One Calculation Party. If one party only acts as Calculation Party, the Final Settlement Amount, as calculated by it, shall be paid (i) to that party by the other party if it is a positive number and (ii) by the Calculation Party to the other party if it is a negative number; in the latter case the amount payable shall be the absolute value of the Final Settlement Amount. (b)
Appears in 2 contracts
Samples: Treasury Master Agreement, Treasury Master Agreement
One Calculation Party. If one party only acts as Calculation Party, the Final Settlement Amount, as calculated by it, shall be paid (i) to that party by the other party if it is a positive number and (ii) by the Calculation Party that party to the other party if it is a negative number; in the latter case the amount payable shall be the absolute value of the Final Settlement Amount. (b).
Appears in 1 contract
Samples: Master Agreement
One Calculation Party. If one party only acts as Calculation Party, the Final Settlement Amount, as calculated by it, shall be paid (i) to that party by the other party if it is a positive number and (ii) by the Calculation Party to the other party if it is a negative number; in the latter case the amount payable shall be the absolute value of the Final Settlement Amount. (b).
Appears in 1 contract
Samples: Treasury Master Agreement