Closing Out. Unless otherwise agreed in writing between us, or the Rules of any relevant Exchange/Market provide otherwise, if we enter into any Transaction with you in order to close out any existing Transaction between us then our respective obligations under both such Transactions shall automatically and immediately be terminated upon entering in to the second Transaction, except for any settlement payment due from one of us to the other in respect of such close-out.
Appears in 5 contracts
Samples: Terms of Business, Terms of Business, Terms of Business
