Payments on Termination. 40.1 The Calculation Agent, in good faith and acting reasonably, will determine an amount, if any, (the Close-out Amount) that would be paid by (expressed as a positive) or to (expressed as a negative) the non-Affected Party in consideration of an agreement between the non-Affected Party and a third party that would have the effect of preserving for the non-Affected Party the economic equivalent of any payment in respect of the Transaction that would, but for the occurrence of the Early Termination Date, have been required after that date.
Appears in 4 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
Payments on Termination. 40.1 35.1 The Calculation Agent, in good faith and acting reasonably, will determine an the amount, if any, (the βClose-out Amountβ) that would be paid by (expressed as a positive) or to (expressed as a negative) the non-Affected Party affected party in consideration of an agreement between the non-Affected Party affected party and a third party that would have the effect of preserving for the non-Affected Party affected party the economic equivalent of any payment in respect of the a Transaction that would, but for the occurrence of the Early Termination Date, have been required after that date.
Appears in 1 contract
Samples: Online Client Agreement
Payments on Termination. 40.1 41.1 The Calculation Agent, in good faith and acting reasonably, will determine an amount, if any, (the Close-out Amount) that would be paid by (expressed as a positive) or to (expressed as a negative) the non-Affected Party in consideration of an agreement between the non-Affected Party and a third party that would have the effect of preserving for the non-Affected Party the economic equivalent of any payment in respect of the Transaction that would, but for the occurrence of the Early Termination Date, have been required after that date.
Appears in 1 contract
Samples: Client Agreement
Payments on Termination. 40.1 48.1 The Calculation Agent, in good faith and acting reasonably, will determine an amount, if any, (the Close-out Amount) that would be paid by (expressed as a positive) or to (expressed as a negative) the non-Affected Party in consideration of an agreement between the non-non- Affected Party and a third party that would have the effect of preserving for the non-Affected Party the economic equivalent of any payment in respect of the Transaction that would, but for the occurrence of the Early Termination Date, have been required after that date.
Appears in 1 contract
Samples: Client Agreement
Payments on Termination. 40.1 38.1 The Calculation Agent, in good faith and acting reasonably, will determine an amount, if any, (the Close-out Amount) that would be paid by (expressed as a positive) or to (expressed as a negative) the non-Affected Party in consideration of an agreement between the non-Affected Party and a third party that would have the effect of preserving for the non-Affected Party the economic equivalent of any payment in respect of the Transaction that would, but for the occurrence of the Early Termination Date, have been required after that date.
Appears in 1 contract
Samples: Client Agreement
Payments on Termination. 40.1 The 38.1The Calculation Agent, in good faith and acting reasonably, will determine an amount, if any, (the Close-Close- out Amount) that would be paid by (expressed as a positive) or to (expressed as a negative) the non-non- Affected Party in consideration of an agreement between the non-Affected Party and a third party that would have the effect of preserving for the non-Affected Party the economic equivalent of any payment in respect of the Transaction that would, but for the occurrence of the Early Termination Date, have been required after that date.
Appears in 1 contract
Samples: Client Agreement