Payment Offset. When possible these payments shall be offset against or added to future payment made according to Article 4.
Payment Offset. When possible, a recovery for an overpayment or reimbursement due to an underpayment shall be offset against or added to future payments made according to this Article.
Payment Offset. Inmarsat shall have the right to offset monies due to the Contractor under this Contract against sums due to Inmarsat under this Contract.
Payment Offset. In a few situations Seller may have a payment obligation to Buyer under this Agreement such as in connection with Seller purchasing Feedstock or Oil from Buyer. In all such situations if Buyer owes Seller other amounts under this Agreement which have not been paid, then Seller may offset the amounts Buyer owes to Seller under this Agreement against the Seller’s payment obligations to Buyer. If Seller exercises such offset right, Seller shall promptly notify Buyer of such offset and the corresponding reduction in Buyer’s payment obligations to Seller.
Payment Offset. If the Escrow Amount has not yet been -------------- funded to the Company, and notwithstanding anything contained herein to the contrary, Purchaser shall have the option to be relieved of its obligations from the Escrow Amount on a dollar-for-dollar basis upon proper written notice to the Company and the Escrow Agent, if applicable. Alternatively, any payment of the indemnity obligations of the Company set forth in Section 9.1 may be made, at ----------- the option of Purchaser, by the Company issuing shares of the Company's Common Stock, which shares, for such purpose, shall be valued at the Market Price (as defined below) of the Common Stock on the date such liability is finally determined, provided that, if the Common Stock is then listed on an exchange and the exchange requires that such value be determined as the greater of the Market Price or the per share book value, the value shall be determined as such greater amount. Such shares shall be delivered promptly after such liability is finally determined. As used herein, "Market Price" means, with respect to a particular date, the average closing price of the Company's Common Stock for the five (5) trading days ending on the trading day before such date, as reported by The Wall Street Journal, but in no event less than $1.50 per share.
Payment Offset. Any payments made by Buyer and/or GCSC to Qualcomm, pre-paid or otherwise, may be used by Qualcomm to offset any outstanding amounts owed by Buyer and/or GCSC to Qualcomm, under this Agreement or any other agreement. Notwithstanding Qualcomm’s right to offset in this section, Buyer and/or GCSC must continue to make all payments in a timely manner as required under this agreement. ”
Payment Offset. The parties agree to offset any payments required under this Assignment so that the party owing any amount after this offset will provide payment to the other party.
Payment Offset. At or prior to the Closing, Purchaser shall contribute $31,000,000 to one or more of the Purchased Entities, at Purchaser’s election (with respect to the identity of the applicable Purchased Entity), and such capital contribution shall be deemed to be paid in respect of a portion of the Licensed Sports Business Purchase Price, ShopRunner Purchase Price and the RueLaLa Purchase Price payable at the Closing.
Payment Offset. The Parties agree that any payments payable by a Party in accordance with Section 4.1 will be offset against any payments which may be due to that Party under Section 4.1.
Payment Offset. Any payments or other entitlements provided to Employees in excess of the minimum requirements set out in this Agreement (if applicable) may be off set against any liability, claim or entitlement that an Employee may claim against the Employer with respect to their employment.
