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Set-off (law)

en.wikipedia.org/wiki/Set-off_(law)

In law, a set-off is an equitable defence to the whole or to a portion of a plaintiff's claim. A set-off ... Set-off can also be incorporated by contractual agreement so that, where a party defa...

"Setoff" and "Offset" - Adams on Contract Drafting

www.adamsdrafting.com/setoff-and-offset/

Feb 9, 2014 ... As a verb, the term is written as two words—e.g.: “on the other hand, a subsequent agreement between the parties to set-off [read set off] a ...

Set-Off Clause Definition | Investopedia

www.investopedia.com/terms/s/set-off-clause.asp

A set-off clause can also refer to a settlement of mutual debt between a ... be acquainted with the significance of covenants in corporate bond agreements.

PLC - Loan Agreement: Right of Set-off Clause

us.practicallaw.com/8-383-3170

A Standard Clause for loan agreements whereby the borrower grants the agent banks, lenders and their affiliates the right to set-off deposits and other ...

Netting and set-off under the 1992 ISDA master agreement ...

www.allenovery.com/publications/en-gb/Pages/Netting-and-set-off-under-the-1992-ISDA-master-agreement.aspx

Apr 20, 2015 ... Amounts payable under any other agreement can only reduce the Early Termination Amount to the extent they can be set off. The judgment ...

M&A Deal Structuring: Why Setoff Rights Matter - Wyche

www.wyche.com/insights/wyche-articles/ma-deal-structuring-why-setoff-rights-matter/

Aug 3, 2012 ... When negotiating M&A agreements, buyers and sellers focus heavily on indemnification provisions, escrows, and guaranties. In contrast, setoff ...

Sample Provisions: Right of Setoff (Credit Agreement) - Lexis Advance

advance.lexis.com/open/document/lpadocument/?pdmfid=1000522&crid=dXJuOmNvbnRlbnRJdGVtOjVHSEMtN1hNMS1GR0pSLTIyU0gtMDAwMDAtMDA&pddocfullpath=/shared/document/forms/urn:contentItem:5GHC-7XM1-FGJR-22SH-00000-00&pdcomponentid=126260

This form is an example of a standard right of setoff provision for a credit agreement in a typical syndicated loan transaction. Setoff is a common law concept that ...

AGREEMENT - MUNICIPAL

www.da.ks.gov/ar/setoff/munagree.pdf

The Municipality desires to enter into this agreement for the purpose of utilizing the debt ... debts submitted by the Municipality to the State Debt Setoff Program.

Article 8.1 (Conditions of set-off)

www.unilex.info/instrument.cfm?pid=2&pos=149&do=comment

For a party to be allowed to set off its own obligation against the obligation of the ... securities are easily convertible and if there is no agreement to the effect that ...

III.1 - Set-off - Trans-Lex.org Law Research

www.trans-lex.org/916000

The Debtors or the Liquidating Trust may, but shall not be required to, set-off against, or recoup from, any Claim (for ...

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Set-Off Agreement | FindLegalForms.com

www.findlegalforms.com

This Set-Off Agreement is between two parties who are indebted to each other and agree to set-off the full amount of one party's indebtedness. This agreement ...

Contractual set-off clauses in loan agreements - Lexology

www.lexology.com

Jan 5, 2012 ... Where two parties owe each other money, it often makes sense for one of the parties to employ the concept of 'set-off' to reduce or eliminate its ...

Settlement Agreement - Liquidmetal Korea Co. Ltd. and Growell ...

contracts.onecle.com

Jan 10, 2004 ... The Setoff Agreement is attached to this Settlement Agreement as Attachment 3. 3 <PAGE> ARTICLE 7 VALUE-ADDED TAXES Liquidmetal ...