Common use of Cross Default; Right of Set-off Clause in Contracts

Cross Default; Right of Set-off. (a) The parties hereby agree that Buyer's obligations to make payments to Seller hereunder for Rounds during each Settlement Period are expressly conditioned upon and subject to the prior satisfaction in full by Seller of any and all of its payment obligations to USS under the Coke Supply Agreement, the Pellet Supply Agreement and the Services Agreement.

Appears in 4 contracts

Samples: Rounds Supply Agreement (PAV Republic, Inc.), Rounds Supply Agreement (PAV Republic, Inc.), Rounds Supply Agreement (Republic Engineered Products Holdings LLC)

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Cross Default; Right of Set-off. (a) The parties hereby agree that Buyer's ’s obligations to make payments to Seller hereunder for Rounds during each Settlement Period are expressly conditioned upon and subject to the prior satisfaction in full by Seller of any and all of its payment obligations to USS under the Coke Supply Agreement, the Pellet Supply Agreement and the Services Agreement.

Appears in 1 contract

Samples: Rounds Supply Agreement (Group Simec Sa De Cv)

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