Common use of Waiver of Set Off Clause in Contracts

Waiver of Set Off. Lender hereby waives all rights of set-off Lender has under New Mexico law or the Loan Documents against any and all deposits held by Lender in the name of Borrower. Lender does not waive any other rights or remedies of Lender under New Mexico law or the Loan Documents.

Appears in 5 contracts

Samples: Development Loan Agreement (Amrep Corp.), Loan Agreement (Amrep Corp.), Development Loan Agreement (Amrep Corp.)

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Waiver of Set Off. Lender hereby waives all rights of set-off Lender has under New Mexico law or the Loan Documents against any and all deposits held by Lender in the name of BorrowerGuarantor. Lender does not waive any other rights or remedies of Lender under New Mexico law or the Loan Documents.

Appears in 4 contracts

Samples: Guaranty Agreement (Amrep Corp.), Guaranty Agreement (Amrep Corp.), Guaranty Agreement (Amrep Corp.)

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