Common use of SET-OFF AND LIEN Clause in Contracts

SET-OFF AND LIEN. 29.1 NCB Capital shall be entitled at any time and without notice to the Client, to retain or make deductions from or set off amounts or credit balances which NCB Capital may owe to the Client or is holding for the Client in order to meet any liabilities which the Client may have incurred or NCB Capital may have incurred on the Client's behalf.

SET-OFF AND LIEN. 29.1 NCB Capital shall be entitled at any time and without notice to the Client, to retain or make deductions from or set off amounts or credit balances which NCB Capital may owe to the Client or is holding for the Client in order to meet any liabilities which the Client may have incurred or NCB Capital may have incurred on the Client's ’s behalf.