Offsetting definition

Offsetting means the application of a credit against the amount due on a claim in place of a corrective cash payment for FIP and RCA, or a restoration of lost benefits for food assistance, or PROMISE JOBS overpayment by withholding all or a portion of future payments in the same category as the payments were originally made.

Offsetting means the repayment of a debt by setoff of a state warrant or setoff of state income tax refunds or federal tax refunds and federal payments.

Offsetting means the application of a credit against the amount due on a claim in place of a correc- tive cash payment for ADC/FIP and RCA, or a restoration of lost benefits for food stamps, and the recovery of a Transitional Child Care or PROMISE JOBS overpayment by withholding all or a portion of future payments in the same category as defined in Iowa Administrative Code 441—93.51(249C) and 441—49.13(239).

Examples of Offsetting in a sentence

• The Buyer may become the legal owner of the Underlying Shares only upon: (1) the payment of the Acquisition Price no later than June 30, 2023 (final payment date); or (2) full discharge of the payment obligations with respect to the Acquisition Price by reason of offsetting mutual claims between creditors and debtors pursuant to the Claims Offsetting Agreement otherwise entered into by the Parties, and satisfaction of other conditions to be satisfied hereunder, whichever is later.

• Offsetting deposit proceeds against the Bank’s counterclaims on the Customer (solely on the basis of the Bank’s written statement to the Customer, sent to the Customer’s address indicated to the Bank) is subject to the respective provisions of the Greek Civil Code.

• This repayment can be satisfied by: • Requiring repayment of the amount to the plan • Withholding the amount from the participant’s compensation (employers should check with their legal counsel regarding state law) • Offsetting the amount with a substitute valid claim If the amount is not satisfied within a reasonable time, the card must be deactivated until it is satisfied.

• Offsetting If we owe you money, we may offset that amount against (use it to reduce) balances owed to us across this and other accounts.

• Offsetting some of these gains was lower securitization and fee income.

More Definitions of Offsetting

Offsetting means the process of reducing the amount of benefits to be restored to satisfy an outstanding overpayment against the household.

Offsetting means the process by which the amount payable by a Developer for off-site levies is offset against the Developer’s cost to construct qualified off-site infrastructure identified within the Bylaw.

Offsetting means a purchase of credits, such as carbon or plastic credits, or provision of financial support for environmental projects, such as reforestation and renewable energy installations, to compensate for the purchaser's own environmental impact, or that of their goods or services;

Offsetting means the application of a credit against the amount due on a claim in place of a corrective cash payment for ADC and RCA, or a restoration of lost bene­ fits for food stamps, and the recovery of a Transitional Child Care or PROMISE JOBS overpayment by withhold­ ing all or a portion of future payments in the same catego­ ry as defined in Iowa Administrative Code 441 — 93.51(249C) and 441 — 49.13(73GA,ch318).

Offsetting positive benefit amounts with "negative" benefit amounts, either across different kinds of rubber or across different months of the period of investigation, in the OTR investigation (ibid., para. 17.1(c)(iv); see also para. 11.68);

Offsetting means the temporary utilisation of survey marks at a known position relative to the existing control mark. From these survey marks, a permanent new control mark will be reinstated after site works have been completed.

Offsetting means an increase that is matched by a decrease with no