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Common use of Payment Netting Clause in Contracts

Payment Netting. Each Party may set off unpaid amounts against payments otherwise payable to the other Party hereunder.

Appears in 23 contracts

Sources: Standard Service Agreement, Standard Service Agreement, Standard Service Agreement

Related Clauses

  • Netting
  • Netting of Payments
  • Payment Frequency
  • Payment Amounts
  • Net Out of Settlement Amounts

Parent Clauses

  • Term
  • Foreign Exchange Transactions
  • Netting Agreement
  • General
  • Representation or Warranty

Sub-Clauses

  • Provider’s Credit Support
  • Information to be Provided
  • Exercise of Remedies by the Provider
  • Calculation of Termination Payment
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