Matured obligations Sample Clauses
POPULAR SAMPLE Copied 20 times
Matured obligations. The right to set off any due and payable obligation owed to it by the Company under the Finance Documents against any due and payable obligation owed by the Bank to the Company, regardless of the place of payment, booking branch or currency of either obligation.
Matured obligations. The right to set off any due and payable obligation owed to it by the Borrower under the Finance Documents (to the extent beneficially owned by such Finance Party) against any due and payable obligation owed by such Finance Party to the Borrower, regardless of the place of payment, booking branch or currency of either obligation.