NETTING AGREEMENT. 62.1 If on any date the same amounts are payable by a Party to this Agreement to another Party to this Agreement in the same currency, then, each Party’s obligations to make payment of any such amount(s) will be automatically satisfied by ‘netting’.
Appears in 3 contracts
Samples: murrenfx.com, Client Agreement, tradecmx.com
NETTING AGREEMENT. 62.1 60.1 If on any date the same amounts are payable by a Party to this Agreement owes the same amount to another Party to this Agreement in on the same currencyday, then, the obligations of each Party’s obligations Party to make payment of pay any such amount(s) will thereafter be automatically satisfied by ‘'netting’.'
Appears in 2 contracts
Samples: S Agreement, S Agreement
NETTING AGREEMENT. 62.1 38.9.1. If on any date the same amounts are payable by a Party to this Agreement to another Party party to this Agreement in the same currency, then, each Party’s obligations to make payment of any such amount(s) will be automatically satisfied by ‘netting’. If the amounts are not in the same currency, the amounts may be converted in accordance with the principles set forth in Section 46 hereinabove.
Appears in 1 contract
Samples: Client Agreement
NETTING AGREEMENT. 62.1 69.1 If on any date the same amounts are payable by a Party to this Agreement to another Party to this Agreement in the same currency, then, each Party’s obligations to make payment of any such amount(s) will be automatically satisfied by ‘netting’.
Appears in 1 contract
Samples: Client Agreement
NETTING AGREEMENT. 62.1 60.1 If on any date the same amounts are payable by a Party to this Agreement owes the same amount to another Party to this Agreement in on the same currencyday, then, The obligations of each Party’s obligations Party to make payment of pay any such amount(s) will thereafter be automatically satisfied by ‘'netting’.'
Appears in 1 contract
Samples: Client Agreement
