Common use of Offset Rights Clause in Contracts

Offset Rights. Either Party may offset any amounts owing to it for revenues, penalties, fines, costs, reimbursement or other payments pursuant to Article Six of the Master Agreement against any future amounts it may owe to the other Party under this Confirmation.

Appears in 8 contracts

Samples: Resource Adequacy Capacity Product Confirmation, Confirmation for Import Resource Adequacy Capacity Product, Confirmation for Import Resource Adequacy Capacity Product

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Offset Rights. Either Party may offset any amounts owing to it for revenues, penalties, fines, costscosts reimbursement, reimbursement or other payments pursuant to Article Six of the Master Agreement against any future amounts it may owe to the other Party under this Confirmation.Party. Other Buyer and Seller Covenants

Appears in 2 contracts

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

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Offset Rights. Either Party may offset any amounts owing to it for revenues, penalties, fines, costscosts reimbursement, reimbursement or other payments pursuant to Article Six Section 9 of the Master Agreement against any future amounts it may owe to the other Party under this ConfirmationParty.

Appears in 1 contract

Samples: Import Capability Transfer Confirmation Letter

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