to set off and net the obligations and liabilities

[PearlShine]

Здравствуйте!

Помогите перевести, плиз!
Никак не доходит((((

ещ set off and net the obligations and liabilities to another Person

Из следующего контекста:

to set off and net the obligations and liabilities of the Partnership to another Person or a third Person (including, but not limited to, a Limited Partner) against that Person's or that third Person's obligations and liabilities to the Partnership (and with respect to a Limited Partner including, but not limited to, that Limited Partner's Capital Commitment) on a bilateral basis where the liabilities and obligations being set off or netted relate to the Partnership and one other Person or on a multilateral basis where the liabilities and obligations being set off and netted relate to the Partnership and more than one other Person; and

[Franky]

зачитывать обязательства перед другим Лицом

[PearlShine]

Спасибо большое!