No set-off by the Borrower Sample Clauses

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Documents shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Documents shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim unless the counterclaim is undisputed or has been confirmed in a final non-appealable judgement.

No set-off by the Borrower. The amounts payable by the Borrower hereunder shall not be subject to any deduction, withholding, set-off or counterclaim by the Borrower or a Guarantor for any reason whatsoever.

No set-off by the Borrower. (a) All payments to be made by the Borrower under the Finance Documents shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim unless: (i) the counterclaim is undisputed or has been confirmed in a final non-appealable judgement; or (ii) it is a set-off by the Borrower of any satisfiable (erfüllbar) obligation (within the meaning of section 387 of the German Civil Code (Bürgerliches Gesetzbuch)) owed by it under the Finance Documents to any Lender against any obligation owed and expressed to be due and payable by that Lender to the Borrower if: (1) at the time the set-off is expressed to take effect, that Lender is a Defaulting Lender (regardless of the place of payment, booking branch of the relevant Lender or currency of either obligation, provided that if the obligations are in different currencies, the Borrower may convert either obligation at a market rate of exchange in its usual course of business for the purpose of the set-off); and (2) the Borrower has delivered to the Agent a statement signed by two directors or other authorised signatories of the Borrower certifying the validity (Wirksamkeit) of the relevant obligation owed by that Lender to the Borrower and that such obligation has become due and payable (fällig) to the Borrower but remains unpaid. (b) The Agent may rely on any statement delivered pursuant to paragraph (a)(ii)(2) above in accordance with paragraph (a)(ii) of Clause 23.6 (Rights and discretions of the Agent).

No set-off by the Borrower. All payments to be made by the Borrower under this Second Amended and Restated Agreement shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

No set-off by the Borrower. All payments to be made by the Borrower under this Agreement and any other Finance Documents to which the Lender is a party shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim.

No set-off by the Borrower. All payments to be made by the Borrower under the Finance Documents shall be made without set-off or counter claim. For the avoidance of doubt this provision shall not limit the Borrower’s right to enforce any claims, which the Borrower may have against the Finance Parties, provided that such claims are not set-off or otherwise enforced against the payments by the Borrower under the Finance Documents.

No set-off by the Borrower. All payments to be made by the Borrower under this Agreement shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim, save for in respect of the satisfaction of the Subscription Amount by way of set off under Clause 7.3.

No set-off by the Borrower. (a) All payments to be made by the Borrower under the Finance Documents shall be calculated and be made without (and free and clear of any deduction for) set-off or counterclaim. (b) Payments received by the Facility Agent from any EKN Documents proceeds shall be calculated and made without (and free and clear of any deduction for) set-off or counterclaim.

No set-off by the Borrower. All payments by the Borrower, or by any other person on behalf of the Borrower, under the Finance Documents shall be made to the Lender, at par without deduction of any charge or costs thereof (including set-off or counterclaim), to the accounts or bank as the Lender may notify to the Borrower at least two (2) Business Days in advance for this purpose.