest extent permitted by law and this Guaranty, a right of set-off against any and all credits and any and all other property of any either or all both of the Guarantors or any other Person, now or at any time whatsoever, with or in the possession of, such Noteholder, or anyone acting for such Noteholder, to ensure the full performance of any and all obligations of each Guarantor hereunder.

Appears in 1 contract

Samples: Guaranty Agreement (Tiffany & Co)

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