Common use of Netting Rights Clause in Contracts

Netting Rights. Anaheim reserves the right to net amounts that would otherwise be due to Seller under this Agreement in payment of any amounts: (a) Owing and unpaid by Seller to Anaheim under this Agreement; or (b) Owed to Anaheim by Seller arising out of, or related to, any other Anaheim agreement, tariff, obligation or liability. Nothing in this Section 1.05 limits Anaheim’s rights under applicable tariffs, other agreements, or Applicable Law.

Appears in 3 contracts

Samples: Renewable Power Purchase and Sale Agreement, Renewable Power Purchase and Sale Agreement, Renewable Power Purchase and Sale Agreement

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Netting Rights. Anaheim reserves the right to net amounts that would otherwise be due to Seller under this Agreement in payment of any amounts: (a) : Owing and unpaid by Seller to Anaheim under this Agreement; or (b) or Owed to Anaheim by Seller arising out of, or related to, any other Anaheim agreement, tariff, obligation or liability. Nothing in this Section 1.05 A.5 limits Anaheim’s rights under applicable tariffs, other agreements, or Applicable Law.

Appears in 1 contract

Samples: Renewable Power Purchase and Sale Agreement

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