Termination Currency. Currency selected by the Non-Defaulting Party or the Non-Affected Party for the denomination and payment of the Settlement Amount. Where there are two Affected Parties, the Termination Currency shall be chosen by agreement between them. Should the Parties fail to reach an agreement, the choice shall be up to the Party that has suffered the greatest loss, as determined on the Termination Date. The Termination Currency shall be chosen from among the Currencies already applicable to one of the transactions entered into by the Parties. Date on which all the Transactions between the Parties are terminated or, upon the occurence of a Change of Circumstances, the date on which the affected Transactions are terminated. The Termination Date shall be:
Appears in 2 contracts
Sources: FBF Master Agreement, FBF Master Agreement