Common use of CROSS FALL BREACH AND SET OFF Clause in Contracts

CROSS FALL BREACH AND SET OFF. The Subcontractor / PRW shall be bound by the terms of this Work Order / Subcontract as also any and all other Work Orders / Subcontract / Agreements / Contracts with the Company. The breach or default by the Subcontractor / PRW under any of the Work Orders / Subcontract / Agreements / Contracts shall be a default under all the Work Orders / Subcontract / Agreements / Contracts and the Company shall have the right to exercise all rights that it may be entitled to in the event of breach or default by the Subcontractor / PRW under any and all the Work Orders / Subcontract / Agreements / Contracts.. The Subcontractor / PRW further agrees and confirms that, the Company shall at all times have the right to deduct or adjust or set off all or any monies from any due (s) payable to the Subcontractor / PRW under this Work Order / Subcontract and / or under any other Work Orders / Subcontract / Agreements / Contracts with the Subcontractor / PRW or any of the account of the Subcontractor / PRW or any of the Bank Guarantees (i.e. Performance or Advance or Retention or Security Deposit) of the Subcontractor / PRW.

Appears in 4 contracts

Samples: Subcontract Agreement, Subcontract Agreement, General Conditions of Work Order

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