Netting. The Non-Defaulting Party shall aggregate the following amounts so that all such amounts are netted into a single liquidated amount payable to or by the Non-Defaulting Party: (x) the sum of the Closing Gains for all Value Dates (discounted to present value, where appropriate, in accordance with the provisions of Section 8.1(b)(ii)) (which for the purposes of the aggregation shall be a positive figure); and (y) the sum of the Closing Losses for all Value Dates (discounted to present value, where appropriate, in accordance with the provisions of Section 8.1(b)(ii)) (which for the purposes of the aggregation shall be a negative figure).
Appears in 34 contracts
Samples: Foreign Exchange and Options Master Agreement (BHM Discretionary Futures Fund L.P.), Foreign Exchange and Options Master Agreement (Morgan Stanley Managed Futures LV, L.P.), Foreign Exchange and Options Master Agreement (Morgan Stanley Managed Futures HV, L.P.)
Netting. The Non-Defaulting Party shall aggregate the following amounts so that all such amounts are netted into a single liquidated amount payable to or by the Non-Defaulting Party: (x) the sum of the Closing Gains for all Value Dates (discounted to present value, where appropriate, in accordance with the provisions of Section 8.1(b)(ii5.1(b)(ii)) (which for the purposes of the this aggregation shall be a positive figure); and (y) the sum of the Closing Losses for all Value Dates (discounted to present value, where appropriate, in accordance with the provisions of Section 8.1(b)(ii5.1(b)(ii)) (which for the purposes of the aggregation shall be a negative figure).
Appears in 22 contracts
Samples: International Foreign Exchange Master Agreement (Morgan Stanley Dean Witter Charter Grahm Lp), Master Agreement (Witter Dean Cornerstone Fund Ii), International Foreign Exchange Master Agreement (Dean Witter Spectrum Select Lp)
Netting. The Non-Defaulting Party shall aggregate the following amounts so that all ------- such amounts are netted into a single liquidated amount payable to or by the Non-Defaulting Party: (x) the sum of the Closing Gains for all Value Dates (discounted to present value, where appropriate, in accordance with the provisions of Section 8.1(b)(ii5.1(b)(ii)) (which for the purposes of the this aggregation shall be a positive figure); and (y) the sum of the Closing Losses for all Value Dates (discounted to present value, where appropriate, in accordance with the provisions of Section 8.1(b)(ii5.1(b)(ii)) (which for the purposes of the aggregation shall be a negative figure).
Appears in 1 contract
Samples: International Foreign Exchange Master Agreement (DWFCM International Access Fund Lp)
Netting. The Non-Defaulting Nondefaulting Party shall aggregate the following amounts so that all such amounts are netted into a single liquidated amount payable to or by the Non-Defaulting Nondefaulting Party: (xA) the sum of the Closing Gains for all Value Settlement Dates (discounted to present value, where appropriate, in accordance with the provisions of Section 8.1(b)(ii6.1(b)(ii)) (which for the purposes of the aggregation shall be a positive figure); and (yB) the sum of the Closing Losses for all Value Settlement Dates (discounted to present value, where appropriate, in accordance with the provisions of Section 8.1(b)(ii6.1(b)(ii)) (which for the purposes of the aggregation shall be a negative figure).
Appears in 1 contract
Samples: International Foreign Exchange and Currency Option Master Agreement
