Settlement Amount definition

Settlement Amount has the meaning specified in Section 14.02(a)(iv).

Settlement Amount means, with respect to a party and any Early Termination Date, the sum of: --

Settlement Amount means, with respect to a party and any Early Termination Date, the sum of:--

Examples of Settlement Amount in a sentence

• The Non-Defaulting Party shall calculate, in a commercially reasonable manner, a Settlement Amount for the Terminated Transaction as of the Early Termination Date.

• The Settlement Amount shall not include consequential, incidental, punitive, exemplary, indirect or business interruption damages.

• If the Non-Defaulting Party’s aggregate Gains exceed its aggregate Losses and Costs, if any, resulting from the termination of this Agreement, the net Settlement Amount shall be zero.

• The Settlement Amount shall be payable by Party B in accordance with Clause 5.2 on the Settlement Date.

• Without prejudice to the Non-Defaulting Party’s duty to mitigate, the Non-Defaulting Party shall not have to enter into replacement transactions to establish a Settlement Amount.

More Definitions of Settlement Amount

Settlement Amount means, with respect to any Early Termination Date, an amount (as determined by Party B) equal to:

Settlement Amount means, with respect to any Early Termination Date, an amount (as determined by Party B) equal to the Termination Currency Equivalent of the amount (whether positive or negative) of any Market Quotation for the relevant Terminated Transaction or group of Terminated Transactions that is accepted by Party B so as to become legally binding, provided that:

Settlement Amount means the amount in US$ equal to the sum of Losses, Gains, and Costs, which the Non-Defaulting Party incurs as a result of the termination of this Agreement.

Settlement Amount means, with respect to a Transaction and the Non-Defaulting Party, the Losses or Gains, and Costs, including those which such Party incurs as a result of the liquidation of a Terminated Transaction pursuant to Section 5.2.

Settlement Amount means, with respect to any Early Termination Date:

Settlement Amount means the Non-Defaulting Party’s Costs and Losses, on the one hand, netted against its Gains, on the other. If the Non-Defaulting Party’s Costs and Losses exceed its Gains, then the Settlement Amount shall be an amount owing to the Non-Defaulting Party. If the Non-Defaulting Party’s Gains exceed its Costs and Losses, then the Settlement Amount shall be zero dollars ($0). The Settlement Amount does not include consequential, incidental, punitive, exemplary or indirect or business interruption damages.

Settlement Amount means an amount that the Non-Defaulting Party is entitled to and that is to be paid by the Defaulting Party calculated pursuant to Section 9.4.