Set-off Against Termination Payments. The Province may set off against any Termination Payment the amounts of any Payment Adjustments (excluding Traffic Volume Adjustments) triggered prior to the termination and not set off against a Payment; provided that where Section 18.9 applies the Province shall be entitled to claim a set-off only to the extent that the net Termination Payment is not reduced below the amount of the Redemption Payment.
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Samples: Design, Build, Finance and Operate Agreement, Dbfo Agreement, Design, Build, Finance and Operate Agreement
Set-off Against Termination Payments. The Province may set off against any Termination Payment the amounts of any Payment Adjustments (excluding Traffic Volume Adjustments) set off under Section 9.8 triggered prior to the termination and not set off against a Payment; provided that where Section 18.9 applies the Province shall be entitled to claim Progress Payment or a set-off only to the extent that the net Termination Payment is not reduced below the amount of the Redemption Payment.
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Set-off Against Termination Payments. The Province may set off against any Termination Payment the amounts of any Payment Adjustments (excluding Traffic Volume Adjustments) triggered prior to the termination and not set off against a Payment; provided that where Section 18.9 applies the Province shall be entitled to claim a set-off only to the extent that the net Termination Payment is not reduced below the amount of the Redemption Payment.
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Set-off Against Termination Payments. The Province may set off against any Termination Payment the amounts of any Payment Adjustments set off under Section 8.12 (excluding Traffic Volume AdjustmentsSet-Off) triggered prior to the termination and not set off against a Payment; provided that where Section 18.9 applies the Province shall be entitled to claim a set-off only to the extent that the net Termination Payment is not reduced below the amount of the Redemption Payment.
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Samples: Agreement to Design and Build