NETTING AGREEMENT Sample Clauses

NETTING AGREEMENT. 13.1 If on any date the same amounts are payable under this Agreement by each party to the other in the same currency, then, each party's obligations to make payment of any such amount will be automatically satisfied by netting. If the amounts are not in the same currency, the amounts are converted by Tickmill Ltd in accordance with the principles referred to in Clause 11.
AutoNDA by SimpleDocs
NETTING AGREEMENT. Supply Partner hereby acknowledges and agrees that Fyber shall have the right to set-off any and all amounts due by Supplier Partner to Fyber or any of its Affiliates, from any amount payable by Fyber or Affiliates to Supply Partner.
NETTING AGREEMENT. 60.1 If a Party to this Agreement owes the same amount to another Party to this Agreement on the same day, the obligations of each Party to pay any such amount(s) will thereafter be automatically satisfied by 'netting.'
NETTING AGREEMENT. 13.1 If on any date the same amounts are payable under this Agreement by each party to the other in the same currency, then, each party's obligations to make payment of any such amount will be automatically satisfied by netting. If the amounts are not in the same currency, the amounts are converted by Pacific Union Limited in accordance with the principles referred to in Clause 11.
NETTING AGREEMENT. 58.1 All trades between you and us are entered into in reliance on the fact that this Agreement and all trades form a single agreement between the parties, and that we would not otherwise enter into any trades with you.
NETTING AGREEMENT. All trades between you and us are entered into in reliance on the fact that this Agreement and all trades form a single agreement between the parties, and that we would not otherwise enter into any trades with you. If we exercise our rights under this clause, all payment obligations will be consolidated into a single obligation for us to pay a net sum to you, or for you to pay a net sum to us. If the aggregate amount that is payable by one Party exceeds the aggregate amount that is payable by the other Party, then the Party by whom the larger aggregate amount is payable shall pay the excess to the other Party and the obligations to make payment of each party will be satisfied and discharged. This netting agreement shall be binding on all Parties to this Agreement and on the estate and/or creditors of all Parties to the client relationship under this Agreement. Where the Company identifies or determines, at its reasonable discretion, that you engaged in any form of arbitrage or abuse, either solely or in connection with other clients of our Company (including but not limited to risk-free profiting), to solely benefit financially without being genuinely interested in trading in the markets and/or taking market risk), it may, at its sole discretion, exercise its rights under this Agreement, without your authorization or prior notice, and close your Open positions and/or close your account, combine and consolidate your Account with any or all other Accounts held in your name with the Company (including any Account that you hold with any Associate of the Company), and set-off against each of your Account’s balance (including profit or losses on Open Positions). If the client relationship is terminated, then the claims that the Parties have against each other shall be finally discharged by means of netting (closed). The value of any open Contracts shall be determined according to the principles set forth below and the final amount to be paid by one of the Parties shall be the net difference between the payment obligations of the Parties.
NETTING AGREEMENT. 69.1 If on any date the same amounts are payable by a Party to this Agreement to another Party to this Agreement in the same currency, then, each Party’s obligations to make payment of any such amount(s) will be automatically satisfied by ‘netting’.
AutoNDA by SimpleDocs
NETTING AGREEMENT. 4.2.4.1 Netting by Novation: Each transaction between Client and IB UK will immediately be netted with all then existing transactions between Client and IB UK for the same currencies to constitute one transaction.
NETTING AGREEMENT. Seller shall fail to provide the Netting Agreement and documents related thereto to the Administrative Agent, in form and substance acceptable to the Administrative Agent in its sole discretion and duly executed and delivered by the parties thereto, on or prior to December 1, 2017. LEGAL02/37634043v4
NETTING AGREEMENT. The Existing Netting Agreement is hereby amended by:
Time is Money Join Law Insider Premium to draft better contracts faster.