Encyclopedia

Agreement on Mutual Set-Off


"Set-off Agreement" means an agreement between two or more Parties which provides for one or more of the following actions:

i) netting of payments due in the same currency on the same date, whether by novation or any other method;

ii) in the event of insolvency or failure to perform obligations by one of the Parties - termination of all outstanding transactions with settlement at replacement cost or market price, recalculation of such monetary amounts into a single currency and payment after set-off as a single amount by one Party to another Party; or

iii) set-off of amounts calculated in accordance with the procedure provided in sub-paragraph "ii" of this article, under two or more set-off agreements

Source: "UN Convention on the Assignment of Receivables in International Trade"

Морфология

Род

Понятие «соглашение о взаимозачете» среднего рода.

Склонение и число

Падеж Единственное число Множественное число
Р соглашения о взаимозачете соглашения о взаимозачете
Д соглашению о взаимозачете соглашению о взаимозачете
В соглашение о взаимозачете соглашение о взаимозачете
Т соглашением о взаимозачете соглашением о взаимозачете
П соглашении о взаимозачете соглашении о взаимозачете
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