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...
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 ...
A set-off clause can also refer to a settlement of mutual debt between a creditor ...
of clause is commonly included in bond indentures and mortgage agreements.
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 ...
Right of Set-Off. Upon the occurrence and during the continuance of any Event of
... Appears in 1 contract Revolving Credit Agreement (Laclede Group, Inc.).
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 ...
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 ...
Dec 30, 2011 ... Exhibit 4.41. [Note: Translation from the original agreement written in Chinese].
Debt Setoff Agreement. This agreement was signed in Beijing ...
Jan 10, 2004 ... The Setoff Agreement is attached to this Settlement Agreement as Attachment 3.
3 <PAGE> ARTICLE 7 VALUE-ADDED TAXES Liquidmetal ...
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 ...