EFTA Document EFTA01456462

place of payment or booking office of the sum or obligation) owed by X or any Affiliate of X to Y (the "Y Sd Off Amount"). X will give notice to the other party of any set off effected under this subparagraph of Annex I. (i) For this purpose. either the X Set Off Amount or the Y Sot 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