Common use of Recovery of Money Clause in Contracts

Recovery of Money. Whenever, under the contract, any sum of money shall be recoverable from or payable by Contractor to MDRS, the same amount may be deducted from any sum due to Contractor under the contract or under any other contract between Contractor and MDRS. The rights of MDRS are in addition and without prejudice to any other right MDRS may have to claim the amount of any loss or damage suffered by MDRS on account of the acts or omissions of Contractor.

Recovery of Money. Whenever, under the contract, any sum of money shall be recoverable from or payable by Contractor to MDRSthe MDHS, the same amount may be deducted from any sum due to Contractor under the contract or under any other contract between Contractor and MDRSthe MDHS. The rights of MDRS the MDHS are in addition and without prejudice to any other right MDRS the MDHS may have to claim the amount of any loss or damage suffered by MDRS the MDHS on account of the acts or omissions of Contractor.