Common use of Timing of Payment; No Offsets Clause in Contracts

Timing of Payment; No Offsets. Each Party will pay all amounts due by such Party pursuant to this Agreement within 10 days after the date upon which each such statement that is required to be provided hereunder is received by such Party. Neither Party shall offset any amounts owing to it by the other Party or any of its Subsidiaries against amounts payable by such Party hereunder or any other agreement or arrangement. All timely payments under this Agreement shall be made without early payment discount.

Appears in 3 contracts

Samples: Transition Services Agreement (Occidental Petroleum Corp /De/), Transition Services Agreement (California Resources Corp), Transition Services Agreement (California Resources Corp)

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Timing of Payment; No Offsets. Each Party will pay all amounts due by such Party pursuant to this Agreement within 10 days after the date upon which each such statement that is required to be provided hereunder is received by such Party. Neither Party shall offset any amounts owing to it by the other Party or any of its Subsidiaries against amounts payable by such Party hereunder or any other agreement or arrangement. All timely payments under this Agreement shall be made without early payment discount.

Appears in 2 contracts

Samples: Transition Services Agreement (Marathon Petroleum Corp), Transition Services Agreement (Marathon Petroleum Corp)

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Timing of Payment; No Offsets. Each Party will pay all undisputed amounts due by such Party pursuant to this Agreement within 10 30 days after the date upon which each such statement that is required to be provided hereunder is received by such Party. Neither Party shall offset any amounts owing to it by the other Party or any of its Subsidiaries Affiliates against amounts payable by such Party hereunder or any other agreement or arrangement. All timely payments under this Agreement shall be made without early payment discount.

Appears in 2 contracts

Samples: Transition Services Agreement (Western Union CO), Transition Services Agreement (Western Union CO)

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