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Common use of CLAIMS ADJUSTMENT Clause in Contracts

CLAIMS ADJUSTMENT. In addition to any right of setoff or recoupment provided by law, Buyer may at any time and without notice deduct or set-off claims by Seller (or its assignee or financing institution) for amounts due or to become due from Buyer against any claims that Buyer has or may have arising out of this or any other transaction between Buyer and Seller.

Appears in 12 contracts

Samples: Purchase Order, Purchase Order, Purchase Order Agreement

CLAIMS ADJUSTMENT. In addition to any right of setoff or recoupment provided by law, Buyer may at any time and without notice deduct deduct, debit memo, or set-off claims by Seller (or its assignee or financing institution) for amounts due or to become due from Buyer against any claims that Buyer has or may have arising out of this or any other transaction between Buyer and Seller.

Appears in 1 contract

Samples: Vendor Agreement