Examples of Termination Currency Equivalent in a sentence
If the First Method and Market Quotation apply, the Defaulting Party will pay to the Non-defaulting Party the excess, if a positive number, of (A) the sum of the Settlement Amount (determined by the Non-defaulting Party) in respect of the Terminated Transactions and the Termination Currency Equivalent of the Unpaid Amounts owing to the Non-defaulting Party over (B) the Termination Currency Equivalent of the Unpaid Amounts owing to the Defaulting Party.
If the Second Method and Market Quotation apply, an amount will be payable equal to (A) the sum of the Settlement Amount (determined by the Non-defaulting Party) in respect of the Terminated Transactions and the Termination Currency Equivalent of the Unpaid Amounts owing to the Non-defaulting Party less (B) the Termination Currency Equivalent of the Unpaid Amounts owing to the Defaulting Party.
If the Second Method and Market Quotation apply, an amount will be payable equal to (A) the sum of the Settlement Amount (determined by theNon-defaulting Party) in respect of the Terminated Transactions and the Termination Currency Equivalent of the Unpaid Amounts owing to the Non-defaulting Party less (B) the Termination Currency Equivalent of the Unpaid Amounts owing to the Defaulting Party.
If the Second Method and Market Quotation apply, an amount will be payable equal to (A) the sum of the Settlement Amount (determined by the Bank) in respect of the Terminated Transactions and the Termination Currency Equivalent of the Unpaid Amounts owing to the Bank less (B) the Termination Currency Equivalent of the Unpaid Amounts owing to the Customer.
If there are two Affected Parties, each party will determine the Close-out Amount (whether positive or negative) for the Fully Delivered Terminated Transactions, and the Early Termination Amount will be an amount equal to (A) the Close-out Amount plus (B) the Termination Currency Equivalent of the Unpaid Amounts owing to Party B less (C) the Termination Currency Equivalent of the Unpaid Amounts owing to Party A.