Multiple Transaction Payment Netting definition

Multiple Transaction Payment Netting has the meaning specified in Section 2(c).

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Multiple Transaction Payment Netting has the meaning specified in Section 2(c). “Non-affected Party” means, so long as there is only one Affected Party, the other party.

Multiple Transaction Payment Netting will apply for the purpose of Section 2(c) of this Agreement to all Transactions starting from the date of this Agreement.

Examples of Multiple Transaction Payment Netting in a sentence

• If Multiple Transaction Payment Netting is applicable to Transactions, it will apply to those Transactions with effect from the starting date specified in the Schedule or such Confirmation, or, if a starting date is not specified in the Schedule or such Confirmation, the starting date otherwise agreed by the parties in writing.

• The election may be made in the Schedule or any Confirmation by specifying that "Multiple Transaction Payment Netting" applies to the Transactions identified as being subject to the election (in which case clause (ii) above will not apply to such Transactions).

• Multiple Transaction Payment Netting will not apply for the purposes of Section 2(c) of this Agreement.

• Multiple Transaction Payment Netting and the provisions of Section 6(f) of the Agreement shall not apply.

• Multiple Transaction Payment Netting" will not apply for the purpose of Section 2(c) of this Agreement to all Transactions (in each case starting from the date of this Agreement).

• Multiple Transaction Payment Netting will apply for the purpose of Section 2(c) of this Agreement to all Transactions (in each case, starting from the date of this Agreement).

• Multiple Transaction Payment Netting" will apply for the purpose of Section 2(c) of this Agreement to all Transactions in each case starting from the date of this Agreement.

• Unless the parties otherwise so agree, "Multiple Transaction Payment Netting" will apply for the purpose of Section 2(c) of this Agreement to all Transactions, starting as of the date of this Agreement.

• Either party may notify the other in writing, not less than one Local Business Day in advance of one or more Scheduled Settlement Dates, that with regard to payments due on that date, Multiple Transaction Payment Netting will apply.

• Multiple Transaction Payment Netting shall not apply to FX Transactions or Currency Option Transactions.

More Definitions of Multiple Transaction Payment Netting

Multiple Transaction Payment Netting will apply for the purpose of Section 2(c) of this Master Agreement, starting as of the date of this Master Agreement.

Multiple Transaction Payment Netting will apply for the purpose of Section 2(c) of this Agreement to all Transactions, starting as of the date of this Agreement. For the avoidance of doubt, this election shall also apply to any obligation to deliver Bullion (which shall be treated as the “payment” of an “amount” in accordance with Section 2(c)).

Multiple Transaction Payment Netting. [will not apply for the purpose of Section 2(c) of this Agreement.][will apply for the purpose of Section 2(c) of this Agreement to [all Transactions][the following Transactions or groups of Transactions:― [. ]

Multiple Transaction Payment Netting will not apply for the purpose of Section 2(c) of this Agreement; provided, that Party A and Party B may agree from time to time that Multiple Transaction Payment Netting will apply to certain specific Transactions.

Multiple Transaction Payment Netting will not apply for the purpose of Section 2(c) of this Agreement. Nevertheless, to reduce settlement risk and operational costs, the parties agree that they will endeavour to net across as many Transactions as practicable wherever the parties can administratively do so.

Multiple Transaction Payment Netting will not apply for the purpose of Section 2(c) of this Agreement starting from the date of this Agreement. Section 2(c)(ii) will apply.