Refund or Offset Sample Clauses

Refund or Offset. The Initial Wage Deposit and the Additional Wage Deposit (collectively, the "Wage Deposits") shall be retained by North American while this Agreement remains in effect and shall be refunded to Client within sixty (60) days after termination or expiration of this Agreement, unless this Agreement is terminated by North American as a result of the default or breach by Client of any provision under this Agreement, in which case the Wage Deposits shall be applied to offset outstanding amounts owed by Client, if any. Any such offset applied by North American shall not to be construed as an election of remedies or as a waiver of Client's other payment obligations, if any, outstanding under this Agreement.