Common use of Payment of Currency and Setoff Clause in Contracts

Payment of Currency and Setoff. All payments by the Sellers or the Servicer to any Affected Party or any other Person shall be made in U.S. Dollars and without set-off or counterclaim. Any of the Sellers’ or the Servicer’s obligations hereunder shall not be satisfied by any tender or recovery of another currency except to the extent such tender or recovery results in receipt of the full amount of U.S. Dollars.

Appears in 6 contracts

Samples: Receivables Purchase Agreement (SPRINT Corp), Receivables Purchase Agreement (SPRINT Corp), Receivables Purchase Agreement (SPRINT Corp)

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Payment of Currency and Setoff. All payments by the Sellers Seller or the Master Servicer to any Affected Party or any other Person shall be made in U.S. Dollars and without set-off or counterclaim. Any of the Sellers’ Seller’s or the Master Servicer’s obligations hereunder shall not be satisfied by any tender or recovery of another currency except to the extent such tender or recovery results in receipt of the full amount of U.S. Dollars.

Appears in 5 contracts

Samples: Receivables Purchase Agreement (C. H. Robinson Worldwide, Inc.), Receivables Purchase Agreement (C. H. Robinson Worldwide, Inc.), Receivables Purchase Agreement (C. H. Robinson Worldwide, Inc.)

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Payment of Currency and Setoff. All payments by the Sellers Seller, Servicer, Performance Guarantor or the Servicer Originator to any Affected Secured Party or any other Person shall be made in U.S. Dollars and without set-off or counterclaim. Any of the Sellers’ Seller’s, Servicer’s, Performance Guarantor’s or the ServicerOriginator’s obligations hereunder shall not be satisfied by any tender or recovery of another currency except to the extent such tender or recovery results in receipt of the full amount of U.S. Dollars.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Mylan Inc.), Receivables Purchase Agreement (Mylan Inc.)

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