Common use of Setoff, Etc Clause in Contracts

Setoff, Etc. The Collateral and the rights of Mezzanine Lender with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses.

Setoff, Etc. The Collateral and the rights of Mezzanine Lender with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses, other than Mortgage Lender’s right to restrict distributions from Mortgage Borrower to Mezzanine Borrower under the terms and conditions set forth in the Loan Agreement (Mortgage).