Template:ISDA Master Agreement 1992 Set-off: Difference between revisions
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“'''{{ | “'''{{isda92prov|Set-off}}'''” means [[set-off]], offset, [[Combination of accounts|combination of accounts]], right of retention or [[Withholding tax|withholding]] or similar right or requirement to which the payer of an amount under Section {{isda92prov|6}} is entitled or subject (whether arising under this {{isda92prov|Agreement}}, another [[contract]], [[applicable law]] or otherwise) that is exercised by, or imposed on, such payer. <br> | ||
Latest revision as of 20:59, 18 April 2020
“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.