Settlement Amount definition
Settlement Amount has the meaning specified in Section 14.02(a)(iv).
Settlement Amount means, with respect to a party and any Early Termination Date, the sum of:-
Examples of Settlement Amount in a sentence
For the avoidance of doubt, on the Cash Settlement Payment Date the Seller shall remit to the Counterparty an amount equal to the Settlement Amount and shall not otherwise be required to return to the Counterparty any of the Prepayment Amount.
More Definitions of Settlement Amount
Settlement Amount means, with respect to a Transaction and the Non-Defaulting Party, the Losses or Gains, and Costs, including those which such Party incurs as a result of the liquidation of a Terminated Transaction pursuant to Section 5.2.
Settlement Amount means, with respect to any Early Termination Date, an amount (as determined by Party B) equal to the Termination Currency Equivalent of the amount (whether positive or negative) of any Market Quotation for the relevant Terminated Transaction or group of Terminated Transactions that is accepted by Party B so as to become legally binding; provided that:
Settlement Amount means the amount in US$ equal to the sum of Losses, Gains, and Costs, which the Non-Defaulting Party incurs as a result of the termination of this Agreement.
Settlement Amount has the meaning specified in Section 4.03(a) hereof.
Settlement Amount means, with respect to any Early Termination Date:
Settlement Amount means an amount that the Non-Defaulting Party is entitled to and that is to be paid by the Defaulting Party calculated pursuant to Section 9.4.
Settlement Amount means the Non-Defaulting Party’s Costs and Losses, on the one hand, netted against its Gains, on the other. If the Non-Defaulting Party’s Costs and Losses exceed its Gains, then the Settlement Amount shall be an amount owing to the Non-Defaulting Party. If the Non-Defaulting Party’s Gains exceed its Costs and Losses, then the Settlement Amount shall be zero dollars ($0). The Settlement Amount does not include consequential, incidental, punitive, exemplary or indirect or business interruption damages.