Common use of Other Agreement Setoffs Do Not Apply Clause in Contracts

Other Agreement Setoffs Do Not Apply. 10.3.2. The Non-Defaulting Party shall net or aggregate, as appropriate, any and all amounts owing between the parties under Section 10.3.1, so that all such amounts are netted or aggregated to a single liquidated amount payable by one party to the other (the “Net Settlement Amount”). At its sole option and without prior Notice to the Defaulting Party, the Non-Defaulting Party may setoff any Net Settlement Amount against any margin or other collateral held by a party in connection with any Credit Support Obligation relating to the Contract.

Appears in 20 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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Other Agreement Setoffs Do Not Apply. 10.3.2. The Non-Defaulting Party shall net or aggregate, as appropriate, any and all amounts owing between the parties under Section 10.3.1, so that all such amounts are netted or aggregated to a single liquidated amount payable by one party to the other (the “Net Settlement Amount”). At its sole option and without prior Notice notice to the Defaulting Party, the Non-Defaulting Party may setoff any Net Settlement Amount owed to the Non-Defaulting Party against any margin or other collateral held by a party it in connection with any Credit Support Obligation relating to the Contract.

Appears in 3 contracts

Samples: Base Contract, naesb.org, naesb.org

Other Agreement Setoffs Do Not Apply. 10.3.2. 10.3.2 The Non-Defaulting Party shall net or aggregate, as appropriate, any and all amounts owing between the parties under Section 10.3.1, so that all such amounts are netted or aggregated to a single liquidated amount payable by one party to the other (the “Net Settlement Amount”). At its sole option option, and without prior Notice to the Defaulting Party, the Non-Defaulting Party may setoff any Net Settlement Amount against any margin or other collateral held by a party in connection with any Credit Support Obligation relating to the Contract.

Appears in 2 contracts

Samples: Montauk Renewables, Inc., Montauk Renewables, Inc.

Other Agreement Setoffs Do Not Apply. 10.3.2. The Non-Defaulting Party shall net or aggregate, as appropriate, any and all amounts owing between the parties under Section 10.3.1, so that all such amounts are netted or aggregated to a single liquidated amount payable by one party to the other (the “Net Settlement Amount”). At its sole option and without prior Notice to the Defaulting Party, the Non-Defaulting Party may setoff any Net Settlement Amount owed to the Non-Defaulting Party against any margin or other collateral held by a party it in connection with any Credit Support Obligation relating to the Contract.

Appears in 2 contracts

Samples: Montauk Renewables, Inc., Otter Tail Ag Enterprises, LLC

Other Agreement Setoffs Do Not Apply. 10.3.2. 10.3.2 The Non-Defaulting Party shall net or aggregate, as appropriate, any and all amounts owing between the parties under Section 10.3.1, so that all such amounts are netted or aggregated to a single liquidated amount payable by one party to the other ({the “Net Settlement Amount”). At its sole option and without prior Notice to the Defaulting Party, the Non-Defaulting Party may setoff any Net Settlement Amount against any margin or other collateral held by a party in connection with any Credit Support Obligation relating to the Contract.

Appears in 1 contract

Samples: Montauk Renewables, Inc.

Other Agreement Setoffs Do Not Apply. 10.3.2. The Non-Defaulting Non&$45;Defaulting Party shall net or aggregate, as appropriate, any and all amounts owing between the parties under Section 10.3.1, so that all such amounts are netted or aggregated to a single liquidated amount payable by one party to the other (the "Net Settlement Amount"). At its sole option and without prior Notice to the Defaulting Party, the Non-Defaulting Non&$45;Defaulting Party may setoff any Net Settlement Amount owed to the Non&$45;Defaulting Party against any margin or other collateral held by a party it in connection with any Credit Support Obligation relating to the Contract.

Appears in 1 contract

Samples: Corning Natural Gas Corp

Other Agreement Setoffs Do Not Apply. 10.3.2. 10.3.2 The Non-Defaulting Party shall net or aggregate, as appropriateappropriate , any and all amounts owing between the parties under Section 10.3.1, so that all such amounts are netted or aggregated to a single liquidated amount payable by one the party to the other (the “Net Settlement Amount”). At its sole option and without prior Notice to the Defaulting Party, the Non-Defaulting Party may setoff any Net Settlement Amount owed to the Non-Defaulting Party against any margin or other collateral held by a party it in connection with any Credit Support Obligation relating to the Contract.

Appears in 1 contract

Samples: Montauk Renewables, Inc.

Other Agreement Setoffs Do Not Apply. 10.3.2. The Non-Defaulting Party shall net or aggregate, as appropriate, any and all amounts owing between the parties under Section 10.3.1, so that all such amounts are netted or aggregated to a single liquidated amount payable by one party to the other (the "Net Settlement Amount"). At its sole option and without prior Notice to the Defaulting Party, the Non-Defaulting Party may setoff set off any Net Settlement Amount owed to the Non-Defaulting Party against any margin or other collateral held by a party it in connection with any Credit Support Obligation relating to the Contract.

Appears in 1 contract

Samples: www.bidnet.com

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Other Agreement Setoffs Do Not Apply. 10.3.2. The Non-Defaulting Party shall net or aggregate, as appropriate, any and all amounts owing between the parties under Section 10.3.1, so that all such amounts are netted or aggregated to a single liquidated amount payable by one party to the other (the "Net Settlement Amount"). At its sole option and without prior Notice to the Defaulting Party, the Non-Defaulting Party may setoff any Net Settlement Amount against any margin or other collateral held by a party in connection with any Credit Support Obligation relating to the Contract.

Appears in 1 contract

Samples: Corning Natural Gas Corp

Other Agreement Setoffs Do Not Apply. 10.3.2. 10.3.2 The Non-Defaulting Party shall net or aggregate, as appropriate, any and all amounts owing between the parties under Section 10.3.1, so that all such amounts are netted or aggregated to a single liquidated amount payable by one party to the other (the “Net Settlement Amount”). At its sole option and without prior Notice to the Defaulting Party, the Non-Defaulting Party may setoff any Net Settlement Amount owed to the Non-Defaulting Party against any margin or other collateral held by a party it in connection with any Credit Support Obligation relating to the Contract.

Appears in 1 contract

Samples: Vanguard Natural Resources, LLC

Other Agreement Setoffs Do Not Apply. 10.3.2. 10.3.2 The Non-Defaulting Party shall net or aggregate, as appropriate, any and all amounts owing between the parties under Section 10.3.1, so that all such amounts are netted or aggregated to a single liquidated amount payable by one party to the other (the “Net Settlement Amount”). At its sole option and without prior Notice to the Defaulting Party, the Non-Defaulting Party may setoff any Net Settlement Amount against any margin or other collateral held by a party in connection with any Credit Support Obligation relating to the Contract.

Appears in 1 contract

Samples: Montauk Renewables, Inc.

Other Agreement Setoffs Do Not Apply. 10.3.2. 7.3 The Nonnon-Defaulting Party defaulting party shall net or aggregate, as appropriate, any and all amounts owing between the parties under Section 10.3.17.1, so that all such amounts are netted or aggregated to a single liquidated amount payable by one party to the other (the “Net Settlement Amount”). At its sole option and without prior Notice to the Defaulting Partydefaulting party, the Nonnon-Defaulting Party defaulting party may setoff any Net Settlement Amount against any margin or other collateral held by a party it in connection with any Credit Support Obligation relating to the Contract.

Appears in 1 contract

Samples: naesb.org

Other Agreement Setoffs Do Not Apply. 10.3.2. The Non-Defaulting Party shall net or aggregate, as appropriate, any and all amounts owing between the parties under Section 10.3.1, so that all such amounts are netted or aggregated to a single liquidated amount payable by one party to the other (the "Net Settlement Amount"). At its sole option and without prior Notice to the Defaulting Party, the Non-Defaulting Party may setoff any Net Settlement Amount owed to the Non-Defaulting Party against any margin or other collateral held by a party it in connection with any Credit Support Obligation relating to the Contract.

Appears in 1 contract

Samples: Corning Natural Gas Corp

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