Setoff Notice definition

Setoff Notice shall have the meaning set forth in Section 9.04.
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Setoff Notice has the meaning set forth in Section 7.7.
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Setoff Notice is defined in Section ‎9.3(g).
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Examples of Setoff Notice in a sentence

  • If the matter in dispute is not finally determined under section 39 within 30 days after the delivery of the Set-off Notice, any amount owed by WDCO or Glendale, as the case may be, to you under this Agreement or any other agreement or arrangement with you will be deposited into escrow with a mutually satisfactory escrow agent for disbursal in accordance with the determination pursuant to section 39.

  • If the Seller Representative does not so notify Purchaser of its intention to dispute Purchaser’s claim prior to the expiration of the Set-off Notice Period or a court of competent jurisdiction shall issue an order providing that Purchaser Indemnitees are entitled to such Losses, Purchaser may affect the Set-off after the expiration of the Set-off Notice Period.

  • If Sellers dispute the setoff they shall within sixty (60) days of Sellers’ receipt of the Setoff Notice, initiate an arbitration pursuant to Section 9.6 or Sellers will be deemed to have accepted the Setoff Notice.

  • Purchaser may provide a Setoff Notice in accordance with Section 7.1(b)(i), or seek payment from the Sellers, for any proposed adjustment upon a Final Determination thereof.

  • If the Seller gives notice to the Buyer disputing any Damages (a “Counter Notice”) within fifteen (15) Business Days following receipt by the Seller of the Setoff Notice, such dispute will be resolved as provided in subsection (iii) below.

  • If the Company fails to immediately transfer to Purchaser all or any portion of the Purchaser Shares to be forfeited, Purchaser may cancel on the books of Purchaser all or any portion of the Purchaser Shares set forth in the Setoff Notice.

  • If the parties fail to resolve any such disputes with respect to an indemnifiable Loss and set-off right set forth in an Indemnification Set-off Notice within the Set-off Resolution Period, Parent shall have the right to exercise such set-off and the Shareholder Representative shall have the right to seek remedy in law in accordance with the provisions of this Agreement.

  • Parent will have ten Business Days from the date of receipt of the Set-off Notice to object in writing to the Claimed Set-off (a “Set-off Dispute Notice”).

  • If the Seller does not pay the Setoff Amount within 60 days of the receipt of the Setoff Notice, interest shall accrue commencing upon the expiration of the 60 day period and be payable by the Seller to the Purchaser on such amount at the rate of 6.0%.

  • If the Seller consents to the deduction of the Setoff Amount from the GI Payment Amount or does not object to such deduction in a written notice to the Purchaser within 30 days of the Setoff Notice, the Purchaser shall deduct the Setoff Amount from the GI Payment Amount.

Related to Setoff Notice

  • Shelf Notice See Section 2(c) hereof.

  • OJEU Notice means the contract notice published in the Official Journal of the European Union.

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • Xxxxx Notice means the Notice of Grant of Stock Option accompanying the Agreement, pursuant to which Optionee has been informed of the basic terms of the option evidenced hereby.

  • Notice of Prepayment has the meaning assigned thereto in Section 2.4(c).

  • Tax Notice has the meaning set forth in Section 2.06(a).

  • Collection Notice means a notice, in substantially the form of Annex A to Exhibit VI, from the Agent to a Collection Bank or any similar or analogous notice from the Agent to a Collection Bank.

  • PAGA Notice means Plaintiff’s October 27, 2022, letter to Ansible and the LWDA providing notice pursuant to Labor Code section 2699.3, subd.(a).

  • Notice in Writing or written notice shall mean a notice in writing, type or printed characters sent (unless delivered personally or otherwise provided to have been received) by registered post to the last known private or business address or registered office of the addressee and shall be deemed to have been received when in the ordinary course of post it would have been delivered.

  • Notice of Dissent means a notice of dissent duly and validly given by a registered holder of Company Shares exercising Dissent Rights as contemplated in the Interim Order and as described in Article 4.

  • Step-In Notice has the meaning set out in Section 3.1;

  • Notice of Tender means, in connection with an Optional Tender, a notice, substantially in the form attached to the Tender and Paying Agent Agreement, delivered by a Beneficial Owner or its Agent Member to the Tender and Paying Agent, indicating an intention to tender VRDP Shares for sale on a Purchase Date pursuant to Section 1 of Part II of this Statement.

  • Email Notice means the legal notice summarizing the proposed Settlement terms, as approved by Class Counsel, Facebook’s Counsel, and the Court, to be provided to Class Members (including Minor Subclass Members), under Section 3.3 of this Agreement via electronic mail or the Facebook domain of xxx.xxxxxxxx.xxx. The Email Notice must be substantially similar to the form attached hereto as Exhibit 3.

  • Prepayment Notice means a notice by the Borrower to prepay Loans, which shall be in such form as the Appropriate Party may approve.

  • FOIA Notice means a decision notice, enforcement notice and/or an information notice;

  • Tender Notice means the Tender Notice set out in Part 1 of this TenderDocument;

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Payment Notice has the meaning assigned to it in Section 8.06(c).

  • Due notice means notice published at least twice, with an interval of at least six days between the two publication dates, in a newspaper or other publication of general circulation within the appropriate area; or, if no such publication of general circulation be available, by posting at a reasonable number of conspicuous places within the appropriate area, such posting to include, where possible, posting at public places where it may be customary to post notices concerning county or municipal affairs generally. At any hearing held pursuant to such notice, at the time and place designated in such notice, adjournment may be made from time to time without the necessity of renewing such notice for such adjourned dates.

  • Notice in writing or written notice means a notice in writing, typed or printed matters sent (unless delivered personally or otherwise proved to have been received) by registered post to the last known private or business address or registered office of the addressee and shall be deemed to have been received in the ordinary course of post, it would have been delivered.

  • Consent Notice has the meaning set forth in Section 4.6(a).

  • Notice of receipt means a written document that is issued by the

  • Acceptance and Prepayment Notice means a notice of the Borrower’s acceptance of the Acceptable Discount in substantially the form of Exhibit M.

  • Penalty Notice means a written no- tification from the Director informing a respondent that the Director has made a finding of violation and, absent a request for a hearing, will impose a civil monetary penalty.

  • Objection Notice has the meaning set forth in Section 2.3(a) of this Agreement.

  • Suspension Notice As defined in Section 6(d) hereof.