Common use of Set-off and Recoupment Clause in Contracts

Set-off and Recoupment. Any amount or amounts due from any ---------------------- Indemnifying Party to PQC under this Article VII may be paid to PQC, at PQC's option, by set-off or recoupment against any amounts due to the Indemnifying Party pursuant to this Agreement or pursuant to any agreement between the Indemnifying Party and PQC, Flagship or any of their respective affiliates. Any such set-off will be without prejudice to PQC's right to pursue any other remedies at law or in equity available to it.

Appears in 3 contracts

Samples: Form of Merger Agreement (Physicians Quality Care Inc), Merger Agreement (Physicians Quality Care Inc), Merger Agreement (Physicians Quality Care Inc)

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Set-off and Recoupment. Any amount or amounts due from any ---------------------- Indemnifying Party to PQC under this Article VII Section 8 may be paid to PQC, at PQC's option, by set-off or recoupment against any amounts due to the Indemnifying Party pursuant to this Agreement or pursuant to any agreement between the Indemnifying Party and PQC, Flagship PQC or any of their respective its affiliates. Any such set-off will be without prejudice to PQC's right to pursue any other remedies at law or in equity available to it.

Appears in 2 contracts

Samples: Form of Asset Purchase Agreement (Physicians Quality Care Inc), Form of Asset Purchase Agreement (Physicians Quality Care Inc)

Set-off and Recoupment. Any amount or amounts due from any ---------------------- Indemnifying Party to PQC under this Article VII Section 6 may be paid to PQC, at PQC's option, by set-off or recoupment against any amounts due to the Indemnifying Party pursuant to this Agreement or pursuant to any agreement between the Indemnifying Party and PQC, Flagship or any of their respective affiliates. Any such set-off will be without prejudice to PQC's right to pursue any other remedies at law or in equity available to it.

Appears in 1 contract

Samples: Affiliation Agreement (Physicians Quality Care Inc)

Set-off and Recoupment. Any amount or amounts due from any ---------------------- ----------------------- Indemnifying Party to PQC under this Article VII may be paid to PQC, at PQC's option, by set-off or recoupment against any amounts due to the Indemnifying Party pursuant to this Agreement or pursuant to any agreement between the Indemnifying Party and PQC, Flagship MCP or any of their respective affiliates. Any such set-off will be without prejudice to PQC's right to pursue any other remedies at law or in equity available to it.

Appears in 1 contract

Samples: Form of Merger Agreement (Physicians Quality Care Inc)

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Set-off and Recoupment. (a) Any amount or amounts due from any ---------------------- Indemnifying Party to PQC under this Article VII may be paid to PQC, at PQC's option, by set-off or recoupment against any amounts due to the Indemnifying Party pursuant to this Agreement or pursuant to any agreement between the Indemnifying Party and PQC, Flagship or any of their respective affiliates. Any such set-off will be without prejudice to PQC's right to pursue any other remedies at law or in equity available to it.

Appears in 1 contract

Samples: Merger Agreement (Physicians Quality Care Inc)

Set-off and Recoupment. Any amount or amounts due from any ---------------------- Indemnifying Party to PQC under this Article VII VI may be paid to PQC, at PQC's option, by set-off or recoupment against any amounts due to the Indemnifying Party pursuant to this Agreement or pursuant to any agreement between the Indemnifying Party and PQC, Flagship MCP or any of their respective affiliates. Any such set-off will be without prejudice to PQC's right to pursue any other remedies at law or in equity available to it.

Appears in 1 contract

Samples: Affiliation Agreement (Physicians Quality Care Inc)

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