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Common use of Payment Offset Clause in Contracts

Payment Offset. Inmarsat shall have the right to offset monies due to the Contractor under this Contract against sums due to Inmarsat under this Contract.

Appears in 3 contracts

Sources: Contract for the Purchase of Spacecraft (Inmarsat Finance II PLC), Contract for the Purchase of Inmarsat 4 Spacecraft (Inmarsat Launch CO LTD), Contract for the Purchase of Spacecraft (Inmarsat Launch CO LTD)

Related Clauses

  • Payment of Amounts
  • Non-Payment
  • Termination Payment
  • Termination Payments
  • ▇▇▇▇▇▇▇▇▇ Payment

Parent Clauses

  • Two Year Limit to Assert Claim
  • Consumer Education
  • Payment for Medicaid Covered Medicare Cost-Sharing
  • Indemnification
  • Return of Withheld Funds for SNBC

Sub-Clauses

  • LICENSES
  • INCIDENTS
  • CONDITIONS PRECEDENT TO THE SELLER'S OBLIGATION TO CLOSE
  • CONDITIONS PRECEDENT TO PURCHASER'S OBLIGATION TO CLOSE
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