Common use of Closeout Setoffs Clause in Contracts

Closeout Setoffs. The Non-Defaulting Party shall be entitled, at its option and in its discretion, to set off, against any amounts due and owing from the Defaulting Party under this Agreement, any amounts due and owing to the Defaulting Party under this Agreement.

Appears in 4 contracts

Samples: Energy Management Services Contract, Credit Purchase Agreement, Escrow Agreement

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Closeout Setoffs. The Nonnon-Defaulting Party shall be entitled, at its option and in its discretion, to set off, against any amounts due and owing from the Defaulting Party under this Agreement, any amounts due and owing to the Defaulting Party under this Agreement.

Appears in 2 contracts

Samples: Solar Power Purchase Agreement, Solar Power Purchase Agreement

Closeout Setoffs. The Non-Defaulting Party shall will be entitled, at its option option, and in its discretion, to set off, off against any amounts due and owing from the Defaulting Party under this Agreement, any amounts due and owing to the Defaulting Party any amounts due and owing by the Defaulting Party to the Non-Defaulting Party under this AgreementPPA.

Appears in 1 contract

Samples: Power Purchase Agreement

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Closeout Setoffs. The Non-Defaulting Party shall will be entitled, at its option option, and in its discretion, to set off, off against any amounts due and owing from the Defaulting Party under this Agreement, any amounts due and owing to the Defaulting Party any amounts due and owing by the Defaulting Party to the Non- Defaulting Party under this AgreementPPA.

Appears in 1 contract

Samples: Power Purchase Agreement

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