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.