Offset Agreement Sample Clauses

Offset Agreement. Telmex and the Operator receive invoices corresponding to use and, the disbalance calculations are done with the billed minutes according to the agreed formula, with the result thereof, the corresponding threshold is determined to find if payment of any of the parties applies, in case of payment, which applies when the threshold exceeds 70%, the 7th clause of the offset agreement referring to long duration calls applies or the total amount of the billed amount is offset. The disputes that may arise shall stay out of the calculation as established in the general agreement. Furthermore, the parties shall proceed with the methodology established in section 3 above for the clarification of non recognized use (in case they exist) and from the outcome, determination of incorporation of such charges or not to the disbalance calculation is done. ANNEX 1 ------------------------------------------------ ------------- ------------------------------------------------------------------- NAME TYPE FORMAT LENGTH DESCRIPTION ------------------------------------------------ ------------- ------------------------------------------------------------------- HEADER REGISTRY ------------------------------------------------ ------------- ------------------------------------------------------------------- Reg. Identifier N 9 1 Beginning archive identifier. Value must be zero. ------------------------------------------------ ------------- ------------------------------------------------------------------- Batch Number N 9999 4 Batch number (consecutive) ------------------------------------------------ ------------- ------------------------------------------------------------------- Originating Operator N 999 3 Billing Operator's code. CIC ------------------------------------------------ ------------- ------------------------------------------------------------------- Receiving Operator N 999 3 Billed Operator's code. CIC ------------------------------------------------ ------------- ------------------------------------------------------------------- Billing date N Aaaammdd 8 Issuance date of invoice ------------------------------------------------ ------------- ------------------------------------------------------------------- Process date N Aaaammdd 8 Archive's process date ------------------------------------------------ ------------- ------------------------------------------------------------------- Interval date N Aaaammdd 8 Billing interval's date --------------------------...

Offset Agreement. The New Credit Party hereby agrees to perform, for the benefit of Lender, all of the obligations of a Restricted Credit Party (as defined therein) under the Offset Agreement, as direct and primary obligations of the New Credit Party, and further agrees that it shall comply with and be fully bound by the terms of the Offset Agreement as if it had been a signatory thereto as a Credit Party as of the date thereof.

Offset Agreement. Seller, Buyer and Gols▇▇▇ ▇▇▇ll have executed the Offset Agreement (herein so called) substantially in the form attached hereto.

Offset Agreement