Hi,
Please advise, what is the meaning of "on account of" any set-off? Is it the opposite of "any deduction"?
Thanks,
A.
Source - Ownership Interest Transfer Agreement.
No Set-Off. Except as expressly provided herein, all payments to be made by any Party hereunder shall be calculated without reference to any set-off or counterclaim and shall be made free and clear of and without any deduction for or on account of any set-off or counterclaim
Please advise, what is the meaning of "on account of" any set-off? Is it the opposite of "any deduction"?
Thanks,
A.
Source - Ownership Interest Transfer Agreement.
No Set-Off. Except as expressly provided herein, all payments to be made by any Party hereunder shall be calculated without reference to any set-off or counterclaim and shall be made free and clear of and without any deduction for or on account of any set-off or counterclaim