Common use of SET OFF CLUASE Clause in Contracts

SET OFF CLUASE. 14.1 In the event any sum of money or claim becomes recoverable from or payable by LICENSEE to the LICENSOR either against this Licence Agreement or otherwise in any manner, such money or claim can be (without restricting any right of set off for counter claim given or employed by law) deducted or adjusted against any amount or sum of money then due or which at any time thereafter may become due to the LICENCE under this Licence Agreement or any other agreement or contract between the LICENSOR and the LICENSEE.

Appears in 3 contracts

Samples: Licence Agreement, Licence Agreement, Licence Agreement

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SET OFF CLUASE. 14.1 12.1 In the event any sum of money or claim becomes recoverable from or payable by LICENSEE to the LICENSOR either against this Licence License Agreement or otherwise in any manner, such money or claim can be (without restricting any right of set off for counter claim given or employed by law) deducted or adjusted against any amount or sum of money then due or which at any time thereafter may become due to the LICENCE LICENSEE under this Licence License Agreement or any other agreement or contract between the LICENSOR and the LICENSEE.

Appears in 1 contract

Samples: License Agreement

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SET OFF CLUASE. 14.1 10.1 In the event any sum of money or claim becomes recoverable from or payable by LICENSEE to the LICENSOR either against this Licence License Agreement or otherwise in any manner, such money or claim can be (without restricting any right of set off for counter claim given or employed by law) deducted or adjusted against any amount or sum of money then due or which at any time thereafter may become due to the LICENCE LICENSE under this Licence License Agreement or any other agreement or contract between the LICENSOR and the LICENSEE.

Appears in 1 contract

Samples: Government of India

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