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
Sources: 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 Diversified Futures Fund 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
Sources: International Foreign Exchange Master Agreement (Witter Dean Principal Plus Fund L P), International Foreign Exchange Master Agreement (Columbia Futures Fund), International Foreign Exchange Master Agreement (Dean Witter Portfolio Strategy Fund Lp)