Common use of Exclusion of Set Off Clause in Contracts

Exclusion of Set Off. The Manager agrees that it shall not be entitled to any right of set off against the Owner in respect of any monies received by it on behalf of the Owner except as specifically authorised by this Agreement or otherwise in writing by the Owner.

Appears in 3 contracts

Samples: Management Agreement (Ocean Rig UDW Inc.), Management Agreement (Ocean Rig UDW Inc.), Management Agreement (Ocean Rig UDW Inc.)

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Exclusion of Set Off. The Manager agrees that it It shall not be entitled to any right of set off against the Owner in respect of any monies received by it on behalf of the Owner except as specifically authorised by this Agreement or otherwise in writing by the Owner.

Appears in 2 contracts

Samples: Management Agreement (Ocean Rig UDW Inc.), Management Agreement (Ocean Rig UDW Inc.)

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Exclusion of Set Off. The Manager agrees that it shall shalt not be entitled to any right of set off against the Owner in respect of any monies received by it on behalf of the Owner except as specifically authorised by this Agreement or otherwise in writing by the Owner.

Appears in 1 contract

Samples: Management Agreement (Ocean Rig UDW Inc.)

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