Settlement Netting. If, on any date, more than one delivery of a particular Currency under Currency Obligations is to be made between a pair of Settlement Netting Offices, then each Party shall aggregate the amounts of such Currency deliverable by it and only the difference between these aggregate amounts shall be delivered by the Party owing the larger aggregate amount to the other Party, and, if the aggregate amounts are equal, no delivery of the Currency shall be made.
Appears in 69 contracts
Samples: Foreign Exchange and Options Master Agreement (BHM Discretionary Futures Fund L.P.), Foreign Exchange and Options Master Agreement (Morgan Stanley Spectrum Strategic Lp), Foreign Exchange and Options Master Agreement (Morgan Stanley Managed Futures HV, L.P.)
Settlement Netting. If, If on any date, more than one delivery of a particular Currency under Currency Obligations is to be made between a pair of Settlement Netting Offices, then each Party shall aggregate the amounts of such Currency deliverable by it and only the difference between these aggregate amounts shall be delivered by the Party owing the larger aggregate amount to the other Party, and, if the aggregate amounts are equal, no delivery of the Currency shall be made.
Appears in 1 contract
Samples: Customer Agreement (Witter Dean Cornerstone Fund Iv)
Settlement Netting. IfUnless otherwise mutually agreed, if, on any date, more than one delivery of a particular Currency under Currency Obligations is to be made between a pair of Settlement Netting Officesmade, then each Party party shall aggregate the amounts of such Currency deliverable by it and only the difference between these aggregate amounts shall be delivered by the Party party owing the larger aggregate amount to the other Partyparty, and, if the aggregate amounts are equal, no delivery of the Currency shall be made.
Appears in 1 contract
Samples: Foreign Currency Exchange Master Agreement (Veri-Tek International, Corp.)
