Common use of Right of Offset Clause in Contracts

Right of Offset. You hereby agree that the Company shall have the right to offset against its obligation to deliver shares of Class A Common Stock, cash or other property under this Agreement to the extent that it does not constitute “non-qualified deferred compensation” pursuant to Section 409A, any outstanding amounts of whatever nature that you then owe to the Company or any of its Subsidiaries.

Appears in 50 contracts

Samples: Restricted Stock Units Agreement (Madison Square Garden Co), Restricted Stock Units Agreement (Madison Square Garden Co), Restricted Stock Units Agreement (Sphere Entertainment Co.)

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Right of Offset. You hereby agree that the Company shall have the right to offset against its obligation to deliver shares of Class A Common Stock, cash or other property under this Agreement to the extent that it does not constitute “non-qualified deferred compensation” pursuant to Section 409A, any outstanding amounts of whatever nature that you then owe to the Company or any of its Subsidiariesa Subsidiary.

Appears in 18 contracts

Samples: Nonqualified Stock Option Agreement (Liberty Media Corp), Nonqualified Stock Option Agreement (Liberty TripAdvisor Holdings, Inc.), Performance Based Restricted Stock Units Agreement (Liberty Media Corp)

Right of Offset. You hereby agree that the Company shall have the right to offset against its obligation to deliver shares of Class A Common Stock, cash or other property under this Agreement to the extent that it does not constitute “non-qualified deferred compensation” pursuant to Section 409A, any outstanding amounts of whatever nature that you then owe to the Company or any a subsidiary of its Subsidiariesthe Company.

Appears in 14 contracts

Samples: Option Agreement (Madison Square Garden, Inc.), Option Agreement (Madison Square Garden, Inc.), Form Option Agreement (AMC Networks Inc.)

Right of Offset. You hereby agree that the Company shall have the right to offset against its obligation to deliver shares of Class A Common Stock, cash or other property under this Agreement to the extent that it does not constitute “non-qualified deferred compensation” pursuant to Section 409A, any outstanding amounts of whatever nature that you then owe to the Company or any of its SubsidiariesAffiliates.

Appears in 13 contracts

Samples: Restricted Shares Agreement (CSC Holdings Inc), Option Agreement (CSC Holdings Inc), Option Agreement (CSC Holdings Inc)

Right of Offset. You hereby agree that the Company shall have the right to offset against its obligation to deliver shares of Class A Common Stock, cash or other property under this Agreement to the extent that it does not constitute “non-qualified deferred compensation” pursuant to Section 409A, any outstanding amounts of whatever nature that you then owe to the Company or any a Subsidiary of its Subsidiariesthe Company.

Appears in 8 contracts

Samples: Performance Option Agreement (MSG Networks Inc.), Option Agreement (MSG Entertainment Spinco, Inc.), Option Agreement (MSG Networks Inc.)

Right of Offset. You hereby agree that the Company shall have the right to offset against its obligation to deliver shares of Class A Common Stock, cash or other property under this Agreement to the extent that it does not constitute “non-qualified deferred compensation” pursuant to Section 409A, any outstanding amounts of whatever nature that you then owe to the Company or any of its the AMC Subsidiaries.

Appears in 7 contracts

Samples: Restricted Stock Units Agreement (AMC Networks Inc.), Restricted Stock Units Agreement (AMC Networks Inc.), Restricted Stock Units Agreement (AMC Networks Inc.)

Right of Offset. You hereby agree that the Company shall have the right to offset against its obligation to deliver shares of Class A Common Stock, cash or other property under this Agreement to the extent that it does not constitute “non-qualified deferred compensation” pursuant to Section 409A, any outstanding amounts of whatever nature that you then owe to the Company or any of its Subsidiariesa Subsidiary.

Appears in 2 contracts

Samples: Restricted Stock Units Agreement (Qurate Retail, Inc.), Restricted Stock Units Agreement (Qurate Retail, Inc.)

Right of Offset. You hereby agree that the Company shall have the right to offset against its obligation to deliver shares of Class A Common Stock, cash or other property 4 See footnote 1. under this Agreement to the extent that it does not constitute “non-qualified deferred compensation” pursuant to Section 409A, any outstanding amounts of whatever nature that you then owe to the Company or any of its Subsidiaries.

Appears in 2 contracts

Samples: Performance Restricted Stock Units Agreement (MSGE Spinco, Inc.), Performance Restricted Stock Units Agreement (MSGE Spinco, Inc.)

Right of Offset. You hereby agree that the Company shall have the right to offset against its obligation to deliver shares of Class A Common Stock, cash or other property under this Agreement to the extent that it does not constitute “non-qualified deferred compensation” pursuant to Section 409AAgreement, any outstanding amounts of whatever nature that you then owe to the Company or any of its SubsidiariesAffiliates.

Appears in 2 contracts

Samples: Restricted Shares Agreement (Cablevision Systems Corp /Ny), Option Agreement (Cablevision Systems Corp /Ny)

Right of Offset. You hereby agree that the Company shall have the right to offset against its obligation to deliver shares of Class A Common Stock, cash or other property under this Agreement to the extent that it does not constitute “non-qualified deferred compensation” pursuant to Section 409A, any outstanding amounts of whatever nature that you then owe to the Company or any of its SubsidiariesSubsidaries.

Appears in 2 contracts

Samples: Form of Option Agreement (MSGE Spinco, Inc.), Form of Option Agreement (MSGE Spinco, Inc.)

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Right of Offset. You hereby agree that the Company shall have the right to offset against its obligation to deliver shares of Class A Common Stock, cash or other property under this Agreement to the extent that it does not constitute “non-qualified deferred compensation” pursuant to Section 409A, any outstanding amounts of whatever nature that you then owe to the Company or any of its Subsidiaries. 4 See footnote 1.

Appears in 2 contracts

Samples: Restricted Stock Units Agreement (MSGE Spinco, Inc.), Restricted Stock Units Agreement (MSGE Spinco, Inc.)

Right of Offset. You hereby agree that the Company shall have the right to offset against its obligation to deliver shares of Class A Common Stock, cash or other property under this Agreement to the extent that it does not constitute “non-qualified deferred compensation” pursuant to Section 409A, any outstanding amounts of whatever nature that you then owe to the Company or any of its Subsidiaries.a Subsidiary. ​

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Liberty TripAdvisor Holdings, Inc.)

Right of Offset. You hereby agree that the Company shall have the right to offset against its obligation to deliver shares of Class A Common Stock, cash or other property under this Agreement to the extent that it does not constitute “non-qualified deferred compensation” pursuant to 5 See footnote 1. Section 409A, any outstanding amounts of whatever nature that you then owe to the Company or any of its Subsidiaries.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Madison Square Garden Entertainment Corp.)

Right of Offset. You hereby agree that the Company shall have the right to offset against its obligation to deliver shares of Class A Common Stock, cash or other property under this Agreement to the extent that it does not constitute “non-qualified deferred compensation” pursuant to Section 409A, any outstanding amounts of whatever nature that you then owe to the Company or any of its CVC Subsidiaries.

Appears in 1 contract

Samples: Option Agreement (Cablevision Systems Corp /Ny)

Right of Offset. You hereby agree that the Company shall have the right to offset against its obligation to deliver shares of Class A Common Stock, cash or other property under this Agreement to the extent that it does not constitute “non-qualified deferred compensation” pursuant to Section 409A, any outstanding amounts of whatever nature that you then owe to the Company or any of its the CVC Subsidiaries.

Appears in 1 contract

Samples: Restricted Shares Agreement (Cablevision Systems Corp /Ny)

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