Offset. Whenever the Partnership is to pay any sum to any Partner, any amounts that Partner owes the Partnership may be deducted from that sum before payment.
Appears in 28 contracts
Samples: General Partnership Agreement (El Paso Pipeline Partners, L.P.), Agreement (Goodman Distribution, Inc.), Agreement (WUS Holding, L.L.C.)
Offset. Whenever the Partnership is to pay any sum to any Partner, any amounts that such Partner owes the Partnership may be deducted from that sum before payment.
Appears in 7 contracts
Samples: Limited Partnership Agreement (Calpine Corp), Limited Partnership Agreement (Calpine Corp), Limited Partnership Agreement (Calpine Corp)
Offset. Whenever the Partnership is to pay any sum to any Partner, any amounts that Partner such Partner, in its capacity as a Partner, owes the Partnership may be deducted from that sum before payment.
Appears in 5 contracts
Samples: Addendum Agreement (Travelport LTD), Fourth Amended and Restated Agreement (Travelport LTD), Addendum Agreement (Freescale Semiconductor Holdings I, Ltd.)
Offset. Whenever the Partnership is to pay any sum to any Partner, any amounts that such Partner owes to the Partnership may be deducted from that sum before payment.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Seneca Global Fund, L.P.), Limited Partnership Agreement (Abrams David L), Limited Partnership Agreement (Aspect Global Diversified Fund LP)
Offset. Whenever the Partnership is to pay any sum to any Partner or former Partner, any amounts that a Partner or former Partner owes the Partnership may be deducted from that sum before payment.
Appears in 2 contracts
Samples: General Partnership Agreement (Regency Energy Partners LP), General Partnership Agreement (Regency Energy Partners LP)
Offset. Whenever the Partnership is to pay any sum to any Partner, any amounts that such Partner owes the Partnership may be deducted from that sum before payment.
Appears in 2 contracts
Samples: Ruth's Chris Steak House Texas, L.P., Ruth's Chris Steak House Texas, L.P.
Offset. Whenever the Partnership is to pay any sum to any Partner in such Person’s capacity as a Partner, any amounts that such Partner owes the Partnership in such Person’s capacity as a Partner may be deducted from that sum before payment.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Athlon Energy Inc.), Limited Partnership Agreement (Athlon Energy Inc.)
Offset. Whenever the Partnership is to pay or distribute any sum to any Partner, any amounts that Partner such Partner, in its capacity as a Partner, owes the Partnership Partnership, whether pursuant to this Agreement or another Transaction Document, may be deducted from that sum before paymentpayment or distribution.
Appears in 2 contracts
Samples: GPM Contribution Agreement (GPM Petroleum LP), GPM Contribution Agreement (ARKO Corp.)
Offset. Whenever the Partnership is to pay any sum to any PartnerPartner (including pursuant to Section 16.11), any amounts that Partner such Partner, in its capacity as a Partner, owes the Partnership may be deducted from that sum before payment.
Appears in 1 contract
Offset. Whenever the Partnership is to pay any sum to any Partner, ------ any amounts that Partner owes the Partnership may be deducted from that sum before payment.
Appears in 1 contract
