Common use of Netting of Payments Clause in Contracts

Netting of Payments. Section 2(c)(ii) of this Agreement will apply, with the effect that payment netting will not take place with respect to amounts due and owing in respect of more than one Transaction.

Appears in 51 contracts

Samples: Master Agreement (C-Bass 2007-Cb1 Trust), Master Agreement (J P Morgan Acceptance Corp I), Master Agreement (Jpmac 2006-Nc1)

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Netting of Payments. Section 2(c)(ii) of this Agreement will not apply, with the effect that payment netting will not take place with respect to amounts due and owing in respect of more than one Transaction.

Appears in 1 contract

Samples: Master Agreement (Jpmac 2006-Fre1)

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