Common use of Unconditional Obligation; No Offset Clause in Contracts

Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation of Borrower not subject to offset, deduction or counterclaim of any kind. Borrower hereby waives any rights of offset it now has or may have hereafter against Lxxxxx, its successors and assigns, and agrees to make the payments or Conversions called for herein in accordance with the terms of this Note.

Appears in 33 contracts

Samples: Securities Purchase Agreement (Humbl, Inc.), Convertible Promissory Note (Meiwu Technology Co LTD), Convertible Promissory Note (Humbl, Inc.)

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Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation of Borrower not subject to offset, deduction or counterclaim of any kind. Borrower hereby waives any rights of offset it now has or may have hereafter against LxxxxxLender, its successors and assigns, and agrees to make the payments or Conversions called for herein in accordance with the terms of this Note.

Appears in 16 contracts

Samples: Exchange Agreement (CytoDyn Inc.), Securities Purchase Agreement (Orbital Energy Group, Inc.), Securities Purchase Agreement (SPI Energy Co., Ltd.)

Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation of Borrower not subject to offset, deduction or counterclaim of any kind. Borrower hereby waives any rights of offset it now has or may have hereafter against LxxxxxLender, its successors and assigns, and agrees to make the payments or Conversions called for herein in accordance with the terms of this Note.

Appears in 15 contracts

Samples: Note Purchase Agreement (Humbl, Inc.), Note Purchase Agreement (Orbital Energy Group, Inc.), Note Purchase Agreement (SinglePoint Inc.)

Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation of Borrower not subject to offset, deduction or counterclaim of any kind. Borrower hereby waives any rights of offset it now has or may have hereafter against LxxxxxXxxxxx, its successors and assigns, and agrees to make the payments or Conversions called for herein in accordance with the terms of this Note.

Appears in 10 contracts

Samples: Securities Purchase Agreement (Insight Acquisition Corp. /DE), Convertible Promissory Note (Kaixin Auto Holdings), Securities Purchase Agreement (MMTec, Inc.)

Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation of Borrower not subject to offsetoffset (except as set forth in Section 20 below), deduction or counterclaim of any kind. Borrower hereby waives any rights of offset it now has or may have hereafter against LxxxxxLender, its successors and assigns, and agrees to make the payments or Conversions called for herein in accordance with the terms of this Note.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Drone Guarder, Inc.), Securities Purchase Agreement (Reac Group, Inc.), Securities Purchase Agreement (Panther Biotechnology, Inc.)

Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation of Borrower not subject to offset, deduction or counterclaim of any kind. Borrower hereby waives any rights of offset it now has or may have hereafter against Lxxxxx, its successors and assigns, and agrees to make the all payments or Conversions called for herein due hereunder in accordance with the terms of this Note.

Appears in 4 contracts

Samples: Note Purchase Agreement (Cemtrex Inc), Securities Purchase Agreement (Cemtrex Inc), Line of Credit Agreement (Humbl, Inc.)

Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation (except as may be limited by applicable bankruptcy, insolvency and similar laws affecting creditors’ rights and by general principles of equity) of Borrower not subject to offset, deduction or counterclaim of any kind. Borrower hereby waives any rights of offset it now has or may have hereafter against LxxxxxLender, its successors and assigns, and agrees to make the payments or Conversions called for herein in accordance with the terms of this Note.

Appears in 3 contracts

Samples: Note (Jaguar Health, Inc.), Note (Jaguar Health, Inc.), Note (Jaguar Health, Inc.)

Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation of Borrower not subject to offset, deduction or counterclaim of any kind. Borrower hereby waives any rights of offset it now has or may have hereafter against LxxxxxXxxxxx, its successors and assigns, and agrees to make the all payments or Conversions called for herein due hereunder in accordance with the terms of this Note.

Appears in 2 contracts

Samples: Secured Promissory Note (Grafiti Holding Inc.), Secured Promissory Note (Grafiti Holding Inc.)

Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation of Borrower not subject to offset, deduction or counterclaim of any kind. Borrower hereby waives any rights of offset it now has or may have hereafter against LxxxxxXxxxxx, its successors and assigns, and agrees to make the payments or Conversions called for herein in accordance with the terms of this Note.

Appears in 2 contracts

Samples: Note Purchase Agreement (Intrusion Inc), Note Purchase Agreement (Intrusion Inc)

Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation of Borrower not subject to offset, deduction or counterclaim of any kind. Borrower hereby waives any rights of offset it now has or may have hereafter against LxxxxxLender, its successors and assigns, and agrees to make the all payments or Conversions called for herein due hereunder in accordance with the terms of this Note.

Appears in 1 contract

Samples: Convertible Promissory Note (Vapor Hub International Inc.)

Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation of Borrower not subject to offset, deduction or counterclaim of any kind. Borrower hereby waives any rights of offset it now has or may have hereafter against LxxxxxLender, its successors and assigns, and agrees to make the all payments or Conversions called for herein due hereunder in accordance with the terms of this ofthis Note.

Appears in 1 contract

Samples: Note Purchase Agreement (Northwest Biotherapeutics Inc)

Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation (except as may be limited by applicable bankruptcy, insolvency and similar laws affecting creditors’ rights and by general principles of equity) of Borrower not subject to offset, deduction or counterclaim of any kind. Borrower hereby waives any rights of offset it now has or may have hereafter against LxxxxxLender, its successors and assigns, and agrees to make the payments or Conversions called for herein in accordance with the terms of this Note.

Appears in 1 contract

Samples: Note (Jaguar Animal Health, Inc.)

Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation of Borrower not subject to offset, deduction or counterclaim of any kind. Borrower hereby waives any rights of offset it now has or may have hereafter against LxxxxxLender, its successors and assigns, and agrees to make the payments or Redemption Conversions called for herein in accordance with the terms of this Note.

Appears in 1 contract

Samples: Securities Purchase Agreement (Biodesix Inc)

Unconditional Obligation; No Offset. The Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation of the Borrower not subject to offset, deduction or counterclaim of any kind. The Borrower hereby waives any rights of offset it now has or may have hereafter against Lxxxxxthe Lender, its successors and assigns, and agrees to make the payments of principal or Conversions Interest called for herein in accordance with the terms of this Note.

Appears in 1 contract

Samples: Loan and Security Agreement (Excel Corp)

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Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation of Borrower not subject to offsetoffset (except as set forth in Section 18 below), deduction or counterclaim of any kind. Borrower hereby waives any rights of offset it now has or may have hereafter against LxxxxxXxxxxx, its successors and assigns, and agrees to make the payments or Conversions conversions called for herein in accordance with the terms of this Note.

Appears in 1 contract

Samples: Unsecured Convertible Promissory Note (Vape Holdings, Inc.)

Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation of Borrower not subject to offset, deduction or counterclaim of any kind. Borrower hereby waives any rights of offset it now has or may have hereafter against LxxxxxXxxxxx, its successors and assigns, and agrees to make the payments or Conversions conversions called for herein in accordance with the terms of this Note.

Appears in 1 contract

Samples: Unsecured Convertible Promissory Note (Vape Holdings, Inc.)

Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation of Borrower not subject to offset, deduction or counterclaim of any kindkind (except as set forth in Section 23 below). Borrower hereby waives any rights of offset it now has or may have hereafter against Lxxxxx, its successors and assigns, and agrees to make the payments or Conversions called for herein in accordance with the terms of this Note.

Appears in 1 contract

Samples: Convertible Promissory Note (NAKED BRAND GROUP LTD)

Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation of Borrower not subject to offset, deduction or counterclaim of any kind. Borrower hereby waives any rights of offset it now has or may have hereafter against LxxxxxLender, its successors and assigns, and agrees to make the payments or Conversions called for herein in accordance with the terms of this Note. Notwithstanding the foregoing, any sale of Purchase Shares as per Section 8 of the Purchase Agreement shall be offset against the outstanding balance of the Note.

Appears in 1 contract

Samples: Securities Purchase Agreement (The9 LTD)

Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation of Borrower not subject to offsetoffset (except as set forth in Section 16 below), deduction or counterclaim of any kind. Borrower hereby waives any rights of offset it now has or may have hereafter against LxxxxxLender, its successors and assigns, and agrees to make the payments or Conversions called for herein in accordance with the terms of this Note.

Appears in 1 contract

Samples: Securities Purchase Agreement (SinglePoint Inc.)

Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation of Borrower not subject to offsetoffset (except as set forth in Section 20 below), deduction or counterclaim of any kind. Borrower hereby waives any rights of offset it now has or may have hereafter against LxxxxxXxxxxx, its successors and assigns, and agrees to make the payments or Conversions conversions called for herein in accordance with the terms of this Note.

Appears in 1 contract

Samples: Secured Convertible Promissory Note (Las Vegas Railway Express, Inc.)

Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation of Borrower not subject to offset, deduction or counterclaim of any kind. Borrower hereby waives any rights of offset it now has or may have hereafter against LxxxxxHolder, its successors and assigns, and agrees to make the payments or Conversions called for herein in accordance with the terms of this Note.

Appears in 1 contract

Samples: Securities Purchase Agreement (Bat Group, Inc.)

Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation of Borrower not subject to offset, deduction or counterclaim of any kindkind (except as set forth in Section 16 below). Borrower hereby waives any rights of offset it now has or may have hereafter against LxxxxxLender, its successors and assigns, and agrees to make the payments or Conversions called for herein in accordance with the terms of this Note.

Appears in 1 contract

Samples: Note Purchase Agreement (Nemaura Medical Inc.)

Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable obligation of Borrower not subject to offset, deduction or counterclaim of any kind. Borrower hereby waives any rights of offset it now has or may have hereafter against LxxxxxXxxxxx, its successors and assigns, and agrees to make the payments or Conversions Holder Conversion called for herein in accordance with the terms of this Note.

Appears in 1 contract

Samples: Unsecured Convertible Promissory Note (Powerbridge Technologies Co., Ltd.)

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