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
Furthermore, and for the avoidance of doubt, notwithstanding any other provision herein to the contrary, any and all references to “netting” under this Agreement shall be done pursuant to the Master Netting Agreement.
The Parties acknowledge and agree that each First Leg Sell Transaction and Second Leg Buy Transaction, whether or not documented by a confirmation, shall be a “Commodity Transaction”, and that this Agreement and each confirmation in respect of a First Leg Sell Transaction or a Second Leg Buy Transaction shall be an “Underlying Agreement”, for purposes of and (except as expressly provided herein) subject to the Master Netting Agreement.
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 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 Collateral Security and Master Netting Agreement dated as of May 30, 2002 among Buyer and certain Affiliates and the Guarantors and certain Affiliates.
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 that certain Cross-Product Master Agreement, dated as of the date hereof, by and among Buyer, Seller, VFN Guarantor and certain Affiliates and Subsidiaries of Buyer and/or Seller, as may be amended, restated, supplemented or otherwise modified from time to time.