Common use of Netting Clause in Contracts

Netting. The parties agree that all payment obligations of Customer to ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ under this Agreement and all payment obligations of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ to Customer under this Agreement will be netted against each other to result in one net payment amount.

Appears in 21 contracts

Sources: Escrow Agreement (Morgan Stanley Dean Witter Charter Grahm Lp), Escrow Agreement (Morgan Stanley Dean Witter Charter Millburn Lp), Commodity Futures Customer Agreement (Witter Dean Principal Plus Fund L P)