He is entitled to setoff only against uncontested claims or claims which have become res judicata. |
An agreed setoff of mutual positions or liabilities between business partners or participants in a payment system. |
The invoices are payable at Bruges at the latest on the due date mentioned on the invoice without discount and without possibility of setoff. |
For these accounts, the Agency initiates collection measures, including legal judgments and setoff arrangements with the Canada Customs and Revenue Agency. |
On the other hand, such setoff is excluded where there is no transparency or comprehensibility. |
Credit risk is mitigated through the use of collateral and legally enforceable netting or setoff agreements. |