Common use of Rights of Offset Clause in Contracts

Rights of Offset. The parties acknowledge and agree that, to the extent a Party is at any time owed money by the other Party, such Party may set off such amount against any monies owed by such Party from time to time to such other Party, said set-off to be accomplished by written notice to such other Party effective upon being sent.

Rights of Offset. The parties acknowledge and agree that, to the extent a Party party is at any time owed money by the other Partyparty that is either immediately due and payable or is overdue, such Party party may set off such amount against any monies owed by such Party party from time to time to such other Partyparty, said set-off to be accomplished by written notice to such other Party party effective upon being sent.

Rights of Offset. The parties Parties acknowledge and agree that, to the extent a Party is at any time owed money by the other Party, such Party may set off such amount against any monies owed by such Party from time to time to such other Partyparty, said set-off to be accomplished by written notice to such other Party effective upon being sent.

Rights of Offset. The parties acknowledge and agree that, to the extent a Party is at any time owed money by the other Party, such Party may set off such amount against any monies owed by such Party from time to time to such other Party, said set-off to be accomplished by written notice to such other Party effective upon being sent. 18.