Rights of Set-Off. Each party may set-off against amounts owing by it hereunder to another Person any amounts owing or accruing due by such Person to it or any of its Affiliates, without duplication.
Appears in 18 contracts
Sources: Assignment and Set Off Agreement (TransCanada Trust), Share Exchange Agreement (TransCanada Trust), Share Exchange Agreement (TransCanada Trust)
Rights of Set-Off. Each Notwithstanding Section 4.8 of the Original Indenture, each party may set-off against amounts owing by it hereunder to another Person any amounts owing or accruing due by such Person to it or any of its Affiliates, without duplication.
Appears in 9 contracts
Sources: Seventh Supplemental Indenture (TransCanada Trust), Fifth Supplemental Indenture (TransCanada Trust), Fifth Supplemental Indenture (Transcanada Pipelines LTD)
Rights of Set-Off. Each Notwithstanding Section 4.8 of the Original Indenture, each party may set-off against amounts owing by it hereunder to another Person any amounts owing or accruing due by such Person to it or any of its Affiliates, without duplication, including pursuant to the Share Exchange Agreement and the Assignment and Set-Off Agreement.
Appears in 9 contracts
Sources: Seventh Supplemental Indenture (TransCanada Trust), Fifth Supplemental Indenture (TransCanada Trust), Fifth Supplemental Indenture (Transcanada Pipelines LTD)