Russian translation: или от того, какая структура ведет учет облигаций и расчетов по ним
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05:10 Sep 4, 2008
English to Russian translations [PRO] Bus/Financial - Finance (general)
English term or phrase:booking office of the obligation
Set Off: Any amount (the "Early Termination Amount") payable to one party (the "Payee") by the other party (the "Payer") under Section 6(e), in circumstances where there is a Defaulting Party or one Affected Party in the case where a Termination Event under Section 5(b)(iv) has occurred, will, at the option of the party ("X") other than the Defaulting Party or the Affected Party (and without prior notice to the Defaulting Party or the Affected Party), be reduced by its set-off against any amount(s) (the "Other Agreement Amount") payable (whether at such time or in the future or upon the occurrence of a contingency) by the Payee to the Payer (irrespective of the currency, place of payment or booking office of hte obligation) under any other agreement(s) between the Payee and the Payer or instrument(s) or undertaking(s) issued or executed by one party to, or in favor of, the other party to the extent it is so set-off). X will give notice to the other party of any set-off effected under this Section 6(f).