Settlement Payment. If the resulting net amount is positive, it shall be payable by the Defaulting Party to the Non-Defaulting Party, and if it is negative, then the absolute value of such amount shall be payable by the Non-Defaulting Party to the Defaulting Party.
Appears in 17 contracts
Samples: Master Agreement (Morgan Stanley Dean Witter Charter Grahm Lp), Master Agreement (Witter Dean Cornerstone Fund Iii), Master Agreement (Witter Dean Spectrum Technical Lp)
Settlement Payment. If the resulting net amount is positive, it shall be payable by the Defaulting Party to the Non-Defaulting Party, and if it is negative, then the absolute value of such amount shall be payable by the Non-Non- Defaulting Party to the Defaulting Party.
Appears in 6 contracts
Samples: Master Agreement (Witter Dean Principal Plus Fund L P), Master Agreement (Witter Dean Diversified Futures Fund Iii L P), Master Agreement (Dean Witter Portfolio Strategy Fund Lp)