Rights of Setoff. If RadioShack incurs obligations to Sprint Spectrum pursuant to the Master Agreement or under this Addendum, Sprint Spectrum will be entitled to offset any such obligations first against Activation Fee payments (other than Activation Fee payments being withheld, if any), and thereafter against aggregate compensation payments due RadioShack from Sprint Spectrum as provided under the terms of this Addendum.
Appears in 3 contracts
Sources: Master Agreement (Sprint Spectrum L P), Master Agreement (Sprint Spectrum Finance Corp), Master Agreement (Sprint Spectrum L P)