Common use of Secured Party’s Setoff Clause in Contracts

Secured Party’s Setoff. Secured Party shall have the right, in addition to all other rights and remedies available to it, following an Event of Default, to set off against any Obligations due Secured Party, any debt owing to the Company by Secured Party.

Appears in 31 contracts

Samples: Security Agreement (Tribal Rides International Corp.), Security Agreement (Healthcare Integrated Technologies Inc.), Security Agreement (One World Pharma, Inc.)

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Secured Party’s Setoff. Secured Party shall have the right, in addition to all other rights and remedies available to it, following an Uncured Continuing Event of Default, to set off against any Obligations due Secured Party, any debt owing to the Company by Secured Party.

Appears in 13 contracts

Samples: Security Agreement (NovAccess Global Inc.), Security Agreement (EzFill Holdings Inc), Security Agreement (Ilustrato Pictures International Inc.)

Secured Party’s Setoff. Secured Party shall have the right, in addition to all other rights and remedies available to it, following an Event of Default, to set off against any Obligations due Secured Party, any debt owing to the Pledgor or the Company by Secured Party.

Appears in 11 contracts

Samples: Securities Purchase Agreement (SinglePoint Inc.), Pledge and Escrow Agreement (SRAX, Inc.), Pledge and Escrow Agreement (Jupiter Wellness, Inc.)

Secured Party’s Setoff. Secured Party shall have the right, in addition to all other rights and remedies available to it, following an Event of Default, to set off against any Obligations due Secured Party, any debt owing to the Company Pledgor by Secured Party.

Appears in 8 contracts

Samples: Pledge and Escrow Agreement (Inventergy Global, Inc.), Pledge and Escrow Agreement (Revolutions Medical CORP), Pledge and Escrow Agreement (Aqualiv Technologies, Inc.)

Secured Party’s Setoff. Secured Party shall have the right, in addition to all other rights and remedies available to it, following an Event of Default, to set off against any Obligations due Secured Party, any debt owing to the Company Pledgor or the Companies by Secured Party.

Appears in 7 contracts

Samples: Pledge and Escrow Agreement (Sack Lunch Productions Inc.), Pledge and Escrow Agreement (Sack Lunch Productions Inc.), Pledge and Escrow Agreement (Sack Lunch Productions Inc.)

Secured Party’s Setoff. Secured Party shall have the right, in addition to all other rights and remedies available to it, following an Event of Default, to set off against any Obligations due Secured Party, any debt owing to the Company Debtor by Secured Party.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Micro Imaging Technology, Inc.), Security Agreement (Santa Fe Gold CORP), Security Agreement (Santa Fe Gold CORP)

Secured Party’s Setoff. Secured Party shall have the right, in addition to all other rights and remedies available to it, following an Event of Default, to set off against any Obligations due Secured Party, any debt owing to the Company Grantor by Secured Party.

Appears in 5 contracts

Samples: Security Agreement (Rennova Health, Inc.), Security Agreement (Mota Group, Inc.), Security Agreement (Medytox Solutions, Inc.)

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Secured Party’s Setoff. Secured Party shall have the right, in addition to all other rights and remedies available to it, following an Event of Default, to set off against any Obligations due Secured Party, any debt owing to the Company Pledgors or the Companies by Secured Party.

Appears in 1 contract

Samples: Pledge and Escrow Agreement (Pulse Network, Inc.)

Secured Party’s Setoff. Secured Party shall have the right, in addition to all other rights and remedies available to it, following and during the continuance an Uncured Continuing Event of Default, to set off against any Obligations due Secured Party, any debt owing to the Company by Secured Party.

Appears in 1 contract

Samples: Security Agreement (Bio Key International Inc)

Secured Party’s Setoff. Secured Party shall have the right, in addition to all other rights and remedies available to it, following an Event of Default, to set off against any Obligations due Secured Party, any debt owing to the Company Pledgor or the Issuer by Secured Party.

Appears in 1 contract

Samples: Pledge Agreement (SinglePoint Inc.)

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