Setoff definition

Setoff has the meaning set forth in Section 8.07.
Setoff means the withholding of part or all of income tax
Setoff has the meaning set forth in Section 2.3.2 below.

Examples of Setoff in a sentence

  • Provisions of this Order which by their nature should apply beyond their terms will remain in force after any termination or expiration of this Order including, but not limited to, the following provisions: Set-off, Warranties, General Indemnification, Intellectual Property, Indemnification, Insurance, Compliance with Laws, Confidentiality, Governing Law, Alternative Dispute Resolution, and Survival.

  • Set-off on default If there is an Event of Default or this Agreement terminates, we shall set- off the balance of cash margin owed by us to you against your obligations (as reasonably valued by us).

  • Set-off by the Guest is excluded unless the set- off relates to an undisputed or legally confirmed claim.

  • Set-off Without prejudice to any other rights to which we may be entitled, we may at any time and without notice to you set off any amount (whether actual or contingent, present or future) owed by you to us against any amount (whether actual or contingent, present or future) owed by us to you.


More Definitions of Setoff

Setoff means, for the purpose of Section 4(e) of this CME-Cleared OTC Addendum:- .
Setoff as used herein means setoff, offset, combination of accounts, right of retention or withholding, or any similar right or requirement to which the Liquidating Party is entitled or subject to (whether arising under this Agreement, another contract, Applicable Law or otherwise) that is exercised by, or imposed on, the Liquidating Party.
Setoff shall have the meaning set forth in Section 1.5 and Section 1.87.
Setoff means a defense to the whole or a portion of the Consumer’s claim arising under the transaction in question but not amounts owing under other transactions.
Setoff means New York State’s right to withhold payment to defaulting vendors for cause as defined in the New York State Finance Law.
Setoff means the withholding of part or all of income tax refunds due individuals who owe debts to the State of Arkansas, a county, a city, or a town.
Setoff means the application of a person’s income tax refund or any other sums due to the person from the State, to a valid debt due and owing the [University] university pursuant to the authority granted by sections 231-51 to 231-59, Hawaii Revised Statutes.