Common use of O ffset Clause in Contracts

O ffset. Notwithstanding anything to the contrary herein, City may, at its option, offset any amounts due and payable under this Agreement against any debt (including taxes) lawfully due to City from TEATRO DALLAS, regardless of whether the amount due arises pursuant to the terms of this Agreement, or otherwise and regardless of whether or not the debt due to such party has been reduced to judgment by a court.

O ffset. Notwithstanding anything to the contrary herein, City may, at its option, offset any amounts due and payable under this Agreement against any debt (including taxes) lawfully due to City from TEATRO DALLASCARA MIA, regardless of whether the amount due arises pursuant to the terms of this Agreement, or otherwise and regardless of whether or not the debt due to such party has been reduced to judgment by a court.