Reductions in Payments Due. Amounts due the Exchange by Contractor, including but not limited to liquidated or other damages, or claims for damages, may be deducted or set-off by the Exchange from any money payable to Contractor pursuant to this Agreement. The Exchange shall provide Notice to Contractor of any such deduction or set-off and ten business days opportunity to cure the breach resulting in such damages or resolve the claims for damages prior to exercising such deductions or set-offs.
Appears in 2 contracts
Sources: Administration of the Small Business Health Options Program (Shop), Administration Agreement
Reductions in Payments Due. Amounts due the Exchange by Contractor, including but not limited to liquidated or other damages, or claims for damages, may be deducted or set-off by the Exchange from any money payable to Contractor pursuant to this Agreement. The Exchange shall provide Notice to Contractor of any such deduction or set-off and ten business days opportunity to cure the breach resulting in such damages or resolve the claims for damages prior to exercising such deductions or set-offs.
Appears in 1 contract
Sources: Model Contract