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reduced by its set-off against any amount(s)

Spanish translation: reducida por su reclamacion contra/sobre cualquier cantidad

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:reduced by its set-off against any amount(s)
Spanish translation:reducida por su reclamacion contra/sobre cualquier cantidad
Entered by: Irene Vidal
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09:34 Apr 8, 2008
English to Spanish translations [PRO]
Law/Patents - Other
English term or phrase: reduced by its set-off against any amount(s)
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 the 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 (and the Other Agreement Amount will be discharged promptly and in all respects to the extent it is so set-off).
Irene Vidal
Spain
Local time: 15:35
reducida por su reclamacion contra/sobre cualquier cantidad
Explanation:
. (Law) A counterclaim; a cross debt or demand; a distinct claim filed or set up by the defendant against the plaintiff's demand.
Selected response from:

Laura Serván
Spain
Local time: 15:35
Grading comment
¡muchas gracias!
4 KudoZ points were awarded for this answer

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Summary of answers provided
3reducida por su reclamacion contra/sobre cualquier cantidad
Laura Serván


  

Answers


8 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
reducida por su reclamacion contra/sobre cualquier cantidad


Explanation:
. (Law) A counterclaim; a cross debt or demand; a distinct claim filed or set up by the defendant against the plaintiff's demand.

Laura Serván
Spain
Local time: 15:35
Native speaker of: Native in SpanishSpanish
PRO pts in category: 20
Grading comment
¡muchas gracias!
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