Setoffs definition

Setoffs means a state income tax refund, rebate or payment owed to a person by a state agency as described in the process found at 701—Chapter 26 and in rules 441—98.28(252B) and 441—98.29(252B).
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Setoffs means a state income tax refund, rebate or payment owed to a person by a state agency as described in the process found at 701—Chapter 26 and in rules 441—98.28(252B) and 441—98.29(252B). [ARC 8964C, IAB 2/19/25, effective 4/1/25]
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Setoffs means those amounts withheld by Acquiror from the Gross Contingent Consideration to satisfy the indemnification obligations of the Effective Time Holders pursuant to Section 3.9 and Article 12 in respect of Special Claims in excess of the Primary Escrow Amount.
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Examples of Setoffs in a sentence

  • Set-offs or the exercise of a right of retention by the Supplier due to counterclaims that are disputed or have not been legally established is excluded.

  • Payments Generally; Pro Rata Treatment; Sharing of Set-offs SECTION 2.19.

  • Payments Generally; Pro Rata Treatment; Sharing of Set-offs.............................

  • Payments Generally; Pro Rata Treatment; Sharing of Set-offs.......

  • Setoffs to collect state and other entity obligations under this chapter and chapters 270A and 270C, and any other provision of Minnesota Statutes occur before a state payment offset.

  • Pro Rata Treatment; Sharing of Set-offs..............................

  • The parties have selected either "Other Agreement Setoffs Apply" or "Other Agreement Setoffs Do Not Apply" as indicated on the Base Contract.

  • Pro Rata Treatment; Sharing of Set-offs.............................

  • Payments Generally; Pro Rata Treatment; Sharing of Set-offs..........................

  • Payments Generally; Pro Rata Treatment; Sharing of Set-offs................................................


More Definitions of Setoffs

Setoffs shall have the meaning set forth in Section 3.1.
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Related to Setoffs

  • 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;

  • 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.