Master Netting Agreement definition

Master Netting Agreement means that certain Global Netting and Security Agreement, dated as of August 14, 2020, among Purchaser, Seller, and certain Affiliates and Subsidiaries of Purchaser, entered into in connection with this Agreement, as the same shall be amended, supplemented or otherwise modified from time to time.

Master Netting Agreement means an agreement under which 2 or more claims or obligations under one or more of the following:

Master Netting Agreement means that certain Collateral Security, Setoff and Netting Agreement dated as of the date hereof, among Buyer, Seller and certain Affiliates and Subsidiaries of Buyer and/or Seller, as such agreement may be amended from time to time.

Examples of Master Netting Agreement in a sentence

• The Company hereby acknowledges and agrees that the rights and obligations of the Investor under the Master Netting Agreement, hereunder and under the other Underlying Agreements and the rights and obligations of the Company under the Master Netting Agreement, hereunder and under the other Underlying Agreements arise in a single integrated transaction and constitute related and interdependent obligations within such transaction.

• The Parties acknowledge that this Agreement is a Forward Contract and Master Netting Agreement, the Parties are Forward Contract Merchants and Master Netting Agreement Participants with respect to this Agreement, and, accordingly, the Parties hereto are entitled to the protections of the Safe Harbor Provisions of the Bankruptcy Code.

• Termination of this Agreement pursuant to this Section 12.1 shall not affect the continued effectiveness of the EEI Agreement, the NAESB Agreement, the ISDA Agreement, and any Transactions confirmed under any of the foregoing, or the Master Netting Agreement.

• In the event of any inconsistency among the Transaction Documents, the terms of the documents shall prevail in the following order (unless expressly stated otherwise in a Transaction Document): first, any Confirmation; second, the Master Netting Agreement; third, this Agreement; fourth, the Security Documents; and, fifth, the EEI Agreement, the ISDA Agreement and the NAESB Agreement.

• The Parties acknowledge that the CPP-B Supplier and the Company are Forward Contract Merchants and Master Netting Agreement Participants.

More Definitions of Master Netting Agreement

Master Netting Agreement means the letter agreement among Buyer, Seller and certain Affiliates and Subsidiaries of Buyer and/or Seller, in the form attached hereto as Exhibit J, as it may be amended, supplemented or otherwise modified from time to time in accordance with the terms thereof.

Master Netting Agreement means an agreement providing for the netting of claims based on individual legal transactions (hereinafter: transactions) and, in the case of termination of agreements, the settlement of amounts related to all transactions. Master netting agreements provide for the netting of gains and losses on transactions closed out under a master agreement. Such agreements lay down the terms and conditions of netting where the parties trade in different products regulated by individual agreements. A master netting agreement provides for the overall relationship of the parties in case of trading in different products by giving the non-defaulting party the right to terminate and close-out all transactions under the agreement upon the event of default on any of the transactions;

Master Netting Agreement means the Master Collateral Security and Master Netting Agreement dated as of September 2, 2005 among the Buyer, the Guarantor and the Sellers, as it may be further amended, supplemented or otherwise modified from time to time.

Master Netting Agreement means the Guarantee and Master Netting Agreement dated as of March 18, 2009 among GMAC IM, GMAC LLC, the ResCap Counterparties, and the Borrowers, as the same may be amended, supplemented, restated or otherwise modified from time to time.

Master Netting Agreement means that certain Master Netting Agreement, dated as of September 14, 2015 by and among the PMC, the Guarantor, Barclays Capital Inc. and the Lender, as amended.

Master Netting Agreement means the Master Netting, Setoff, Security and Collateral Agreement, dated as of June 29, 2009, among IDT, BP, and BPCNA.

Master Netting Agreement means an agreement providing for the netting of mutual claims and liabilities arising from several individual legal transactions, and for the terms and conditions of netting when the subjects of these transactions are different, and that default of a party on any of the transactions gives to the non-defaulting party the right to terminate that agreement;