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 Spectrum Technical Lp), Foreign Exchange and Options Master Agreement (Morgan Stanley Spectrum Strategic 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 22 contracts
Samples: International Foreign Exchange Master Agreement (Witter Dean World Currency Fund L P), International Foreign Exchange Master Agreement (Morgan Stanley Dean Witter Charter Millburn Lp), International Foreign Exchange Master Agreement (Witter Dean Principal Plus Fund L P)
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
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)