Calculating Party definition

Calculating Party means (i) Parent, with respect to the Parent Adjusted Book Value Per Share, and (ii) the Company, with respect to the Company Adjusted Book Value Per Share.

Calculating Party means, for the purposes of this Number 9.3, Eurex Clearing AG unless Eurex Clearing AG is, for operational reasons, unable to make one or more calculations or determinations required to be made under this Number 9.3. In such event, "Calculating Party" means the relevant Clearing Member.

Calculating Party means, for the purposes of this Number 11.3.5, Eurex Clearing AG unless Eurex Clearing AG is, for operational reasons, unable to make one or more calculations or determinations required to be made under this Number 11.3. In such event, Eurex Clearing AG shall promptly notify the relevant FCM Clearing Member and “Calculating Party” then means such FCM Clearing Member.

Examples of Calculating Party in a sentence

• The Final Settlement Amount, as calculated by the Calculating Party, shall be paid (i) to that party by the other party if it is a positive number and (ii) by that party to the other party if it is a negative number; in the latter case the amount payable shall be the absolute value of the Final Settlement Amount.

• Upon termination pursuant to Number 9.5.2, the Calculating Party shall as soon as reasonably possible calculate the Final Settlement Amount.

• If less than three quotations are provided as requested, the Calculating Party shall determine a settlement price for Transactions to which the Non-Delivered Assets relate acting in good faith and by using commercially reasonable procedures expected to produce a commercially reasonable result.

• Any failure by the Calculating Party to provide such access or cooperation will extend the delivery period until such access or cooperation is provided.

• Where the Bank is the Entitled Party, Section 4 paragraph (3) and Sections 5 and 6 shall Section 5 shall insofar apply correspondingly subject to the proviso that the Bank shall be deemed to be the Calculating Party.

More Definitions of Calculating Party

Calculating Party means, for the purposes of this Number 9.5.4, Eurex Clearing AG, provided that the relevant Clearing Member shall be the Calculating Party in the following circumstances: (i) the Termination Date has occurred as a result of an automatic termination as provided in Number 9.5.2.2 or (ii) Eurex Clearing AG is, for operational reasons, unable to make one or more calculations or determinations required to be made under this Number 9.5.4.

Calculating Party is defined in Section 6.6(c).

Calculating Party is defined in the Credit Support Addendum.

Calculating Party means (i) Company, with respect to the Company Adjusted Book Value Per Share, and (ii) Sutherland, with respect to the Sutherland Adjusted Book Value Per Share.

Calculating Party means the Party to which Performance Assurance is due.

Calculating Party means (i) Parent, with respect to the Parent Adjusted Book Value Per Share, and (ii) the Mosaic Manager, with respect to the Mosaic Adjusted Book Value.

Calculating Party means (i) the Company, with respect to the Company Transaction Expenses, and (ii) Parent, with respect to the Parent Transaction Expenses.