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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...

Set-off and netting—overview - Lexis®PSL, practical guidance for ...

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 ...

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 creditor ... of clause is commonly included in bond indentures and mortgage agreements.

Contractual set-off clauses in loan agreements - Lexology

www.lexology.com/library/detail.aspx?g=dc80d4a1-8354-4278-a1da-2e4f7e0f3d90

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 ...

General / Right of Set-Off - Law Insider

www.lawinsider.com/clause/general/right-of-set-off

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.).

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 ...

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 ...

Debt Setoff Agreement, dated December 30, 2011 - Sec

www.sec.gov/Archives/edgar/data/1290903/000119312512184482/d282428dex441.htm

Dec 30, 2011 ... Exhibit 4.41. [Note: Translation from the original agreement written in Chinese]. Debt Setoff Agreement. This agreement was signed in Beijing ...

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

contracts.onecle.com/liquidmetal/growell-settlement-2004-01-10.shtml

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

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 ...

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

www.adamsdrafting.com

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 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 ...

Got Setoff Rights? Think Again - Lowenstein Sandler

www.lowenstein.com

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.