Offset Privilege. Any monetary obligation owing from the Company to any Member or Manager may be offset by the Company against any monetary obligation then owing from that Member or Manager to the Company.
Appears in 9 contracts
Samples: Operating Agreement (Agrify Corp), Limited Liability Company Agreement, Limited Liability Company Agreement (Kennedy-Wilson Properties (IL))
Offset Privilege. Any The Company may offset against any monetary obligation owing from the Company to any Member Members or Manager may be offset by the Company against any monetary obligation then owing from that Member or Manager to the Company.; provided, however, that such offset right shall only apply to any monetary obligation owed to such Member or Manager in their capacity as a Member or Manager.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
Offset Privilege. Any monetary obligation owing from the Company to any Member or Manager Shareholder hereunder may be offset by the Company against any monetary obligation then owing from that Member or Manager the Shareholder to the Company.
Appears in 1 contract
Samples: Shareholders’ Agreement (Changing World Technologies, Inc.)
Offset Privilege. Any The Company may offset against any monetary obligation owing from the Company to any Member or Manager may be offset by the Company against Joint Venturer any monetary obligation then owing from that Member or Manager Joint Venturer to the Company.
Appears in 1 contract
Samples: Joint Venture Agreement (Shanghai Century Acquisition Corp)
Offset Privilege. Any Company may offset against any monetary obligation owing from the Company to any Member or Manager may be offset by the Company against any monetary obligation then owing from that Member or Manager to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Kennedy-Wilson Properties (IL))
Offset Privilege. Any The Company may offset against any monetary obligation owing from the Company to any Member Members or Manager may be offset by the Company against any monetary obligation then owing from that Member or Manager to the Company; provided, however, that the offset right will only apply to any monetary obligation owed to that Member or Manager in their capacity as a Member or Manager.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Freeport Holdings Series LLC)
Offset Privilege. Any monetary obligation owing from the Company to ---------------- any Member or Manager may be offset by the Company against any monetary obligation then owing from that Member or Manager to the Company.
Appears in 1 contract
Offset Privilege. Any The Company may offset against any monetary obligation owing from the Company to any Member or Manager may be offset by the Company against Joint Venturer any monetary obligation then owing from that Member or Manager Joint Venturer to the Company.. 10.3
Appears in 1 contract
Samples: www.sec.gov
Offset Privilege. Any The Company may offset against any monetary obligation owing from the Company to any Member Members or Manager may be offset by the Company against any monetary obligation then owing from that Member or Manager to the Company; provided, however, that such offset right shall only apply to any monetary obligation owed to such Member or Manager in their capacity as a Member or Manager.
Appears in 1 contract
