Common use of Waiver of Contractual Right of Setoff Clause in Contracts

Waiver of Contractual Right of Setoff. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all contractual rights it may have to set off, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between the two parties hereunder against any obligations between the two parties under any other agreements.

Appears in 2 contracts

Samples: Master Agreement (Cef Equipment Holding LLC), Master Agreement (Cef Equipment Holding Ge Commerical Equip Fin Series 2004-1)

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Waiver of Contractual Right of Setoff. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all contractual rights it may have to set off, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between the two parties hereunder against any obligations between the two parties under any other agreementsagreements or otherwise. The words "and will be subject to Section 6(f)" in the third line of the first paragraph of Section 6(e) of this Agreement are deleted.

Appears in 2 contracts

Samples: Master Agreement (Cef Equipment Holding LLC), Master Agreement (GE Equipment Midticket LLC, Series 2006-1)

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Waiver of Contractual Right of Setoff. Notwithstanding any provision of this Agreement as incorporated in any Confirmation or any other existing or future agreement, each party irrevocably waives any and all contractual rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between the two parties hereunder against any obligations between the two parties under any other agreementsagreements or otherwise.

Appears in 1 contract

Samples: Master Agreement (Continental Airlines Inc /De/)

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