Template:ISDA New York Law Credit Support Annex 2016 Set-off: Difference between revisions
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“'''{{nyvmcsaprov|Set-off}}'''” means | “'''{{nyvmcsaprov|Set-off}}'''” means [[set-off]], offset, [[combination of accounts]], right of retention or [[Withholding tax|withholding]] or similar right or requirement (whether arising under this {{isdaprov|Agreement}}, another {{csaprov|contract}}, applicable law [[or otherwise]]) and, when used as a [[verb]], the exercise of any such right or the imposition of any such requirement.<br> | ||
Latest revision as of 11:16, 14 January 2020
“Set-off” means set-off, offset, combination of accounts, right of retention or withholding or similar right or requirement (whether arising under this Agreement, another contract, applicable law or otherwise) and, when used as a verb, the exercise of any such right or the imposition of any such requirement.