Set Off

Example Definitions of "Set Off"
Set Off. (c) be sent: (i) to the Guarantor at: Vantage Drilling Company 1 Jalan Kilang Timor #07-01 Pacific Tech Centre Singapore 159303 Tel. No. : 65770277 Facsimile: 65770280 Attention: Mr Doug Halkett (Chief Operating Officer) (ii) to PPL at: 21 Pandan Road Singapore 609273 Tel No. : 6265 0477 Facsimile: 6264 4130 Attention: Mr Douglas Tan (Managing Director) or to such other address or facsimile number as is notified by the Guarantor or PPL to the other party to this Guarantee.
Set Off. If the Executive has any outstanding obligations to the Company at the time his Change of Control Benefit should become payable under this Agreement, the Executive hereby acknowledges that the Company is authorized to deduct such amounts owed to the Company from the Executive's Change of Control Benefit.
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