Common use of Discharge and Termination of Currency Option Transactions Clause in Contracts

Discharge and Termination of Currency Option Transactions. Unless otherwise agreed, any Call Option or any Put Option written by a party will automatically be terminated and discharged, in whole or in part, as applicable, against a Call Option or a Put Option, respectively, written by the other party, such termination and discharge to occur automatically upon the payment in full of the last Premium payable in respect of such Currency Option Transactions; provided that, such termination and discharge may only occur in respect of Currency Option Transactions:

Appears in 13 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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Discharge and Termination of Currency Option Transactions. Unless otherwise agreed, any Call Option or any Put Option written by a party will automatically be terminated and discharged, in whole or in part, as applicable, against a Call Option or a Put OptionPut, respectively, written by the other party, such termination and discharge to occur automatically upon the payment in full of the last Premium payable in respect of such Currency Option Transactions; provided that, such termination and discharge may only occur in respect of Currency Option Transactions:

Appears in 9 contracts

Samples: Master Agreement (BHM Discretionary Futures Fund L.P.), Master Agreement (Morgan Stanley Managed Futures HV, L.P.), Master Agreement (Morgan Stanley Managed Futures LV, L.P.)

Discharge and Termination of Currency Option Transactions. Unless otherwise agreed, any Call Option or any Put Option written by a party will automatically be terminated and discharged, in whole or in part, as applicable, against a Call Option or a Put OptionPut, respectively, written by the other party, such termination and discharge to occur automatically upon the payment in full of the last Premium payable in respect of such Currency Option Transactions; provided that, that such termination and discharge may only occur in respect of Currency Option Transactions:

Appears in 2 contracts

Samples: 2002 Master Agreement (Booz Allen Hamilton Holding Corp), 2002 Master Agreement (Cross Country Healthcare Inc)

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Discharge and Termination of Currency Option Transactions. Unless otherwise agreedagreed to by the parties hereto, any Call Option or any Put Option written by in respect of which a party hereto is the Seller will automatically be terminated and discharged, in whole or in part, as applicable, against a Call Option or a Put Option, respectively, written by in respect of which the other partyparty hereto is the Seller, such termination and discharge to occur automatically upon the payment in full of the last Premium payable in respect of such Currency Option Transactions; provided that, that such termination and discharge may only occur in respect of Currency Option Transactions:

Appears in 1 contract

Samples: 2002 Master Agreement (Arcos Dorados Holdings Inc.)

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