Common use of Payments Not Conditional Clause in Contracts

Payments Not Conditional. All payments required to be made by Borrower hereunder or under the Note or the other Loan Documents shall be made irrespective of, and without deduction for, any setoff, claim or counterclaim and shall be made irrespective of any defense thereto.

Appears in 14 contracts

Samples: Loan and Security Agreement (AB Commercial Real Estate Private Debt Fund, LLC), Second Mezzanine Loan Agreement, Construction Loan Agreement (Allegiant Travel CO)

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Payments Not Conditional. All payments required to be made by Borrower hereunder or under the Note or the other Loan Documents shall be made irrespective of, and without deduction for, any setoff, claim or counterclaim and shall be made irrespective of any defense thereto, but any such payment shall not constitute a waiver of any such claim, counterclaim or other right.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement (Empire State Realty Trust, Inc.), Loan Agreement (Empire State Realty Trust, Inc.)

Payments Not Conditional. All payments required to be made by Borrower hereunder or under the Building Loan Note or the other Building Loan Documents shall be made irrespective of, and without deduction for, any setoff, claim or counterclaim and shall be made irrespective of any defense thereto.

Appears in 1 contract

Samples: Building Loan Agreement (Alexanders Inc)

Payments Not Conditional. All payments required to be made by Borrower hereunder or under the Supplemental Loan Note or the other Supplemental Loan Documents shall be made irrespective of, and without deduction for, any setoff, claim or counterclaim and shall be made irrespective of any defense thereto.

Appears in 1 contract

Samples: Supplemental Loan Agreement (Alexanders Inc)

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Payments Not Conditional. All payments required to be made by Borrower Borrowers hereunder or under the Note or the other Loan Documents shall be made irrespective of, and without deduction for, any setoff, claim or counterclaim and shall be made irrespective of any defense thereto.

Appears in 1 contract

Samples: First Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.)

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