Common use of SET-OFF; RESERVATION OF ACCOUNT; CREDIT BALANCE Clause in Contracts

SET-OFF; RESERVATION OF ACCOUNT; CREDIT BALANCE. Company may recoup, set off, or credit against amounts payable to Supplier all present and future indebtedness of Supplier to Company arising from this or any other transaction with Supplier or any of its affiliates whether or not related hereto. If Company determines that Supplier’s performance under an Order and/or this Agreement is likely to be impaired, Company may establish a reserve or place a hold on Supplier’s Account to satisfy Supplier’s actual or anticipated obligations to Company arising from any such Order or this Agreement, by withholding payment of Supplier’s invoices. Company will disburse to Supplier any remaining amounts due on Supplier’s Account so held in reserve or release the hold if and when Company determines that the reserve is no longer necessary to secure Supplier’s obligations. Supplier will pay to Company in cash any credit balance upon written request. IMPORTANT NOTICE: ALL PAYMENTS OF MONIES OWED PURSUANT TO THIS SUPPLIER AGREEMENT AND PURCHASE ORDERS MUST BE MAILED TO THE FOLLOWING ADDRESS: WAL-MART STORES, INC./SAM’S CLUB, C/O CORPORATE ACCOUNTING, X.X. XXX 000000, XX. XXXXX, XXXXXXXX 00000-0000.

SET-OFF; RESERVATION OF ACCOUNT; CREDIT BALANCE. Company may recoup, set off, or credit off against amounts payable to Supplier under any Order all present and future indebtedness of Supplier to Company arising from this or any other transaction with Supplier or any of its affiliates whether or not related hereto. If Company determines that Supplier’s performance under an Order and/or this Agreement is likely to be impaired, Company may establish a reserve or place a hold on Supplier’s Account to satisfy Supplier’s actual or anticipated obligations to Company arising from any such Order or this Agreement, by withholding payment of Supplier’s invoices. Company will disburse to Supplier any remaining amounts due on Supplier’s Account so held in reserve or release the hold if and when Company determines agrees that the reserve is no longer necessary to secure Supplier’s obligations. Supplier will pay to Company in cash any credit balance will be paid in cash to Company upon written request. IMPORTANT NOTICE: ALL PAYMENTS OF MONIES OWED PURSUANT TO THIS SUPPLIER AGREEMENT AND PURCHASE ORDERS MUST BE MAILED TO THE FOLLOWING ADDRESS: WAL-MART STORES, INC./SAM’S CLUB, C/O CORPORATE ACCOUNTING, X.X. XXX 000000, XX. XXXXX, XXXXXXXX 00000-0000. Note: Any payments on your Wal-Mart or SAM’S CLUB Credit Card should be mailed to the billing address indicated on your credit card statement, not the address above.

SET-OFF; RESERVATION OF ACCOUNT; CREDIT BALANCE. Company may recoup, set off, or credit off against amounts payable to Supplier under any Order all present and future indebtedness of Supplier to Company arising from this or any other transaction with Supplier or any of its affiliates whether or not related hereto. If Company determines that Supplier’s 's performance under an Order and/or this Agreement is likely to be impaired, Company may establish a reserve or place a hold on Supplier’s 's Account to satisfy Supplier’s 's actual or anticipated obligations to Company arising from any such Order or this Agreement, by withholding payment of Supplier’s 's invoices. Company will disburse to Supplier any remaining amounts due on Supplier’s Account so held in reserve or release the hold if and when Company determines agrees that the reserve is no longer necessary to secure Supplier’s obligations. Supplier will pay to Company in cash any credit balance will be paid in cash to Company upon written request. IMPORTANT NOTICE: ALL PAYMENTS OF MONIES OWED PURSUANT TO THIS SUPPLIER AGREEMENT AND PURCHASE ORDERS MUST BE MAILED TO THE FOLLOWING ADDRESS: WAL-MART STORES, INC./SAM’S 'S CLUB, C/O CORPORATE ACCOUNTING, X.X. XXX 000000, XX. XXXXX, XXXXXXXX 00000-0000. Note: Any payments on your Wal-Mart or SAM'S CLUB Credit Card should be mailed to the billing address indicated on yourcredit card statement, not the address above.

SET-OFF; RESERVATION OF ACCOUNT; CREDIT BALANCE. Company may recoup, set off, or credit off against amounts payable to Supplier under any Order all present and future indebtedness of Supplier to Company arising from this or any other transaction with Supplier or any of its affiliates whether or not related hereto. If Company determines that Supplier’s performance under an Order and/or this Agreement is likely to be impaired, Company may establish a reserve or place a hold on Supplier’s Account to satisfy Supplier’s actual or anticipated obligations to Company arising from any such Order or this Agreement, by withholding payment of Supplier’s invoices. Company will disburse to Supplier any remaining amounts due on Supplier’s Account so held in reserve or release the hold if and when Company determines agrees that the reserve is no longer necessary to secure Supplier’s obligations. Supplier will pay to Company in cash any credit balance will be paid in cash to Company upon written request. IMPORTANT NOTICE: ALL PAYMENTS OF MONIES OWED PURSUANT TO THIS SUPPLIER AGREEMENT AND PURCHASE ORDERS MUST BE MAILED TO THE FOLLOWING ADDRESS: WAL-–MART STORES, INC./SAM’S CLUB, C/O CORPORATE ACCOUNTING, X.X. XXX 000000, XX. XXXXX, XXXXXXXX 00000-0000. Note: Any payments on your Wal–Mart or SAM’S CLUB Credit Card should be mailed to the billing address indicated on your credit card statement, not the address above.