Common use of Second Method and Market Quotation Clause in Contracts

Second Method and Market Quotation. If the Second Method and Market Quotation apply, (I) Counterparty shall pay to Bear ▇▇▇▇▇▇▇ an amount equal to the absolute value of the Settlement Amount in respect of the Terminated Transactions, (II) Counterparty shall pay to Bear ▇▇▇▇▇▇▇ the Termination Currency Equivalent of the Unpaid Amounts owing to Bear ▇▇▇▇▇▇▇ and (III) Bear ▇▇▇▇▇▇▇ shall pay to Counterparty the Termination Currency Equivalent of the Unpaid Amounts owing to Counterparty; provided, however, that (x) the amounts payable under the immediately preceding clauses (II) and (III) shall be subject to netting in accordance with Section 2(c) of this Agreement and (y) notwithstanding any other provision of this Agreement, any amount payable by Bear ▇▇▇▇▇▇▇ under the immediately preceding clause (III) shall not be netted-off against any amount payable by Counterparty under the immediately preceding clause (I)."

Second Method and Market Quotation. If the Second Method and Market Quotation apply, (I) Counterparty shall pay to Bear ▇▇▇▇▇▇▇ an Reference Number: FXNEC9481, FXNEC9482 and FXNEC9483 4 of 30 amount equal to the absolute value of the Settlement Amount in respect of the Terminated Transactions, (II) Counterparty shall pay to Bear ▇▇▇▇▇▇▇ the Termination Currency Equivalent of the Unpaid Amounts owing to Bear ▇▇▇▇▇▇▇ and (III) Bear ▇▇▇▇▇▇▇ shall pay to Counterparty the Termination Currency Equivalent of the Unpaid Amounts owing to Counterparty; provided, however, that (x) the amounts payable under the immediately preceding clauses (II) and (III) shall be subject to netting in accordance with Section 2(c) of this Agreement and (y) notwithstanding any other provision of this Agreement, any amount payable by Bear ▇▇▇▇▇▇▇ under the immediately preceding clause (III) shall not be netted-off against any amount payable by Counterparty under the immediately preceding clause (I)."

Second Method and Market Quotation. If the Second Method and Market Quotation apply, (I) Counterparty shall pay to Bear ▇▇▇▇▇▇▇ Stearns an amount equal to the absolute value of the ▇▇ ▇▇▇ Settlement Amount in respect of the Terminated Transactions, (II) Counterparty shall pay to Bear ▇▇▇▇▇▇▇ Stearns the Termination Currency Equivalent of the Unpaid Amounts owing to Bear Stearns and (III) Bear Stearns shall pay to Counterparty the Term▇▇▇▇▇▇▇ and (III) Bear ▇▇▇▇▇▇▇ shall pay to Counterparty the Termination Currency Equivalent of the Unpaid Amounts owing to Counterparty; provided, however, that (x) the amounts payable under the immediately preceding clauses (II) and (III) shall be subject to netting in accordance with Section 2(c) of this Agreement and (y) notwithstanding any other provision of this Agreement, any amount payable by Bear ▇▇▇▇▇▇▇ Stearns under the immediately preceding clause (III) shall not be netted-off against any amount payable by Counterparty under the immediately preceding clause (I)."

Second Method and Market Quotation. If the Second Method and Market Quotation apply, (I) Counterparty shall pay to Bear ▇▇Stearns an amount equal to the abs▇▇▇▇▇ an amount equal to the absolute value ▇alue of the Settlement Amount in respect of the Terminated Transactions, (II11) Counterparty shall pay to Bear ▇▇▇▇▇▇▇ Stearns the Termination Currency Equivalent of the Unpaid Amounts owing to Bear Stearns and (111) Bear Stearns sha▇▇ ▇▇▇ to Counterparty the ▇▇▇▇▇▇▇ and (III) Bear ▇▇▇▇▇▇▇ shall pay to Counterparty the Termination mination Currency Equivalent of the Unpaid Amounts owing to Counterparty; provided, however, that (x) the amounts payable under the immediately preceding clauses (II11) and (III111) shall be subject to netting in accordance with Section 2(c) of this Agreement and (y) notwithstanding any other provision of this Agreement, any amount payable by Bear ▇▇Stearns under the immediately prec▇▇▇▇▇ under the immediately preceding clause ▇lause (III111) shall not be netted-off against any amount payable by Counterparty under the immediately preceding clause (I)."

Second Method and Market Quotation. If the Second Method and Market Quotation apply, (I) Counterparty shall pay to Bear ▇▇▇▇▇▇▇ Stearns an amount equal to the absolute value of the ▇▇▇ Settlement Amount in respect of the Terminated Transactions, (II) Counterparty shall pay to Bear Stearns the Termination Currency Equivalent of ▇▇▇ ▇▇paid Amounts owing to Bear Stearns and (III) Bear Stearns shall pay to Co▇▇▇▇▇▇▇rty the Terminat▇▇▇ the Termination Currency Equivalent of the Unpaid Amounts owing to Bear ▇▇▇▇▇▇▇ and (III) Bear ▇▇▇▇▇▇▇ shall pay to Counterparty the Termination Currency rency Equivalent of the Unpaid Amounts owing to Counterparty; provided, however, that (x) the amounts payable under the immediately preceding clauses (II) and (III) shall be subject to netting in accordance with Section 2(c) of this Agreement and (y) notwithstanding any other provision of this Agreement, any amount payable by Bear ▇▇▇▇▇▇▇ Stearns under the immediately preceding clause (III▇▇▇) shall not be netted-off against any amount payable by Counterparty under the immediately preceding clause (I)."

Second Method and Market Quotation. If the Second Method and Market Quotation apply, (I) Counterparty shall pay to Bear ▇▇▇▇▇▇▇ an amount equal to the absolute value of the Settlement Amount in respect of the Terminated Transactions, (II) Counterparty shall pay to Bear ▇▇▇▇▇▇▇ the Termination Currency Equivalent of the Unpaid Amounts owing to Bear ▇▇▇▇▇▇▇ and (III) Bear ▇▇▇▇▇▇▇ shall pay to Counterparty the Termination Currency Equivalent of the Unpaid Amounts owing to Counterparty; provided, however, that (x) the amounts payable under the immediately preceding clauses (II) and (III) shall be subject to netting in accordance with Section 2(c) of this Agreement and (y) notwithstanding any other provision of this Agreement, any amount payable by Bear ▇▇▇▇▇▇▇ under the immediately preceding clause (III) shall not be netted-off against any amount payable by Counterparty under the immediately preceding clause (I)."

Second Method and Market Quotation. If the Second Method and Market Quotation apply, (I) Counterparty shall pay to Bear ▇▇▇▇▇▇▇ Stearns an amount equal to the absolute value of the Settlement o▇ ▇▇▇ ▇ettlement Amount in respect of the Terminated Transactions, (II) Counterparty shall pay to Bear Stearns the Termination Currency Equivalent of ▇▇▇ ▇▇▇aid Amounts owing to Bear Stearns and (III) Bear Stearns shall pay to Cou▇▇▇▇▇▇▇ty the Terminati▇▇ the Termination Currency Equivalent of the Unpaid Amounts owing to Bear ▇▇▇▇▇▇▇ and (III) Bear ▇▇▇▇▇▇▇ shall pay to Counterparty the Termination Currency ency Equivalent of the Unpaid Amounts owing to Counterparty; provided, however, that (x) the amounts payable under the immediately preceding clauses (II) and (III) shall be subject to netting in accordance with Section 2(c) of this Agreement and (y) notwithstanding any other provision of this Agreement, any amount payable by Bear ▇▇▇▇▇▇▇ Stearns under the immediately preceding clause (III▇▇▇) shall ▇hall not be netted-off against any amount payable by Counterparty under the immediately preceding clause (I)."