Deduction from amounts payable by the Agent. If any Party owes an amount to the Agent under the Finance Documents the Agent may, after giving notice to that Party, deduct an amount not exceeding that amount from any payment to that Party which the Agent would otherwise be obliged to make under the Finance Documents and apply the amount deducted in or towards satisfaction of the amount owed. For the purposes of the Finance Documents that Party shall be regarded as having received any amount so deducted.
Deduction from amounts payable by the Agent. If any Party owes an amount to the Agent under the Finance Documents or the Italian Support Documents the Agent may, after giving notice to that Party, deduct an amount not exceeding that amount from any payment to that Party which the Agent would otherwise be obliged to make under the Finance Documents or the Italian Support Documents and apply the amount deducted in or towards satisfaction of the amount owed. For the purposes of the Finance Documents or the Italian Support Documents that Party shall be regarded as having received any amount so deducted. 158
