Postponement of Set-Off Etc. Until this Agreement has been terminated in accordance with Section 3.4, the Obligor shall not claim any set-off or counterclaim against the Borrower as a result of any liability of the Borrower to the Obligor, or claim or prove in the bankruptcy or insolvency of the Borrower in competition with the Lender.
Appears in 2 contracts
Samples: Guarantee and Indemnity (Yappn Corp.), Guarantee and Indemnity (Yappn Corp.)
Postponement of Set-Off Etc. Until this Agreement has been terminated in accordance with Section 3.43.3, the Obligor shall not claim any set-off or counterclaim against the Borrower as a result of any liability of the Borrower to the Obligor, or claim or prove in the bankruptcy or insolvency of the Borrower in competition with the Lender.
Appears in 1 contract
Samples: Loan Agreement (Enerkem Inc.)
Postponement of Set-Off Etc. Until this Agreement has been terminated in accordance with Section 3.4, the Obligor shall not claim any set-off or counterclaim against the Borrower as a result of any liability of the Borrower to the Obligor, or claim or prove in the bankruptcy or insolvency of the Borrower in competition with the LenderSecured Parties.
Appears in 1 contract
Samples: Credit Agreement (PHH Corp)
