Offset Against Amounts Payable. Whenever the Company is to pay any sum to any Unitholder or any Affiliate or related Person thereof, any amounts that such Unitholder or such Affiliate or related Person owes to the Company or any of its Subsidiaries may be offset or deducted from that sum before payment.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Allvue Systems Holdings, Inc.), Limited Liability Company Agreement (Carvana Co.), Limited Liability Company Agreement (Carvana Co.)
Offset Against Amounts Payable. Whenever the Company is to pay any sum to any Unitholder Unit Holder or any Affiliate or related Person thereof, any amounts that such Unitholder Unit Holder or such Affiliate or related Person owes to the Company or any of its Subsidiaries may be offset or deducted from that sum before payment.
Appears in 2 contracts
Samples: Transaction Agreement (Nord Anglia Education, Inc.), Transaction Agreement (Nord Anglia Education, Inc.)
Offset Against Amounts Payable. Whenever To the maximum extent permitted under applicable law, whenever the Company is to pay any sum to any Unitholder Member (other than any holder of Sponsor Equity) or any Affiliate or related Person thereof, any amounts that such Unitholder Member or such Affiliate or related Person owes to the Company or any of its Subsidiaries Company Subsidiary may be offset or deducted from that sum before payment.
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