Set-Off Rights definition

Set-Off Rights means the right for Visit Orlando to deduct from any payments due to Service Provider an amount equal to the damages incurred by Visit Orlando as a result of any breach by Service Provider of its obligations under this Agreement. Set-Off Rights do not limit or affect any of Visit Orlando’s other rights and remedies.

Set-Off Rights means any and all rights of or claims of any Noteholder for deduction, set-off, netting, compensation, retention or counterclaim arising directly or indirectly under or in connection with any Note;

Set-Off Rights. As defined in Section 3.5.

Examples of Set-Off Rights in a sentence

• The parties hereto agree that GM’s Set-Off Rights shall rank ahead of general unsecured claims at all times.

• Yes In the event a dispute between the Contractor and the Customer cannot be resolved, the processes described in the General Provisions - eVAQ Sections 64, Set-Off Rights, and 54, Disputes shall prevail.

• YES In the event a dispute between the Contractor and the Customer cannot be resolved, the processes described in the General Provisions - eVAQ Sections 64, Set-Off Rights, and 54, Disputes shall prevail.

• For the purposes of this Condition 2, Waived Set-Off Rights means any and all rights of or claims of any holder of any Senior Non Preferred Note, Receipt or Coupon for deduction, set-off, netting, compensation, retention or counterclaim arising directly or indirectly under or in connection with any such Senior Non Preferred Note, Receipt or Coupon.

• Nothing in this Condition 3C is intended to provide, or shall be construed as acknowledging, any Set-Off Rights or that any such Set-Off Right is or would be available to any Holder of any Note but for this Condition 3C.

More Definitions of Set-Off Rights

Set-Off Rights means all rights arising in connection with Liabilities which may be satisfied by way of set-off, combination or deduction against, or used as payment towards, Liabilities under any Transferring Arrangement, Replicated Arrangement or NWM plc Existing Arrangement;

Set-Off Rights has the meaning specified in Recital H of this Agreement.

Set-Off Rights and “Records” provisions contained in Appendix A of this Agreement (Standard Clauses for New York State Contracts). Notwithstanding any other provision of this Agreement, no Party will be entitled to recover compensation or make a claim under this Agreement in respect of any loss that it has incurred to the extent that it has already been compensated in respect of that loss pursuant to this Agreement or otherwise by the other Party.

Set-Off Rights has the meaning specified in Section 23(6).

Set-Off Rights has the meaning set forth in Section 7.11.

Set-Off Rights. The County shall have all of its common law, equitable, and statutory rights of set-off. These rights shall incJude, but not be limited to, the County's option to withhold, for the purposes ofset­ off, any moneys due to LIU under this Lease up to any amounts due and owing to the County with regard to this contract and/or any other contract with any County department or agency, including any contract for a term commencing prior to the tenn of this contract, plus any amounts due and owing to the County for any other reason including, without limitation, tax delinquencies, fee delinquencies or monetary penalties relative thereto. The County shall exercise its set-offrights in accordance with normal County practices including, in cases of set-offpursuant to an audit, the finalization ofsuch audit by the County agency, its representatives, or the County Comptroller, and only after legal consultation with the County Attorney.

Set-Off Rights means, subject to the limitations in Article 9 (including Section 9.6), Purchaser’s right, without duplication, to reduce the Milestone Merger Consideration and/or Royalty Payments (to the extent payable hereunder and unpaid) for an indemnification claim made under Article 9 to the extent that any Purchaser Indemnified Party has made a valid and timely indemnification claim for Damages under Article 9 (including any such Damages in respect of any Third Party Claim) prior to the time the applicable Milestone Merger Consideration payment and/or Royalty Payment is due to be paid by Purchaser pursuant to this Agreement. For the avoidance of doubt, the Set-Off Rights may be applied to any payments made with respect the Buyout Option, Product 1 Change in Control Buyout Payment, Product 2 Change in Control Buyout Payment or any payment related to a Retinal Products Sale.