Set-off means set-off, offset, combination of accounts, right of retention or withholding or similar right or requirement to which the payer of an amount under Section 6 is entitled or subject (whether arising under this Agreement, another contract, applicable law or otherwise) that is exercised by, or imposed on, such payer.
Set-off means the reduction by NYSERDA of a payment due a Contractor by an amount equal to the amount of an unpaid legally enforceable debt owed by the Contractor to NYSERDA.
Set-off means the reduction by the Authority of a payment due a Contractor by an amount equal to the amount of an unpaid legally enforceable debt owed by the Contractor to the Authority.
More Definitions of Set-off
Set-off is defined in Section 12.7 hereof.
Set-off means set-off, offset, combination of accounts, right of retention or withholding or similar right or requirement to which the payer of an amount under Section 6 is entitled or subject (whether arising under this agreement, another contract, applicable law or otherwise) that is exercised by, or imposed on, such payer.
Set-off means the reduction by the CUCF of a payment due to a contractor by an amount equal to the amount of an unpaid legally enforceable debt owed by the contractor to the CUCF.
Set-off means set-off, offset, combination of accounts, right of retention or deducting, netting, recouping, withholding or similar right or requirement to which a party is entitled or subject (whether arising under this Agreement, any Transaction, applicable law or otherwise) that is exercised by, or imposed on, such party;
Set-off means any set-off, off-set, rescission, counterclaim, reduction, deduction or defense.
Set-off means any right of set off, rescission, counterclaim, reduction, deduction or defense.
Set-off means set-off, netting, counterclaim, abatement or other similar remedy and, if "Set Off" is used as a verb in these Conditions, it shall be construed accordingly.