Common use of Waiver of Setoff Clause in Contracts

Waiver of Setoff. Notwithstanding any other provision of this Supplement or any other agreement to the contrary, all payments to the Administrative Agent, the Non-Conduit Purchasers, the Funding Agents, the CP Conduit Purchasers and the APA Banks hereunder shall be made without set-off or counterclaim.

Appears in 10 contracts

Samples: Sixth Amended and Restated Series 2010 6 Supplement (Avis Budget Group, Inc.), Fourth Amended and Restated Series 2015 3 Supplement (Avis Budget Group, Inc.), Series Supplement (Avis Budget Group, Inc.)

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Waiver of Setoff. Notwithstanding any other provision of this Supplement or any other agreement to the contrary, all payments to the Administrative Agent, the Non-Conduit Purchasers, the Funding Agents, the CP Conduit Purchasers Agent and the APA Banks Purchasers hereunder shall be made without set-off or counterclaim.

Appears in 2 contracts

Samples: Second Amended and Restated Series 2004 1 Supplement (Cendant Corp), Amended and Restated Series 2004 1 Supplement (Cendant Corp)

Waiver of Setoff. Notwithstanding any other provision of this Supplement or any other agreement to the contrary, all payments to the Administrative Agent, the Americas 90884077 (2K) 109 Non-Conduit Purchasers, the Funding Agents, the CP Conduit Purchasers and the APA Banks hereunder shall be made without set-off or counterclaim.

Appears in 1 contract

Samples: Series Supplement (Avis Budget Group, Inc.)

Waiver of Setoff. Notwithstanding any other provision of this Series Supplement or any other agreement to the contrary, all payments to the Administrative Agent, the Non-Conduit Purchasers, the Funding Agents, the CP Conduit Purchasers and the APA Banks hereunder shall be made without set-off or counterclaim.

Appears in 1 contract

Samples: Series Supplement (Avis Budget Group, Inc.)

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Waiver of Setoff. Notwithstanding any other provision of this Supplement or any other agreement to the contrary, all payments to the Administrative Agent, the Non-Conduit Purchasers, the Funding Agents, the CP Conduit Purchasers and Purchasers, the APA Banks hereunder and to the Surety Provider as the subrogee of the Noteholders shall be made without set-off or counterclaim.

Appears in 1 contract

Samples: Series 2006 2 Supplement (Cendant Corp)

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