EFTA Document EFTA01390596

place of payment or booking office of the sum or obligation) owed by X or any Affiliate of X to Y (the "1 Set Off Ammeter). X will give notice to the other party of any set off effected under this subparagraph of Annex I. For this purpose, either the X Set Off Amount or the lf Set Off Amount (or the relevant portion of such set off amounts) may be convened by X into the currency in which the other set off amount is denominated at the rate of exchange at which X would be able. acting in a r