Payment Offset. Any payments made by Buyer and/or GCSC to Qualcomm, pre-paid or otherwise, may be used by Qualcomm to offset any outstanding amounts owed by Buyer and/or GCSC to Qualcomm, under this Agreement or any other agreement. Notwithstanding Qualcomm’s right to offset in this section, Buyer and/or GCSC must continue to make all payments in a timely manner as required under this agreement. ”
Appears in 2 contracts
Sources: Qualcomm Globalstar Satellite Products Supply Agreement (Globalstar, Inc.), Qualcomm Globalstar Satellite Products Supply Agreement (Globalstar, Inc.)
Payment Offset. Any payments made by Buyer and/or GCSC to Qualcomm, pre-paid or otherwise, may be used by Qualcomm to offset any outstanding amounts owed by Buyer and/or GCSC to Qualcomm, under this Agreement or any other agreement. Notwithstanding Qualcomm’s right to offset in this section, Buyer and/or GCSC must continue to make all payments in a timely manner as required under this agreement. ”“
Appears in 1 contract
Sources: Qualcomm Globalstar Satellite Products Supply Agreement (Globalstar, Inc.)