Common use of RECOVERY OF MONIES Clause in Contracts

RECOVERY OF MONIES. Any debt due from or moneys payable by the Supplier to Penske whether under this Agreement or otherwise may be deducted by Penske from any moneys due or to become due to the Supplier underthis Agreement. Penske is entitled to recover from the Supplier any balance that remains owing after deduction.

Appears in 3 contracts

Samples: Purchase Order Terms and Conditions, Purchase Order Terms and Conditions, Purchase Order Terms and Conditions

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RECOVERY OF MONIES. Any debt due from or moneys payable by the Supplier to Penske whether under this Agreement or otherwise may be deducted by Penske from any moneys due or to become due to the Supplier underthis under this Agreement. Penske is entitled to recover from the Supplier any balance that remains owing after deduction.

Appears in 2 contracts

Samples: Purchase Order Agreement, Purchase Order Agreement

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