Common use of Set-Off Clause in Contracts

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in Section 6(e) of the Agreement shall not apply for purposes of this Transaction.

Appears in 46 contracts

Samples: Fixed Income Derivatives Confirmation and Agreement (HSI Asset Securitization CORP Trust 2006-Opt2), Pooling and Servicing Agreement (American Home Mortgage Assets Trust 2005-1), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-He2)

AutoNDA by SimpleDocs

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in Section 6(e) of the ISDA Form Master Agreement shall not apply for purposes of this Transaction.

Appears in 29 contracts

Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-Nc2), Pooling and Servicing Agreement (Soundview Home Loan Trust 2006-Wf1), Pooling and Servicing Agreement (Prime Mortgage Trust 2006-Cl1)

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreementagreements, each party of Party A and Party B irrevocably waives as to itself any and all contractual rights it may have to set off, net, recoup or otherwise withhold or suspend or condition its payment or performance of any obligation between it and the other party hereunder against any obligation between it and to the other party under this Agreement against any obligation of one party hereto to the other agreementsparty hereto arising outside of this Agreement. The provisions for Setset-off set forth in Section 6(e) of the this Agreement shall not apply for purposes of this Transaction.

Appears in 26 contracts

Samples: Isda Master Agreement, Isda Master Agreement (Long Beach Mortgage Loan Trust 2006-3), Confirmation (Washington Mutual Asset-Backed Certificates, WMABS Series 2006-He3)

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in last sentence of the first paragraph of Section 6(e) of the ISDA Form Master Agreement shall not apply for purposes of this Transaction.

Appears in 22 contracts

Samples: Rate Cap Transaction (First Horizon Asset Sec Mort Pass THR Certs Ser 2006-Fa1), Rate Cap Transaction (First Franklin Mortgage Loan Trust 2006-Ff11), Rate Swap Transaction (First Franklin Mortgage Loan Trust 2006-Ff5)

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in Section 6(e) of the Agreement shall not apply for purposes of this Transaction.

Appears in 17 contracts

Samples: Master Agreement (J P Morgan Acceptance Corp I), Master Agreement (Jpmac 2006-Nc2), Master Agreement (Jpmac 2006-Wmc3)

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, but subject to Section 2(c), Section 6 and Part 6(3)(viii) of this Schedule a, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in Section 6(e) of the Agreement shall not apply for purposes of to this TransactionAgreement.

Appears in 15 contracts

Samples: Isda Master Agreement (C-Bass 2007-Cb1 Trust), Master Agreement (J.P. Morgan Alternative Loan Trust 2007-S1), Master Agreement (J.P. Morgan Alternative Loan Trust 2007-A2)

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in Section 6(e) of the Agreement shall not apply for purposes of this Transaction, provided that nothing herein shall be construed to waive or otherwise limit the netting provisions contained in Section 2(c) or 6(e) of this Agreement.

Appears in 13 contracts

Samples: Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2007-He1), Pooling and Servicing Agreement (SABR LLC Trust 2006-Cb1), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2006-Fr2)

Set-Off. Notwithstanding any provision of this the Form Master Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in Section 6(e) of the Form Master Agreement shall not apply for purposes of this Transaction.

Appears in 8 contracts

Samples: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2006-Ar3), Grantor Trust Agreement (Bear Stearns Structured Products Inc. Trust 2007-R3), Grantor Trust Agreement (GreenPoint Mortgage Funding Trust 2005-Ar1)

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off Off set forth fort in Section 6(e) of the Agreement shall not apply for purposes of this Transaction.

Appears in 6 contracts

Samples: Mortgage Derivatives Confirmation and Agreement (CWABS Asset-Backed Certificates Trust 2006-9), Assignment Agreement (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2006-C), Fixed Income Derivatives Confirmation and Agreement (Alternative Loan Trust 2006-28cb)

Set-Off. Notwithstanding any other provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or withhold, suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in Section 6(e) of the Agreement shall not apply for purposes of this Transaction.

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2006-Nc1), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2006-Fr3), Pooling and Servicing Agreement (SABR LLC Trust 2006-Fr1)

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set set-off, net, net recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in Section 6(e) of the Master Agreement shall not apply for purposes of this Transaction.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-Cw1), Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-Fm2), Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-Cw1)

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off Off set forth in Section 6(e) of the Agreement shall not apply for purposes of this Transaction.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-Nc2), Assignment Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2006-E), Fixed Income Derivatives Confirmation and Agreement (Alternative Loan Trust 2007-6)

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set set-off, net, net recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in Section 6(e) of the Master Agreement shall not apply for purposes of this Transaction. (i) Section 1(c)

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-Cw1), Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-Cw1)

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set set-off, net, net recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in Section 6(e) of the Agreement shall not apply for purposes of this Transaction.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Ace Securities Corp. Home Equity Loan Trust, Series 2006-Nc1), Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-He1)

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in Section 6(e) of the ISDA Master Form Agreement shall not apply for purposes of this Transaction.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Indymac Residential Mortgage-Backed Trust, Series 2006-L1)

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in Section 6(e) of the Agreement shall not apply for purposes of this Transactionthe Transaction referenced in the Confirmation.

Appears in 1 contract

Samples: Isda Master Agreement (Peoples Choice Home Loan Securities Trust Series 2005-4)

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, but subject to Section 2(c) and Section 6 of the Agreement and Part 6(3) of this Schedule, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in Section 6(e) of the Agreement shall not apply for purposes of this Transaction.

Appears in 1 contract

Samples: 1992 Isda Master Agreement (Multicurrency – Cross Border)

AutoNDA by SimpleDocs

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives waives, to the extent possible under applicable law, any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in last sentence of the first paragraph of Section 6(e) of the ISDA Form Master Agreement shall not apply for purposes of this Transaction.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Home Equity Mortgage Pass-Through Certificates, Series 2004-FFB)

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, Party A and Party B each party hereby irrevocably waives any and all rights it may have to set set-off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in Section 6(e) of the Agreement shall not apply for purposes of this Transaction.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Nationstar Home Equity Loan Trust 2006-B)

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, . each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off Off set forth in Section 6(e6(c) of the Agreement shall not apply for purposes of this Transaction.

Appears in 1 contract

Samples: Assignment Agreement (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2006-D)

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in Section 6(e) of the Agreement shall not apply for purposes of this Transaction.,

Appears in 1 contract

Samples: Pooling and Servicing Agreement (OwnIt Mortgage Loan Trust Series 2006-6)

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in Section 6(e) of the Agreement shall not apply for purposes of this Transaction.other

Appears in 1 contract

Samples: Mortgage Derivatives Confirmation and Agreement (Alternative Loan Trust 2006-Oc4)

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in Section 6(e) of the Form Master Agreement shall not apply for purposes of this Transaction.

Appears in 1 contract

Samples: Indenture (Renaissance Home Equity Loan Trust 2006-1, Home Equity Loan Asset-Backed Notes, Series 2006-1)

Set-Off. Notwithstanding any provision Section 6(f) of this Agreement or any other existing or future agreementthe Agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup set-off delivery or otherwise withhold or suspend or condition payment or performance of any obligation between obligations it and the other party hereunder against any obligation between it and owes to the other party under any Transaction against any delivery or payment obligations owed to it by the other agreements. The provisions for Set-off set forth in Section 6(e) party, whether arising under the Agreement, under any other agreement between parties hereto, by operation of the Agreement shall not apply for purposes of this Transactionlaw or otherwise.

Appears in 1 contract

Samples: Equity Distribution Agreement (CareTrust REIT, Inc.)

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup recoup, or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth forth(,) in Section 6(e) of the ISDA Form Master Agreement shall not apply for purposes of this Transaction.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2005-42cb)

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in Section 6(e) of the ISDA Form Master Agreement shall not apply for purposes of this Transaction.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Home Equity Mortgage Loan Asset-Backed Trust, Series INABS 2006-A)

Set-Off. Notwithstanding any provision of this Agreement or any other existing or future agreement, but subject to Section 2(c), Section 6 and Part 6(3)(viii) of this Schedule, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in Section 6(e) of the Agreement shall not apply for purposes of to this TransactionAgreement.

Appears in 1 contract

Samples: Master Agreement (C-Bass 2007-Cb5 Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!