Common use of Recoupment and Set-Off Clause in Contracts

Recoupment and Set-Off. Each Provider has the right of recoupment and offset. Specifically, each Provider may offset or recoup any outstanding/uncollected amounts owed by Merchant under or in connection with this Agreement from: (a) any amounts Provider would otherwise be obligated to deposit into the Account;

Appears in 3 contracts

Sources: Merchant Agreement, Merchant Agreement, Merchant Agreement