The following provisions are proposed to be added into the Confirms for the= =20 Firm GTC.
Please review and revise as appropriate.
If a Triggering Event occurs, the Notifying Party may (at its election) set= =20 off any or all amounts which the Affected Party owes to the Notifying Party= =20 or it Affiliates (under this Agreement or otherwise) against any or all=20 amounts which the Notifying Party owes to the Affected Party (either under= =20 this Agreement or otherwise).
"Affiliate=018 means, with respect to any person, any other person (other t= han=20 an individual) that, directly or indirectly, through one or more=20 intermediaries, controls, or is controlled by, or is under common control= =20 with, such person.
For this purpose, "control" means the direct or indirec= t=20 ownership of fifty percent (50%) or more of the outstanding capital stock o= r=20 other equity interests having ordinary voting power.
[Probably want to nam= e=20 EPMI specifically]

Setoff Language
The following provisions are proposed to be added into the Confirms for the= =<NUMBER> Firm GTC.
Please review and revise as appropriate.
If a Triggering Event occurs, the Notifying Party may (at its election) set= =<NUMBER> off any or all amounts which the Affected Party owes to the Notifying Party= =<NUMBER> or it Affiliates (under this Agreement or otherwise) against any or all=<NUMBER> amounts which the Notifying Party owes to the Affected Party (either under= =<NUMBER> this Agreement or otherwise).
"Affiliate=<NUMBER> means, with respect to any person, any other person (other t= han=<NUMBER> an individual) that, directly or indirectly, through one or more=<NUMBER> intermediaries, controls, or is controlled by, or is under common control= =<NUMBER> with, such person.
For this purpose, "control" means the direct or indirec= t=<NUMBER> ownership of fifty percent (<NUMBER>%) or more of the outstanding capital stock o= r=<NUMBER> other equity interests having ordinary voting power.
[Probably want to nam= e=<NUMBER> EPMI specifically]
epmi specifically event occurs notifying number affiliates agreement purpose control means owes affected stock election set gtc review revise