Common use of NETTING AND SETTING OFF Clause in Contracts

NETTING AND SETTING OFF. At any time following the occurrence of an Event of Default, we may, by notice to you, specify a date (the "Liquidation Date") for the termination and liquidation of Netting Transactions in accordance with this Clause. This Agreement and all trades under it form part of a singular agreement between us and you, and we both acknowledge that we enter into this Agreement and any trades under it in reliance upon these being a singular agreement. When open positions and/or your account are closed under this Agreement, we may:

NETTING AND SETTING OFF. At any time following the occurrence of an Event of Default, we may, by notice to you, specify a date (the "Liquidation Date") for the termination and liquidation of Netting Transactions netting transactions in accordance with this Clause. This Agreement and all trades under it form part of a singular agreement between us and you, and we both acknowledge that we enter into this Agreement and any trades under it in reliance upon these being a singular agreement. When open positions and/or your account Account are closed under this Agreement, we may:

NETTING AND SETTING OFF. At any time following the occurrence of an Event of Default, we may, by notice to you, specify a date (the "Liquidation Date") for the termination and liquidation of Netting Transactions in accordance with this Clause. This Agreement and all trades under it form part of a singular agreement between us and you, and we both acknowledge that we enter into this Agreement and any trades under it in reliance upon these being a singular agreement. When open positions and/or your account are closed under this Agreement, we may:terms.