Offset Amounts definition

Offset Amounts means the following amounts (net of any applicable taxes):

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Offset Amounts means any damages incurred by Company as a result of Cause, as determined by the Arbitrators.

Offset Amounts shall have the meaning set forth in Section 8.3(a).

Examples of Offset Amounts in a sentence

The Offset Amounts shall include without limitation: (1) all amounts being charged to SCO Supplier as a result of its participation in this SCO Program, (2) all amounts owed directly to Columbia by SCO Supplier, (3) all amounts for which Columbia is or may be held responsible if not paid by SCO Supplier, including without limitation any and all capacity charges billed by interstate pipeline companies, and (4) all other amounts which Columbia is entitled to recoup.
Company shall use commercially reasonable efforts to pursue any insurance claims relating to Offset Amounts or Fraud Losses.
To the extent that Company is entitled to any Offset Amounts or reimbursement of Fraud Losses as expressly provided for herein, Manager shall be entitled to receive any subsequent recoveries from any insurance policies relating to such Offset Amounts.
If, in calculating the amount of Developed Properties Net Deductions for any Payment Period, the Developed Properties Offset Amounts exceed the Developed Properties Gross Deductions, then the Developed Properties Net Deductions for that Payment Period shall be zero, and such excess shall be applied to reduce the Developed Properties Net Deductions in each succeeding Payment Period until exhausted.
No such Transfer, mortgage or pledge will affect the method of computing Gross Profits, Excluded Proceeds, Net Deductions, Gross Deductions, Offset Amounts or Net Profits, or impose any additional obligation or liability on Grantor.
For purposes of clarification, in the event of any offset pursuant to this Section 7.2(f), the Covered Party must first seek indemnification for any Losses under this Article VII against any Offset Amounts and thereafter against the Seller for Losses in excess of any Offset Amounts up to the Cap Amount.
If, in calculating the amount of Remaining Properties Net Deductions for any Payment Period, the Remaining Properties Offset Amounts exceed the Remaining Properties Gross Deductions, then the Remaining Properties Net Deductions for that Payment Period shall be zero, and such excess shall be applied to reduce the Remaining Properties Net Deductions in each succeeding Payment Period until exhausted.
Company shall also pay to Manager a profit participation (“Profit Participation”) in an amount equal to the Profit Participation Percentage of the Incentive Profits minus any Offset Amounts and Fraud Losses (without double counting).
The Offset Amounts, if any, shall be distributed by the Escrow Agent to the Company.
If, as of April 30, 2019, the Unapplied First Pool Underage is greater than zero ($0), Purchaser shall, or shall cause First Pool Purchaser Holdco to, pay to Class A Holders an amount equal to the lesser of (i) the Unapplied First Pool Underage and (ii) the aggregate of all First Pool Offset Amounts.

More Definitions of Offset Amounts

Offset Amounts has the meaning set forth in Section 9.5(d) hereof.

Offset Amounts shall have the meaning set forth in Section 8.7.

Offset Amounts means the aggregate amounts of any and all amounts owed to third parties by Seller as of the Closing Date which are chargeable against or recoverable from the Collective Interest or proceeds therefrom, including, without limitation in respect of any outstanding Taxes, judgments against the Seller, outstanding loans to the Seller and any and all unrecouped advances as of the Closing Date.

Offset Amounts has the meaning set forth in Section 2.5(b).

Offset Amounts has the meaning set forth in Section 7.7.

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