Common use of Offset Clause in Contracts

Offset. The Company and the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this Contract. The party asserting the right of offset may exercise such right any time, whether the balances due are on account of premiums or losses or otherwise; provided, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there shall be no right to offset.

Offset. The Company and the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this ContractAgreement. The party asserting the right of offset may exercise such right any time, time whether the balances due are on account of premiums or losses or otherwise; provided, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there shall be no right to offset.

Offset. The As of any date, the Company and the any Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this Contract. The party asserting the right of offset may may, with the concurrence of the other party, exercise such right any time, whether the balances due are on account of premiums premiums, Covered Amounts or losses or otherwise; provided, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there shall be no right to offsetlate payment fees.

Offset. The Company and or the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this ContractAgreement. The party asserting the right of offset may exercise such right any time, time whether the balances due are on account of premiums or losses or otherwise; provided, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there shall be no right to offset.

Offset. The Company and the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this Contract. The party asserting the right of offset may exercise such right any time, time whether the balances due are on account of premiums or losses or otherwise; provided. In the event of the insolvency of any party, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there offset shall be no right to offsetas permitted by applicable insolvency or liquidation law.

Offset. The Company and the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this Contract. The party asserting the right of offset may exercise such right any time, time whether the balances due are on account of premiums or losses or otherwise; provided. However, howeverin the event of the insolvency of any party hereto, that nothing offset shall only be allowed in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there shall be no right to offsetaccordance with applicable law.

Offset. A. The Company and the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this ContractContract or any other contracts between the parties. The party asserting the right of offset may exercise such right any time, whether the balances due are on account of premiums or losses or otherwise; provided, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there shall be no right to offset.

Offset. The Company and or the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this Contract. The party asserting the right of offset may exercise such right at any time, time whether the balances due are on account of premiums or losses or otherwise; provided, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there shall be no right to offsetlosses.

Offset. The Company and the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this Contract. The party asserting the right of offset may exercise such right any time, time whether the balances due are on account of premiums or losses or otherwise; provided, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there shall be no right to offset.

Offset. The Company and the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this ContractAgreement. The party asserting the right of offset may exercise such right any time, time whether the balances due are on account of premiums or losses or otherwise; provided. However, howeverin the event of the insolvency of any party hereto, that nothing offset shall only be allowed in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there shall be no right to offsetaccordance with applicable law.

Offset. The Company and the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this Contract. The party asserting the right of offset may exercise such right any time, time whether the balances due are on account of premiums or losses or otherwise; providedotherwise and immediately inform the Intermediary accordingly. In the event of the insolvency of any party, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there offset shall be no right to offsetas permitted by applicable law.

Offset. The Company and the Reinsurer shall will have the right to offset any balance or amounts due from one party to the other under the terms of this Contract. The party asserting the right of offset may exercise such right any time, time whether the balances due are on account of premiums or losses or otherwise; provided, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there shall be no right to offset.

Offset. The Company and the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this ContractAgreement or any other agreement between the Company and the Reinsurer. The party asserting the right of offset may exercise such right any time, time whether the balances due are on account of premiums or losses Reinsurance Premiums, Ultimate Net Losses, Loss Adjustment Expenses or otherwise; provided. However, howeverin the event of insolvency of any party hereto, that nothing offset shall only be allowed in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there shall be no right to offsetaccordance with applicable law.

Offset. The Company and the Reinsurer shall have the right to offset any balance or amounts due as billed from one party to the other under the terms of this Contract. The party asserting the right of offset may exercise such right any time, time whether the balances due as billed are on account of premiums or losses or otherwise; providedotherwise and immediately inform the Intermediary accordingly. In the event of the insolvency of any party, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there offset shall be no right to offsetas permitted by applicable insolvency or liquidation law.

Offset. The Company Reinsured and the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this Contract. The party asserting the right of offset may exercise such right any time, time whether the balances due are on account of premiums or losses or otherwise; providedotherwise and immediately inform the Intermediary accordingly. In the event of the insolvency of any party, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there offset shall be no right to offsetas permitted by applicable law.

Offset. The Company and or the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this ContractContract or under the Surety Quota Share Treaty between certain of the parties hereto. The party asserting the right of offset may exercise such right at any time, time whether the balances due are on account of premiums or losses losses. In the instance of insolvency of one or otherwise; providedmore of the reinsured Companies, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there shall be no right to offsetapplicable state law will apply.

Offset. ‌ The Company and the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this Contract. The party asserting the right of offset may exercise such right any time, whether the balances due are on account of premiums or losses or otherwise; provided, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there shall be no right to offset.

Offset. The Company and the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this ContractAgreement. The party asserting the right of offset may exercise such right any time, time whether the balances due are on account of premiums or losses losses, or otherwise; provided, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there shall be no right to offset.

Offset. The Company and the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this ContractAgreement. The party asserting the right of offset may exercise such right any time, time whether the balances due are on account of premiums or losses or otherwise; provided, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there shall be no right to offset.

Offset. The Company and the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this ContractAgreement. The party asserting the right of offset may exercise such right any time, time whether the balances due are on account of premiums or losses losses, or otherwise; provided, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there shall be no right to offset.

Offset. The Company and the Reinsurer Reinsurers shall have the right to offset any balance or amounts due from one party to the other under the terms of this Contract. The party asserting the right of offset may exercise such right any time, whether time where the balances due are on account of premiums or losses or otherwise; provided, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there shall be no right to offset.

Offset. The Company Cedent and the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this ContractAgreement. The party asserting the right of offset may exercise such right any time, whether the balances due are on account of premiums or losses or otherwise; provided, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there shall be no right to offset.

Offset. The Company and the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this ContractContract only. The party asserting the right of offset may exercise such right any time, time whether the balances due are on account of premiums or losses or otherwise; provided, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there shall be no right to offset.

Offset. The Company and the Reinsurer shall parties hereto have the right to offset any balance or amounts balance(s) due from one party to the other under this Agreement or any other agreement heretofore or hereafter entered into between the terms of this ContractCompany and the Reinsurer, whether acting as assuming reinsurer or ceding company. The party asserting the right of offset may exercise such right at any time, time whether the balances balance(s) due are on account of premiums or losses premiums, losses, salvage or otherwise; provided, however, that nothing in this Article . This provision shall apply to any amounts due to not be affected by the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there shall be no right to offsetinsolvency of either party hereto.

Offset. The Company and the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this Contract. The party asserting the right of offset may exercise such right any time, time whether the balances due are on account of premiums or losses or otherwise; provided, however, that nothing in this Article . This right of offset shall apply to any amounts due to not be affected by the Insured under this Contract and any Exhibits hereto (including insolvency of either the Policy), as to which amounts there shall be no right to offsetCompany or the Reinsurer.

Offset. The Company and the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this Contract. Contract The party asserting the right of offset may exercise such right at any time, time whether the balances due are on account of premiums or losses or otherwise; provided. In the event of the insolvency of a party hereto, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there offsets shall be no right to offsetallowed only in accordance with the provisions of any applicable state statutes governing offset entitlement.

Offset. The Except with respect to Reinsurer’s Obligations under Article 14 of this Agreement, the Company and the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this ContractAgreement. The party asserting the right of offset may exercise such right any time, time whether the balances due are on account of premiums or losses or otherwise; provided, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there shall be no right to offset.

Offset. The Company and the Reinsurer shall have the right to offset any balance or amounts due from one party to the other under the terms of this Contract. The party asserting the right of offset may exercise such right any time, time whether the balances due are on account of premiums or losses or otherwise; providedotherwise and immediately inform the Intermediary accordingly. In the event of the insolvency of any party, however, that nothing in this Article shall apply to any amounts due to the Insured under this Contract and any Exhibits hereto (including the Policy), as to which amounts there offset shall be no right to offset.as permitted by applicable law,