Common use of Offset of Indemnity Amounts Clause in Contracts

Offset of Indemnity Amounts. In any event requiring indemnity of one party by another hereunder, the indemnitee may offset, against any payments subsequently due to the indemnitor from the indemnitee, any amount remaining unpaid under this indemnitee unless otherwise provided in this Agreement.

Appears in 2 contracts

Samples: Exclusive License Agreement (Midland International CORP), License Agreement (American Enterprise Corp)

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Offset of Indemnity Amounts. In any event requiring indemnity of one party by another hereunder, the indemnitee may offset, against any payments subsequently due to the indemnitor from the indemnitee, any amount remaining unpaid under this indemnitee indemnity unless otherwise provided in this Agreement.

Appears in 1 contract

Samples: Exclusive License Agreement (Sunshine Biopharma, Inc)

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Offset of Indemnity Amounts. In any event requiring indemnity of one party Party by another hereunder, the indemnitee Indemnitee may offset, against any payments subsequently due to the indemnitor Indemnitor from the indemniteeIndemnitee, any amount remaining unpaid under this indemnitee the indemnity unless otherwise provided in this Agreement.

Appears in 1 contract

Samples: Software License Agreement (Pt 1communications Inc)

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