Common use of Setoff Payments Clause in Contracts

Setoff Payments. Notwithstanding anything to the contrary contained herein, before being required to make any payments to the Buyer, the Seller will have the right to deduct from any such payments an amount equal to any other amounts due and owing by any Buyer Party to the Seller or any Affiliate thereof under any agreement between a Buyer Party and the Seller or any of its Affiliates.

Appears in 2 contracts

Samples: Letter Agreement (Hawaiian Holdings Inc), Letter Agreement (Hawaiian Holdings Inc)

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Setoff Payments. Notwithstanding anything to the contrary contained herein, before being required to make any payments to the Buyer, the Seller will shall have the right to deduct from any such payments an amount equal to any other amounts due and owing by any Buyer Party to the Seller or any Affiliate thereof under any agreement between a Buyer Party and the Seller or any of its Affiliates.

Appears in 2 contracts

Samples: Letter Agreement (Hawaiian Holdings Inc), Letter Agreement (Hawaiian Holdings Inc)

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Setoff Payments. Notwithstanding anything to the contrary contained herein, before being required to make any payments to the Buyer, the Seller will have the right to deduct from any such payments an amount equal to any other amounts due and owing by the Buyer or any Buyer Party of its Affiliates owes to the Seller or any Affiliate thereof under any agreement between a Buyer Party and the Seller or any of its Affiliatesthem.

Appears in 2 contracts

Samples: Letter Agreement (United Airlines, Inc.), Letter Agreement (Hawaiian Holdings Inc)

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