Right of Deduction Sample Clauses

Right of Deduction. After the Centre receives the Recipient’s acceptance of the present Agreement, and concludes similar agreements with any Collaborating Institutions, if applicable, the Centre will make the initial payment under this Agreement to the Recipient in accordance with Part 3 - Schedule of Project Milestones. The initial payment under this Agreement, and all further payments with respect to this Project, shall be made in accordance with the terms of this Agreement on the condition that the Recipient is in compliance with all of its contractual obligations to the Centre, including such obligations that may arise in connection with any other agreement it may have concluded with the Centre (“Other Contractual Obligations”). Should the Recipient be in default of its obligations pursuant to this Agreement or Other Contractual Obligations, including reporting obligations, the Centre reserves the right to deduct any or all amounts which the Recipient may owe the Centre against the amounts the Centre may owe the Recipient pursuant to this Agreement.
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Right of Deduction. Any improvement or work done or authorized by Tenant or performed to Tenant’s account, the cost of which remains unpaid at the time the Construction Consideration is otherwise payable, and any accrued Rental which remains unpaid at the time the Construction Consideration is payable, will be deducted from any Construction Consideration payment by Landlord to Tenant, and Landlord may hold the same as security against any liens arising therefrom if Tenant has not posted a bond or other security, or Landlord may pay such unpaid cost for and on behalf of Tenant.
Right of Deduction. If the employer has paid the salaried employee the full salary instead of the difference, the employer shall be entitled to withdraw the allowance or a comparable indemnity assigned to the salaried employee under the law or agreement or to receive the amount from the salaried employee; however, not more than the amount paid by the employer. However, the right to deduct shall not extend to a daily allowance or compensation paid in whole or in part by the salaried employee on the basis of voluntary insurance. If the daily allowance or compensation comparable to it is not paid for reasons arising from the employee themselves, or if a smaller amount that the employee would be legally entitled to is paid, the employer has the right to deduct from the employee’s salary the part of the daily allowance or compensation which has not been paid as a result of the employee’s own negligence. COLLECTIVE AGREEMENT FOR SALARIED EMPLOYEES
Right of Deduction. The employer is entitled to collect any statutory or agreed daily allowance or comparable benefit payable to the employee, or to recover the said amount from the employee, for the period during which the employer has paid the salary referred to in this section without exceeding the sum paid to the employee as salary. However, the right of deduction does not apply to daily allowance or compensation received by the employees on the basis of voluntary insurance paid for in full or in part by the employee themselves. If the daily allowance or compensation comparable to it is not paid for reasons arising from the employee themselves, or if a smaller amount that the employee would be legally entitled to is paid, the employer has the right to deduct from the employee’s salary the part of the daily allowance or compensation which has not been paid as a result of the employee’s own negligence.
Right of Deduction. Should the Recipient be in default of its obligations pursuant to this Agreement or Other Contractual Obligations, including reporting obligations, INGSA reserves the right to deduct any or all amounts which the Recipient may owe INGSA against the amounts INGSA may owe the Recipient pursuant to this Agreement.
Right of Deduction. Payments to the Seller under this Order shall be subject to deductions of any valid claims of Buyer against Seller arising from this or any other transaction.
Right of Deduction. If any payment by the Applicant is due and payable under this Agreement, Minsheng Bank is entitled to deduct the corresponding amount from the designated account, the pledged deposit account or any other account the Applicant maintains with Minsheng Bank. If the funds in the above accounts are not sufficient to pay the amount due, the Applicant shall remain liable to pay the balance. In relation to such deduction, Minsheng Bank is not obligated to obtain the Applicant's prior consent or give the Applicant prior notice but shall notify the Applicant promptly after such deduction.
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Related to Right of Deduction

  • Right of Set-off Upon (i) the occurrence and during the continuance of any Event of Default and (ii) the making of the request or the granting of the consent specified by Section 6.01 to authorize the Agent to declare the Notes due and payable pursuant to the provisions of Section 6.01, each Lender and each of its Affiliates is hereby authorized at any time and from time to time, to the fullest extent permitted by law, to set off and apply any and all deposits (general or special, time or demand, provisional or final) at any time held and other indebtedness at any time owing by such Lender or such Affiliate to or for the credit or the account of the Borrower against any and all of the obligations of the Borrower now or hereafter existing under this Agreement and the Note held by such Lender, whether or not such Lender shall have made any demand under this Agreement or such Note and although such obligations may be unmatured. Each Lender agrees promptly to notify the Borrower after any such set-off and application, provided that the failure to give such notice shall not affect the validity of such set-off and application. The rights of each Lender and its Affiliates under this Section are in addition to other rights and remedies (including, without limitation, other rights of set-off) that such Lender and its Affiliates may have.

  • Right of Refusal Vendor has the right not to sell to a TIPS Member under the awarded agreement at Vendor’s discretion unless otherwise required by law.

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