Common use of Setoffs Clause in Contracts

Setoffs. Each Party shall be entitled at all times to set-off any amount owing from the other Party to such Party against any amount payable to the other Party from such Party, arising out of this or any other transaction. For purposes hereof, (i) the term "Party" shall include the Parties to this transaction and each Party's majority-owned subsidiaries.

Appears in 3 contracts

Samples: Manufacturing Services Agreement (Isilon Systems, Inc.), Manufacturing Services Agreement (Isilon Systems, Inc.), Manufacturing Services Agreement (Isilon Systems, Inc.)

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Setoffs. Each Party shall be entitled at all times to set-off any amount owing from the other Party to such Party against any amount payable to the other Party from such Party, arising out of this or any other transaction. For purposes hereof, (i) the term "Party" shall include the Parties to this transaction and each Party's majority; provided that such set-owned subsidiaries.off is clearly itemized when CONFIDENTIAL TREATMENT REQUESTED WITH RESPECT TO CERTAIN PORTIONS HEREOF DENOTED WITH β€œ***”

Appears in 1 contract

Samples: Manufacturing Services Agreement (Power Efficiency Corp)

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Setoffs. Each Party shall be entitled at all times to set-off any amount owing from the other Party to such Party against any amount payable to the other Party from such Party, arising out of this or any other transaction. For purposes hereof, (i) the term "Party" shall include the Parties to this transaction and each Party's majority-owned subsidiaries.Affiliates and (ii) a Party's "

Appears in 1 contract

Samples: Manufacturing Services Agreement (DarkPulse, Inc.)

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