Common use of Collectability Clause in Contracts

Collectability. All debts owing to, or amounts due to MPL, are collectable within three (3) months for their full amounts and are not subject to any counter-claim or set off except to the extent described or provided in the 2005 Accounts.

Appears in 2 contracts

Sources: Share Purchase Agreement (Molecular Pharmacology (USA) LTD), Share Purchase Agreement (Molecular Pharmacology (USA) LTD)