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...
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 ...
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 ...
www.lexisnexis.com/uk/lexispsl/bankingandfinance/document/391289/55KB-65S1-F185-X13T-00000-00/Set-off and netting—overview
Contractual set-off arises where a right of set-off has been created by contractual
agreement. It is used when contracting parties want to extend or limit set-off ...
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 ...
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.
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 ...
www.lowenstein.com/files/Publication/30c4461e-c296-46c3-8a8f-d2e5dc6c6d4b/Presentation/PublicationAttachment/87ff39dd-5243-4aad-8cbe-db9dda3debbd/Got Setoff Rights Think Again.pdf
provisions, or other setoff agreements to allow triangular setoff, because they do
not satisfy the mutuality requirement for setoff found in the Bankruptcy Code. 2.
Dec 30, 2011 ... Exhibit 4.41. [Note: Translation from the original agreement written in Chinese].
Debt Setoff Agreement. This agreement was signed in Beijing ...
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 ...