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Set-off (law) - Wikipedia


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 ...

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


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 ...

Got Setoff Rights? Think Again - Lowenstein Sandler

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.

PLC - Loan Agreement: Right of Set-off Clause


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 ...

Set-Off Agreement by Commercial Property - Law Insider


Apr 15, 2010 ... Set-Off Agreement filed by Commercial Property on April 15th, 2010.

Article 8.1 (Conditions of set-off)


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 ...

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


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 ...

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


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

The Rights of Setoff and Recoupment


Getting to Know your two Best Friends: The Rights of Setoff .... settlement agreement did not convert a pre-petition fraud claim into a post-petition contract claim; ...

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Set-Off Clause Definition | Investopedia


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.

Set-Off Agreement | 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


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 ...