Common use of Set-Off Exclusion Clause in Contracts

Set-Off Exclusion. All payments which are required to be made by the Company to the Investor shall be made without: (a) any set-off, counterclaim or condition; or (b) any deduction or withholding for Tax or any other reason, unless a deduction or withholding is required by law, except as may otherwise be consented to by the Investor.

Appears in 2 contracts

Samples: Convertible Security Agreement (Metal Storm LTD /Adr/), Convertible Security Agreement (Metal Storm LTD /Adr/)

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Set-Off Exclusion. All payments which are required to be made by the Company to the Investor shall will be made without: (a) any set-off, counterclaim or condition; or (b) any deduction or withholding for Tax or any other reason, unless a deduction or withholding is required by law, except as may otherwise be consented to by the Investor.

Appears in 1 contract

Samples: Convertible Security Funding Agreement (Avalon Advanced Materials Inc.)

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Set-Off Exclusion. All payments which are required to be made by the Company to the Investor shall be made without: : (a) any set-off, counterclaim or condition; or or (b) any deduction or withholding for Tax or any other reason, unless a deduction or withholding is required by law, ; except as may otherwise be consented to by the Investor.

Appears in 1 contract

Samples: Convertible Loan Agreement (Prima BioMed LTD)

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