Common use of Appropriation of Payment Right of Set Off Clause in Contracts

Appropriation of Payment Right of Set Off. 15.1 Right of appropriation We are entitled in our absolute discretion to apply and appropriate all payments received by us in such manner or order of priority as we may deem fit, notwithstanding any specific appropriation of such sums by the business member or any person making such payment. Without prejudice to the generality of the foregoing, we may apply payments received by us in the following order of priority:-

Appropriation of Payment Right of Set Off. 15.1 Right of appropriation (a) We are shall be entitled in our absolute reasonable discretion to apply and appropriate all payments received by us in such manner or order of priority as we may deem fit, notwithstanding any specific appropriation of such sums by the business member you or any person making such payment. Without prejudice to the generality of the foregoing, we may apply payments received by us in the following order of priority:-

Appropriation of Payment Right of Set Off. 15.1 Right of appropriation We are entitled in our absolute discretion to apply and appropriate all payments received by us in such manner or order of priority as we may deem fitfit, notwithstanding any specific specific appropriation of such sums by you, the business member or any person making such payment. Without prejudice to the generality of the foregoing, we may apply payments received by us in the following order of priority:-

Appropriation of Payment Right of Set Off. 15.1 Right of appropriation We are entitled in our absolute discretion to apply and appropriate all payments received by us in such manner or order of priority as we may deem fitfit, notwithstanding any specific specific appropriation of such sums by the business member or any person making such payment. Without prejudice to the generality of the foregoing, we may apply payments received by us in the following order of priority:-

Appropriation of Payment Right of Set Off. 15.1 Right of appropriation We are entitled in our absolute discretion to apply and appropriate all payments received by us in such manner or order of priority as we may deem fit, notwithstanding any specific appropriation of such sums by the business member you or any person making such payment. Without prejudice to the generality of the foregoing, we may apply payments received by us in the following order of priority:-priority :-

Appropriation of Payment Right of Set Off. 15.1 Right of appropriation We are entitled in our absolute discretion to apply and appropriate all payments received by us in such manner or order of priority as we may deem fitfit, notwithstanding any specific specific appropriation of such sums by the business member you or any person making such payment. Without prejudice to the generality of the foregoing, we may apply payments received by us in the following order of priority:-priority :-

Appropriation of Payment Right of Set Off. 15.1 Right of appropriation We are entitled in our absolute discretion to apply and appropriate all payments received by us in such manner or order of priority as we may deem fit, notwithstanding any specific appropriation of such sums by you, the business member or any person making such payment. Without prejudice to the generality of the foregoing, we may apply payments received by us in the following order of priority:-