Setoff definition

Setoff has the meaning set forth in Section 8.07.

Setoff means the withholding of part or all of income tax

Setoff has the meaning set forth in Section 2.3.2 below.

Examples of Setoff in a sentence

• If the State does not receive payment within such time, the State may setoff the amount from any moneys which the State would otherwise be obligated to pay the Contractor in accordance with this Contract's Setoff provision.

• Other Contingent and Unliquidated Claims or Causes of Action of Every Nature, including Counterclaims of the Debtor and Rights to Setoff Claims.

• Set-off Without prejudice to any other rights to which we may be entitled, we may at any time and without notice to you set off any amount (whether actual or contingent, present or future) owed by you to us against any amount (whether actual or contingent, present or future) owed by us to you.

• The amount, if any, payable in respect of an Early Termination Date and determined pursuant to this Section will be subject to any Set-off.

• Set-off on default If there is an Event of Default or this Agreement terminates, we shall set-off the balance of cash margin owed by us to you against your obligations (as reasonably valued by us).

More Definitions of Setoff

Setoff means, for the purpose of Section 4(e) of this CME-Cleared OTC Addendum:- .

Setoff as used herein means setoff, offset, combination of accounts, right of retention or withholding, or any similar right or requirement to which the Liquidating Party is entitled or subject to (whether arising under this Agreement, another contract, Applicable Law or otherwise) that is exercised by, or imposed on, the Liquidating Party.

Setoff shall have the meaning set forth in Section 1.5 and Section 1.87.

Setoff means a defense to the whole or a portion of the Consumer’s claim arising under the transaction in question but not amounts owing under other transactions.

Setoff means New York State’s right to withhold payment to defaulting vendors for cause as defined in the New York State Finance Law.

Setoff means the withholding of part or all of income tax refunds due individuals who owe debts to the State of Arkansas, a county, a city, or a town.

Setoff means the application of a person’s income tax refund or any other sums due to the person from the State, to a valid debt due and owing the [University] university pursuant to the authority granted by sections 231-51 to 231-59, Hawaii Revised Statutes.