A set-off contract involves a set-off clause, which is a legal provision that allows a lender to seize a debtor's deposits if they default on a loan.
O.(1997) “Resolution of disputes arising from set-off clauses between MCs and subcontractors”, Construction Management and Economics, 15: 6, 527 – 537 : Kennedy P., Morrison A., and Milne D. O., "Resolution of Disputes Arising from Set-off Clauses Between Main Contractors and ...
Set-off clauses are most commonly used in loan agreements between lenders, such as banks, and their borrowers. They may also be used in other kinds of transactions where one party faces a risk of payment default, such as a contract between a manufacturer and a buyer of its goods. TheTrut...
Use of RIGHTS OF SETOFF in a Clause See All RIGHTS OF SETOFF clauses Open Split View ShareCite RIGHTS OF SETOFF. In the event that either Party shall default in any payment or other performance under this or any other Contract existing by and between the parties hereto, or if any suit...
2Setoff. If an Event of Default shall have occurred and be continuing, the Lender shall have the right to set off and apply against the Obligations in such manner as the Lender may determine, at any t...
except as set forth in clause 18 of the contract问题补充:匿名 2013-05-23 12:21:38 除规定在合同第18条 匿名 2013-05-23 12:23:18 除了第18条中的合同 匿名 2013-05-23 12:24:58 除了如被指出在合同的条目18 匿名 2013-05-23 12:26:38 除本合同第 18 条所述 匿名 2013-05-...
F.Vessel’s itinerary certificate as per Clause of this Contract,(required if the price in this Contract is based on CFR:not required if the price in this Contract is based on FOB.) 答案付款条件:买方应该在装船之日前15天就在卖方可接受的银行开通有效期为30天的不可撤消...
[translate] a1. Pursuant to Clause 5 of the Contract, the cargo price was payable by presenting, inter alia, a full set of Clean on Board Bill of Lading made “To Order” and marked “freight prepaid”. [translate] 英语翻译 日语翻译 韩语翻译 德语翻译 法语翻译 俄语翻译 阿拉伯语翻译 西班...
ServiceContract SessionOption SessionOptionKind SessionTimeoutPayloadOption SetClause SetCommand SetCommandStatement SetErrorLevelStatement SetFipsFlaggerCommand SetIdentityInsertStatement SetOffsets SetOffsetsStatement SetOnOffStatement SetOptions SetRowCountStatement SetSearchPropertyListAlterFullText...
ServiceContract SessionOption SessionOptionKind SessionTimeoutPayloadOption SetClause SetCommand SetCommandStatement SetErrorLevelStatement SetFipsFlaggerCommand SetIdentityInsertStatement SetOffsets SetOffsetsStatement SetOnOffStatement SetOptions SetRowCountStatement ...