Common use of Waiver of Setoff Clause in Contracts

Waiver of Setoff. Each of the Administrative Agent, the Transferor, the Collection Agent, and the Originator hereby waives any right of setoff it may have or to which it may be entitled under this Agreement from time to time against any CP Issuer or its assets.

Appears in 3 contracts

Samples: Receivables Transfer Agreement (Nalco Holding CO), Receivables Transfer Agreement (Nalco Finance Holdings LLC), Receivables Transfer Agreement (Nalco Global Holdings LLC)

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Waiver of Setoff. Each of the Administrative Agent, the Transferor, the Collection Agent, the Transferor and the Originator each Seller hereby waives any right of setoff it may have or to which it may be entitled under this Agreement from time to time against any CP Issuer Conduit Purchaser or its assets.

Appears in 2 contracts

Samples: Receivables Transfer Agreement (Tyson Foods Inc), Receivables Transfer Agreement (Trimas Corp)

Waiver of Setoff. Each of the Administrative Agent, the Transferor, Transferor and the Collection Agent, and the Originator Agent hereby waives any right of setoff it may have or to which it may be entitled under this Agreement from time to time against any CP Issuer Conduit Purchaser or its assets.

Appears in 2 contracts

Samples: Receivables Transfer Agreement (Collins & Aikman Corp), Receivables Transfer Agreement (Mascotech Inc)

Waiver of Setoff. Each of the Administrative Agent, Funding Agents, the Transferor, the Guarantor, the Collection Agent, and the Originator each Seller hereby waives any right of setoff it may have or to which it may be entitled under this Agreement from time to time against any CP Issuer the Initial Purchasers or its their assets.

Appears in 1 contract

Samples: Receivables Transfer Agreement (Collins & Aikman Corp)

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Waiver of Setoff. Each of the Administrative Agent, the TransferorFunding Agents, the Collection Agent, Transferor and the Originator Collection Agent hereby waives any right of setoff it may have or to which it may be entitled under this Agreement from time to time against any CP Issuer Conduit Purchaser or its assets.

Appears in 1 contract

Samples: Receivables Transfer Agreement (Collins & Aikman Corp)

Waiver of Setoff. Each of the Administrative Agent, the TransferorBorrower, the Collection Agent, Agent and the Originator Contributor hereby waives any right of setoff it may have or to which it may be entitled under this Agreement from time to time against any each CP Issuer Conduit Lender or its respective assets.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Memec Inc)

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