Setoff and Priority. All funds that First Data owes to the Company under this Agreement are subject to the Company’s payment obligations under this Agreement. First Data may set off amounts (i) the Company owes to First Data under this or any other agreement; or (ii) any amount the Company owes to First Data’s affiliates under this Agreement or any other agreement; against any funds that First Data owes to the Company.
Appears in 7 contracts
Samples: Merchant Agreement General Terms, Merchant Agreement General Terms, Merchant Agreement General Terms
Setoff and Priority. All funds that First Data owes to the Company under this Agreement are subject to the Company’s payment obligations under this Agreement. First Data may set off amounts (i) the Company owes to First Data under this or any other agreement; or (ii) any amount the Company owes to First Data’s affiliates under this Agreement or any other agreement; against any funds that First Data owes to the Company.
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Samples: Merchant Agreement General Terms