Common use of Affected Parties Clause in Contracts

Affected Parties. If there are 2 Affected Parties each party will determine an amount equivalent to the Termination Currency Equivalent of the sum of the Close-out Amount(s) (whether positive or negative) for each Terminated Transaction or group of Terminated Transactions and the Early Termination Amount will be an amount equal to (A) the sum of (I) one-half the difference between the higher amount so dertmined (by Party “X”) and the lower amount so determined (by Party “Y”)

Appears in 2 contracts

Samples: Foreign Exchange and Foreign Exchange Options Master Agreement, Foreign Exchange and Foreign Exchange Options Master Agreement

AutoNDA by SimpleDocs

Affected Parties. If there are 2 Affected Parties each party will determine an amount equivalent to the Termination Currency Equivalent of the sum of the Close-out Amount(s) (whether positive or negative) for each Terminated Transaction or group of Terminated Transactions and the Early Termination Amount will be an amount equal to (A) the sum of (I) one-half the difference between the higher amount so dertmined determined (by Party “X”) and the lower amount so determined (by Party “Y”)

Appears in 1 contract

Samples: Options Master Agreement

AutoNDA by SimpleDocs

Affected Parties. If there are 2 Affected Parties each party will determine an amount equivalent to the Termination Currency Equivalent of the sum of the Close-out Amount(s) (whether positive or negative) for each Terminated Transaction or group of Terminated Transactions and the Early Termination Amount will be an amount equal to (A) the sum of (I) one-half the difference between the higher amount so dertmined (by Party “X”) and the lower amount so determined (by Party “Y”)WKH KLJKHU DPRXQW VR GHWHUPLQHG E\ 3DUW\ ³<´ DQG WKH

Appears in 1 contract

Samples: www.cimb.com.my

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!