Common use of Buyer's Right of Offset Clause in Contracts

Buyer's Right of Offset. Anything in this Agreement to the ----------------------- contrary notwithstanding, Buyer may withhold and set off any amount as to which Sellers are obligated to indemnify Buyer pursuant to this Section 10.3 against (i) the portion of the Holdback Amount allocable to the resolution of Sellers' indemnification obligations under this Section 10.3 and (ii) any other amounts otherwise due Sellers or Seller Stockholder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rental Service Corp)

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Buyer's Right of Offset. Anything in this Agreement to the ----------------------- contrary notwithstanding, Buyer may withhold and set off any amount as to which Sellers are Buyer is obligated to indemnify Buyer Seller pursuant to this Section 10.3 7.2 against (i) the portion of the Holdback Amount allocable to the resolution of Sellers' indemnification obligations under this Section 10.3 and (ii) any other amounts otherwise due Sellers or Seller Stockholderfrom Seller.

Appears in 1 contract

Samples: Software Purchase Agreement (Teknik Digital Arts Inc.)

Buyer's Right of Offset. Anything in this Agreement to the ----------------------- contrary notwithstanding, Buyer may withhold and set off any amount as to which Sellers are Seller is obligated to indemnify Buyer pursuant to this Section 10.3 against (i) the portion of the Holdback Amount allocable to the resolution of Sellers' Seller's indemnification obligations under this Section 10.3 and (ii) any other amounts otherwise due Sellers or Seller Stockholder10.3.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rental Service Corp)

Buyer's Right of Offset. Anything in this Agreement to the ----------------------- contrary notwithstanding, subject to the provisions of Section 10.3(d), Buyer may withhold and set off against any other amounts otherwise due Seller pursuant to this Agreement any amount as to which Sellers are Seller is obligated to indemnify Buyer pursuant to any provision of this Section 10.3 against (i) the portion of the Holdback Amount allocable to the resolution of Sellers' indemnification obligations under this Section 10.3 and (ii) any other amounts otherwise due Sellers or Seller Stockholder10.3.

Appears in 1 contract

Samples: Asset Purchase Agreement (Eco Soil Systems Inc)

Buyer's Right of Offset. Anything in this Agreement to the ----------------------- contrary notwithstanding, Buyer may withhold and set off any amount as to which Sellers are Seller is obligated to indemnify Buyer pursuant to this Section 10.3 against (i) the portion of the Holdback Amount allocable to the resolution of Sellers' Seller's indemnification obligations under this Section 10.3 and (ii) any other amounts otherwise due Sellers Seller or Seller Selling Stockholder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rental Service Corp)

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Buyer's Right of Offset. Anything in this Agreement to the ----------------------- contrary notwithstanding, Buyer may withhold and set off any amount as to which Sellers are obligated to indemnify Buyer pursuant to this Section 10.3 11.3 against (i) the portion of the Holdback Amount allocable to the resolution of Sellers' Seller's indemnification obligations under this Section 10.3 and (ii) any other amounts otherwise due Sellers or Seller Stockholder11.3.

Appears in 1 contract

Samples: Stock Purchase Agreement (Rental Service Corp)

Buyer's Right of Offset. Anything in this Agreement to the ----------------------- contrary notwithstanding, Buyer may withhold and set off against any other amounts otherwise due Seller any amount as to which Sellers are Seller is obligated to indemnify Buyer pursuant to any provision of this Section 10.3 against (i) the portion of the Holdback Amount allocable to the resolution of Sellers' indemnification obligations under this Section 10.3 and (ii) any other amounts otherwise due Sellers or Seller Stockholder10.3.

Appears in 1 contract

Samples: Asset Purchase Agreement (Drkoop Com Inc)

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