Rights of Setoff. If and to the extent any payment is not made when due hereunder, then the Administrative Agent and each other Credit Party (with the prior consent of the Administrative Agent) may setoff and charge from time to time any amount so due against any or all of the Guarantor’s accounts or deposits with the Administrative Agent or such other Credit Party.
Appears in 9 contracts
Samples: Credit Agreement (STAG Industrial, Inc.), Term Loan Agreement (STAG Industrial, Inc.), Term Loan Agreement (STAG Industrial, Inc.)
Rights of Setoff. If and to the extent any payment is not made when due hereunder, then the Administrative Agent and each other Credit Party (with the prior consent of the Administrative Agent) may setoff and charge from time to time any amount so due against any or all of the Guarantor’s Guarantors’ accounts or deposits with the Administrative Agent or such other Credit Party.
Appears in 9 contracts
Samples: Term Loan Agreement (STAG Industrial, Inc.), Credit Agreement (STAG Industrial, Inc.), Term Loan Agreement (STAG Industrial, Inc.)
Rights of Setoff. If and to the extent any payment is not made when due hereunder, then the Administrative Agent and each other Credit Party (with the prior consent of the Administrative Agent) may setoff and charge from time to time any amount so due against any or all of the Guarantor’s Guarantors’ accounts or deposits with the Administrative Agent or such other Credit Party.
Appears in 8 contracts
Samples: Credit Agreement (Ashford Hospitality Prime, Inc.), Term Loan Agreement (STAG Industrial, Inc.), Credit Agreement (Ashford Hospitality Prime, Inc.)
Rights of Setoff. If and to the extent any payment is not made when due hereunder, then the Administrative Agent and each other Credit Party (with the prior consent of the Administrative Agent) may setoff and charge from time to time any amount so due against any or all of the Guarantor’s accounts or deposits with the Administrative Agent or such other Credit Party.
Appears in 6 contracts
Samples: Term Loan Agreement (STAG Industrial, Inc.), Pledge Agreement (Sunstone Hotel Investors, Inc.), Pledge Agreement (Sunstone Hotel Investors, Inc.)
Rights of Setoff. If and to the extent any payment is not made when due hereunder, then the Administrative Agent and each other Credit Party (with the prior consent of the Administrative Agent) may setoff and charge from time to time any amount so due against any or all of the Guarantor’s accounts or deposits with the Administrative Agent or such other Credit Party.
Appears in 2 contracts
Samples: Credit Agreement (Ashford Hospitality Prime, Inc.), Credit Agreement (Ashford Hospitality Prime, Inc.)
Rights of Setoff. If and to the extent any payment is not made when due hereunder, then the Administrative Agent and each other Credit Party (with the prior consent of the Administrative Agent) may setoff and charge from time to time any amount so due against any or all of the Guarantor’s Guarantors' accounts or deposits with the Administrative Agent or such other Credit Party.
Appears in 1 contract
Samples: Guaranty (Agree Realty Corp)
Rights of Setoff. If and to the extent any payment is not made when due hereunder, then the Administrative Agent and each other Credit Party (with the prior consent of the Administrative Agent) may setoff and charge from time to time any amount so due against any or all of the Guarantor’s Guarantors’ accounts or deposits with the Administrative Agent or such other Credit Party. Section 19.
Appears in 1 contract
Samples: Credit Agreement (Ashford Inc.)
Rights of Setoff. If and to the extent any payment is not made when due hereunder, then the Administrative Agent and each other Credit Secured Party (with the prior consent of the Administrative Agent) may setoff and charge from time to time any amount so due against any or all of the Guarantor’s Guarantors’ accounts or deposits with the Administrative Agent or such other Credit Secured Party.
Appears in 1 contract
Samples: Term Loan Agreement (American Realty Capital Hospitality Trust, Inc.)
