offsets definition

offsets means those conditions imposed or considered by an entity prior to, or in the course of its procurement process, that encourage local development or improve its Party's balance of payments accounts by means of requirements of local content, licensing of technology, investment, counter-trade or similar requirements;
offsets means any condition or undertaking that encourage local development or improve a Party's balance-of-payments accounts, such as the use of domestic content, the licensing of technology, investment, counter-trade, and similar actions;
offsets in government procurement means any conditions or undertakings that encourage local development or improve balance of payments accounts, such as the use of domestic content, the licensing of technology, investment, counter-trade and similar action.

Examples of offsets in a sentence

  • The Cross-Margining Reduction at each Clearing Organization is equal to the sum of the Margin Offsets at that Clearing Organization.


More Definitions of offsets

offsets has the meaning ascribed thereto in Section 12.11(a).
offsets means structures or actions that compensate for undesirable impacts.
offsets means amounts that are not included in the CCO Payment from OHA but that are received from other sources in relation to allowable expenses covered by this Risk Corridor. Offsets include but are not limited to Third Party Resources, Medicare, reinsurance (if any), or other funds or services that resulted in reduction of expenses. Offsets are calculated on an accrual basis.
offsets means any condition or undertaking that encourages local development or improves a Party's balance-of-payments accounts, such as the use of domestic content, the licensing of technology, investment, counter-trade, and similar actions or requirements;
offsets. Any amount payable to Employee pursuant to this Agreement may be reduced for purposes of offsetting, either directly or indirectly, any indebtedness or liability of Employee to the Company.
offsets are the Social Security Offset and the 401k Offset, (as hereinafter defined):
offsets means any amounts of income paid or payable to the insured employee under Workers’ Compensation or any other disability retirement plan provided by governmental agencies, including any payments for which the dependent may qualify as a result of the employee’s disability under such plan, and any disability payments under any other group disability, income plan, or any other disability benefits paid through a retirement program.