SET-OFF
The Bank is hereby authorised at any time and from time to time, without notice to
the Borrower (any such notice being expressly waived by the Borrower) and to the
fullest extent permitted by law, to set-off and apply any and all deposits (general or
special, time or demand) at any time held, and other indebtedness at any time owing,
by the Bank in any of its offices, in Baht or in any other currency, to or for the credit
or the account of the Borrower (which shall be deemed immediately due) against any
and all of the obligations of the Borrower now or hereafter existing under this
Agreement or any Security Document which are then due and payable, irrespective of
whether or not the Bank shall have made any demand hereunder.
If the obligations are in different currencies, the Bank may convert either obligation at
a market rate of exchange in its usual course of business for the purpose of the set-off