Common use of Matching Payments Clause in Contracts

Matching Payments. The parties agree and confirm that Transactions entered into pursuant to this Master Agreement either shall have matching or corresponding Scheduled Payment Dates or shall have Party A's Scheduled Payment Dates occurring more frequently than Party B's Scheduled Payment Dates. If, despite the foregoing, a Transaction is entered into other than as above, the parties shall make (i) such amendments to this Master Agreement; (ii) include such provisions in the Confirmation for such Transaction; or (iii) enter into such other arrangements, as may reasonably be necessary to give effect to such Transaction pursuant to this Master Agreement.

Appears in 2 contracts

Sources: Master Agreement (Enron Oil & Gas Co), Master Agreement (Enron Oil & Gas Co)