Common use of Setoff Payments Clause in Contracts

Setoff Payments. Notwithstanding anything to the contrary contained herein, before being required to make any payments under Clause 11.1 the Seller will have the right to apply any and all sums previously paid by the Buyer to the Seller with respect to an Aircraft to the payment of any other amounts the Buyer or any of its Affiliates owes to the Seller or any Affiliate thereof under any agreement between them.

Setoff Payments. Notwithstanding anything to the contrary contained herein, before being required to make any payments under Clause 11.1 to the Buyer, the Seller will have the right to apply any and all sums previously paid by the Buyer to the Seller with respect to an Aircraft to the payment of any other amounts owed by the Buyer or any of its Affiliates owes to the Seller or any Affiliate thereof which, at the time of the setoff are past due (i) under this Agreement or (ii) under any other agreement between them.them when the amount owed under any such agreement is in excess of *****

Setoff Payments. Notwithstanding anything to the contrary contained herein, before being required to make any payments under Clause Clauses 11.1 or 11.3 above, the Seller will have the right to apply any and all sums previously paid by the Buyer to the Seller with respect to an Aircraft as to which this Agreement has been terminated to the payment of any other amounts the that any Buyer or any Affiliate of its Affiliates the Buyer owes to the Seller or any Affiliate thereof under any agreement between them.

Setoff Payments. Notwithstanding anything to the contrary contained herein, before being required to make any payments under Clause 11.1 the Seller will have the right to apply any and all sums previously paid by the Buyer to the Seller with respect to an a terminated Aircraft to the payment of any other amounts the Buyer or any of its Affiliates owes to the Seller or any Affiliate thereof under any agreement between them, before being required to make any payments under 11.1 or 11.3.

Setoff Payments. Notwithstanding anything to the contrary contained herein, before being required to make any payments under Clause Clauses 11.1 or 11.3 above, the Seller will have the right to apply any and all sums previously paid by the Buyer Buyers, or any of them, to the Seller with respect to an Aircraft as to which this Agreement has been terminated to the payment of any other amounts the that any Buyer or any Affiliate of its Affiliates a Buyer owes to the Seller or any Affiliate thereof under any agreement between them.

Setoff Payments. Notwithstanding anything to the contrary contained herein, before being required to make any payments under Clause 11.1 payments, the Seller will have the right to apply any and all sums previously paid by the Buyer to the Seller with respect to an Aircraft to the payment of any other amounts the Buyer or any of its Affiliates owes to the Seller or any Affiliate thereof under any agreement between themthis Agreement. No other setoff by the Seller shall be permitted.