FOLIO Ontology

Right of Set Off Clause

IRI:
https://folio.openlegalstandard.org/RDSlEZ7FiSZx0V5qw5KEDY6
Preferred Label N/A
Alternative Labels

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Definition

A right of set off clause is a provision in a contract that allows a party to offset or deduct a debt owed to them by the other party from any amount owed to that party under the same contract.

Class Relationships

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See Also

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Children 0

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Translations

🇩🇪 de-de Aufrechnungsklausel
🇫🇷 fr-fr Clause de compensation
🇪🇸 es-es Cláusula de compensación
🇲🇽 es-mx Cláusula de compensación
🇧🇷 pt-br Cláusula de compensação
🇬🇧 en-gb Right of Set Off Clause
🇮🇱 he-il סעיף זכות הפיכת חובות
🇮🇳 hi-in सेट ऑफ क्लॉज का अधिकार
🇨🇳 zh-cn 抵销条款
🇯🇵 ja-jp 相殺条項

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Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

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Editorial Note

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Identifier

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Deprecated

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Source and Origin

No source or origin information available