Common use of Second Method and Market Quotation Clause in Contracts

Second Method and Market Quotation. If Second Method and Market Quotation apply, (1) the Counterparty shall pay to Xxxxxx an amount equal to the absolute value of the Settlement Amount in respect of the Terminated Transactions, (2) the Counterparty shall pay to Xxxxxx the Termination Currency Equivalent of the Unpaid Amounts owing to Xxxxxx and (3) Xxxxxx shall pay to the Counterparty the Termination Currency Equivalent of the Unpaid Amounts owing to the Counterparty, provided that, (i) the amounts payable under (2) and (3) shall be subject to netting in accordance with Section 2(c) of this Agreement and (ii) notwithstanding any other provision of this Agreement, any amount payable by Xxxxxx under (3) shall not be netted-off against any amount payable by the Counterparty under (1).” Please confirm your agreement to the terms of the foregoing Schedule by signing below. By: _______/s/ Xxxxxx Mock__________ Name: Xxxxxx Xxxx Title: Vice President By: ________/s/ S. Christopherson________ Name: X. Xxxxxxxxxxxxxx Title: Vice President Paragraph 13. Elections and Variables

Appears in 1 contract

Samples: Isda Master Agreement (C-Bass 2007-Cb1 Trust)

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Second Method and Market Quotation. If Second Method and Market Quotation apply, (1) the Counterparty shall pay to Xxxxxx an amount equal to the absolute value of the Settlement Amount in respect of the Terminated Transactions, (2) the Counterparty shall pay to Xxxxxx the Termination Currency Equivalent of the Unpaid Amounts owing to Xxxxxx and (3) Xxxxxx shall pay to the Counterparty the Termination Currency Equivalent of the Unpaid Amounts owing to the Counterparty, provided that, (i) the amounts payable under (2) and (3) shall be subject to netting in accordance with Section 2(c) of this Agreement and (ii) notwithstanding any other provision of this Agreement, any amount payable by Xxxxxx under (3) shall not be netted-off against any amount payable by the Counterparty under (1).” Please confirm your agreement to the terms of the foregoing Schedule by signing below. By: _/s/ Xxxxxx Xxxx______/s/ Xxxxxx Mock_____________ Name: Xxxxxx Xxxx Title: Vice President VP By: _/s/ Xxxxxx Xxxxx_______/s/ S. Christopherson________ Name: X. Xxxxxxxxxxxxxx Xxxxxx Xxxxx Title: Vice President Authorized Signer Paragraph 13. Elections and Variables

Appears in 1 contract

Samples: Interest Rate Cap Transaction (Jpmac 2007-Ch1)

Second Method and Market Quotation. If Second Method and Market Quotation apply, (1) the Counterparty shall pay to Xxxxxx an amount equal to the absolute value of the Settlement Amount in respect of the Terminated Transactions, (2) the Counterparty shall pay to Xxxxxx the Termination Currency Equivalent of the Unpaid Amounts owing to Xxxxxx and (3) Xxxxxx shall pay to the Counterparty the Termination Currency Equivalent of the Unpaid Amounts owing to the Counterparty, provided that, (i) the amounts payable under (2) and (3) shall be subject to netting in accordance with Section 2(c) of this Agreement and (ii) notwithstanding any other provision of this Agreement, any amount payable by Xxxxxx under (3) shall not be netted-off against any amount payable by the Counterparty under (1).” Please confirm your agreement to the terms of the foregoing Schedule by signing below. By: _______/s/ Xxxxxx Mock__________ Xxxx Name: Xxxxxx Xxxx Title: Vice President By: ________/s/ S. Christopherson________ Xxxxx X. Xxxx Name: Xxxxx X. Xxxxxxxxxxxxxx Xxxx Title: Vice President Paragraph 13. Elections and Variables

Appears in 1 contract

Samples: Master Agreement (C-Bass 2007-Cb5 Trust)

Second Method and Market Quotation. If Second Method and Market Quotation apply, (1) the Counterparty shall pay to Xxxxxx an amount equal to the absolute value of the Settlement Amount in respect of the Terminated Transactions, (2) the Counterparty shall pay to Xxxxxx the Termination Currency Equivalent of the Unpaid Amounts owing to Xxxxxx and (3) Xxxxxx shall pay to the Counterparty the Termination Currency Equivalent of the Unpaid Amounts owing to the Counterparty, provided that, (i) the amounts payable under (2) and (3) shall be subject to netting in accordance with Section 2(c) of this Agreement and (ii) notwithstanding any other provision of this Agreement, any amount payable by Xxxxxx under (3) shall not be netted-off against any amount payable by the Counterparty under (1).” Please confirm your agreement to the terms of the foregoing Schedule by signing below. By: _/s/ Xxxxxx Mock______/s/ Xxxxxx Mock____________ Name: Xxxxxx Xxxx Title: Vice President VP By: _/s/ Mei Nghia________/s/ S. Christopherson________ Name: X. Xxxxxxxxxxxxxx Xxx Xxxxx Title: Vice President Authorized Signer Paragraph 13. Elections and Variables

Appears in 1 contract

Samples: Master Agreement (J.P. Morgan Mortgage Acquisition Trust 2007-Ch3)

Second Method and Market Quotation. If Second Method and Market Quotation apply, (1) the Counterparty shall pay to Xxxxxx an amount equal to the absolute value of the Settlement Amount in respect of the Terminated Transactions, (2) the Counterparty shall pay to Xxxxxx the Termination Currency Equivalent of the Unpaid Amounts owing to Xxxxxx and (3) Xxxxxx shall pay to the Counterparty the Termination Currency Equivalent of the Unpaid Amounts owing to the Counterparty, provided that, (i) the amounts payable under (2) and (3) shall be subject to netting in accordance with Section 2(c) of this Agreement and (ii) notwithstanding any other provision of this Agreement, any amount payable by Xxxxxx under (3) shall not be netted-off against any amount payable by the Counterparty under (1).” Please confirm your agreement to the terms of the foregoing Schedule by signing below. By: _______/s/ Xxxxxx Mock__________ Name: Xxxxxx Xxxx Title: Vice President VP By: ________/s/ S. Christopherson________ Name: X. Xxxxxxxxxxxxxx Xxxxxx Xxxx Title: Vice President Paragraph 13. Elections and Variables

Appears in 1 contract

Samples: Master Agreement (J.P. Morgan Alternative Loan Trust 2007-S1)

Second Method and Market Quotation. If Second Method and Market Quotation apply, (1) the Counterparty shall pay to Xxxxxx an amount equal to the absolute value of the Settlement Amount in respect of the Terminated Transactions, (2) the Counterparty shall pay to Xxxxxx the Termination Currency Equivalent of the Unpaid Amounts owing to Xxxxxx and (3) Xxxxxx shall pay to the Counterparty the Termination Currency Equivalent of the Unpaid Amounts owing to the Counterparty, provided that, (i) the amounts payable under (2) and (3) shall be subject to netting in accordance with Section 2(c) of this Agreement and (ii) notwithstanding any other provision of this Agreement, any amount payable by Xxxxxx under (3) shall not be netted-off against any amount payable by the Counterparty under (1).” Please confirm your agreement to the terms of the foregoing Schedule by signing below. By: _/s/ Xxxxxx Mock______/s/ Xxxxxx Mock__________ Name: Xxxxxx Xxxx Title: Vice President VP By: _/s/ Pei Huang________/s/ S. Christopherson________ Name: X. Xxxxxxxxxxxxxx Xxx Xxxxx Title: Assistant Vice President Paragraph 13. Elections and Variables

Appears in 1 contract

Samples: Master Agreement (Jpmac 2006-Ch2)

Second Method and Market Quotation. If Second Method and Market Quotation apply, (1) the Counterparty shall pay to Xxxxxx an amount equal to the absolute value of the Settlement Amount in respect of the Terminated Transactions, (2) the Counterparty shall pay to Xxxxxx the Termination Currency Equivalent of the Unpaid Amounts owing to Xxxxxx and (3) Xxxxxx shall pay to the Counterparty the Termination Currency Equivalent of the Unpaid Amounts owing to the Counterparty, provided that, (i) the amounts payable under (2) and (3) shall be subject to netting in accordance with Section 2(c) of this Agreement and (ii) notwithstanding any other provision of this Agreement, any amount payable by Xxxxxx under (3) shall not be netted-off against any amount payable by the Counterparty under (1).” Please confirm your agreement to the terms of the foregoing Schedule by signing below. By: _______/s/ Xxxxxx Mock__________ Name: Xxxxxx Xxxx Title: Vice President By: ________/s/ S. Christopherson________ Name: X. Xxxxxxxxxxxxxx Xxxxxxx Xxxxx Title: Vice President Paragraph 13. Elections and Variables

Appears in 1 contract

Samples: Master Agreement (J.P. Morgan Alternative Loan Trust 2007-A1)

Second Method and Market Quotation. If Second Method and Market Quotation apply, (1) the Counterparty shall pay to Xxxxxx an amount equal to the absolute value of the Settlement Amount in respect of the Terminated Transactions, (2) the Counterparty shall pay to Xxxxxx the Termination Currency Equivalent of the Unpaid Amounts owing to Xxxxxx and (3) Xxxxxx shall pay to the Counterparty the Termination Currency Equivalent of the Unpaid Amounts owing to the Counterparty, provided that, (i) the amounts payable under (2) and (3) shall be subject to netting in accordance with Section 2(c) of this Agreement and (ii) notwithstanding any other provision of this Agreement, any amount payable by Xxxxxx under (3) shall not be netted-off against any amount payable by the Counterparty under (1).” Please confirm your agreement to the terms of the foregoing Schedule by signing below. By: _______/s/ Xxxxxx Mock__________ Xxxxxxxxx X. Xxxx Name: Xxxxxx Xxxxxxxxx X. Xxxx Title: Vice President Managing Director and Associate General Counsel By: ________/s/ S. Christopherson________ Xxxxxxxx X. Xxxxx Name: Xxxxxxxx X. Xxxxxxxxxxxxxx Xxxxx Title: Vice President Paragraph 13. Elections and Variables

Appears in 1 contract

Samples: Master Agreement (Harley-Davidson Motorcycle Trust 2007-3)

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Second Method and Market Quotation. If Second Method and Market Quotation apply, (1) the Counterparty shall pay to Xxxxxx an amount equal to the absolute value of the Settlement Amount in respect of the Terminated Transactions, (2) the Counterparty shall pay to Xxxxxx the Termination Currency Equivalent of the Unpaid Amounts owing to Xxxxxx and (3) Xxxxxx shall pay to the Counterparty the Termination Currency Equivalent of the Unpaid Amounts owing to the Counterparty, provided that, (i) the amounts payable under (2) and (3) shall be subject to netting in accordance with Section 2(c) of this Agreement and (ii) notwithstanding any other provision of this Agreement, any amount payable by Xxxxxx under (3) shall not be netted-off against any amount payable by the Counterparty under (1).” Please confirm your agreement to the terms of the foregoing Schedule by signing below. By: _______/s/ By:_____/s/ Xxxxxx Mock___X. Yakimchuk_______ Name: Xxxxxx Xxxx X. Xxxxxxxxx Title: Vice President By: ________/s/ S. Christopherson________ Name: X. Xxxxxxxxxxxxxx Title: Vice President Paragraph 13. Elections and VariablesPlease confirm your agreement to the terms of the foregoing Schedule by signing below.

Appears in 1 contract

Samples: Master Agreement (BMW Vehicle Lease Trust 2007-1)

Second Method and Market Quotation. If Second Method and Market Quotation apply, (1) the Counterparty shall pay to Xxxxxx an amount equal to the absolute value of the Settlement Amount in respect of the Terminated Transactions, (2) the Counterparty shall pay to Xxxxxx the Termination Currency Equivalent of the Unpaid Amounts owing to Xxxxxx and (3) Xxxxxx shall pay to the Counterparty the Termination Currency Equivalent of the Unpaid Amounts owing to the Counterparty, provided that, (i) the amounts payable under (2) and (3) shall be subject to netting in accordance with Section 2(c) of this Agreement and (ii) notwithstanding any other provision of this Agreement, any amount payable by Xxxxxx under (3) shall not be netted-off against any amount payable by the Counterparty under (1).” Please confirm your agreement to the terms of the foregoing Schedule by signing below. By: _______/s/ Xxxxxx Mock__________ Name: Xxxxxx Xxxx Title: Vice President By: ________/s/ S. Christopherson________ Name: X. Xxxxxxxxxxxxxx Xxxxxx Xxxx Title: Vice President Paragraph 13. Elections and Variables

Appears in 1 contract

Samples: Master Agreement (J.P. Morgan Alternative Loan Trust 2007-A2)

Second Method and Market Quotation. If Second Method and Market Quotation apply, (1) the Counterparty shall pay to Xxxxxx an amount equal to the absolute value of the Settlement Amount in respect of the Terminated Transactions, (2) the Counterparty shall pay to Xxxxxx the Termination Currency Equivalent of the Unpaid Amounts owing to Xxxxxx and (3) Xxxxxx shall pay to the Counterparty the Termination Currency Equivalent of the Unpaid Amounts owing to the Counterparty, provided that, (i) the amounts payable under (2) and (3) shall be subject to netting in accordance with Section 2(c) of this Agreement and (ii) notwithstanding any other provision of this Agreement, any amount payable by Xxxxxx under (3) shall not be netted-off against any amount payable by the Counterparty under (1).” Please confirm your agreement to the terms of the foregoing Schedule by signing below. By: _/s/ Xxxxxx Mock______/s/ Xxxxxx Mock_____________ Name: Xxxxxx Xxxx Title: Vice President VP By: _/s/ Xxxxxx Rivas_______/s/ S. Christopherson________ Name: X. Xxxxxxxxxxxxxx Xxxxxx Xxxxx Title: Vice President Authorized Signer Paragraph 13. Elections and Variables

Appears in 1 contract

Samples: Isda Master Agreement (Jpmac 2007-Ch2)

Second Method and Market Quotation. If Second Method and Market Quotation apply, (1) the Counterparty shall pay to Xxxxxx an amount equal to the absolute value of the Settlement Amount in respect of the Terminated Transactions, (2) the Counterparty shall pay to Xxxxxx the Termination Currency Equivalent of the Unpaid Amounts owing to Xxxxxx and (3) Xxxxxx shall pay to the Counterparty the Termination Currency Equivalent of the Unpaid Amounts owing to the Counterparty, provided that, (i) the amounts payable under (2) and (3) shall be subject to netting in accordance with Section 2(c) of this Agreement and (ii) notwithstanding any other provision of this Agreement, any amount payable by Xxxxxx under (3) shall not be netted-off against any amount payable by the Counterparty under (1).” Please confirm your agreement to the terms of the foregoing Schedule by signing below. By: _______/s/ Xxxxxx Mock__________ Name: Xxxxxx Xxxx Title: Vice President VP By: ________/s/ S. Christopherson________ Name: X. Xxxxxxxxxxxxxx Xxxxxx Xxxxx Title: Vice President Authorized Signer Paragraph 13. Elections and Variables

Appears in 1 contract

Samples: Master Agreement (J.P. Morgan Mortgage Acquisition Trust 2007-He1)

Second Method and Market Quotation. If Second Method and Market Quotation apply, (1) the Counterparty shall pay to Xxxxxx an amount equal to the absolute value of the Settlement Amount in respect of the Terminated Transactions, (2) the Counterparty shall pay to Xxxxxx the Termination Currency Equivalent of the Unpaid Amounts owing to Xxxxxx and (3) Xxxxxx shall pay to the Counterparty the Termination Currency Equivalent of the Unpaid Amounts owing to the Counterparty, provided that, (i) the amounts payable under (2) and (3) shall be subject to netting in accordance with Section 2(c) of this Agreement and (ii) notwithstanding any other provision of this Agreement, any amount payable by Xxxxxx under (3) shall not be netted-off against any amount payable by the Counterparty under (1).” Please confirm your agreement to the terms of the foregoing Schedule by signing below. By: _______/s/ Xxxxxx Mock__________ Name: Xxxxxx Xxxx Title: Vice President By: ________/s/ S. Christopherson________ X. Xxxxxxxxxxxxxx Name: X. Xxxxxxxxxxxxxx Title: Vice President Paragraph 13. Elections and Variables

Appears in 1 contract

Samples: Isda Master Agreement (C-Bass 2007-Cb1 Trust)

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