Template:Isda Unpaid Amounts comp

From The Jolly Contrarian
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{{{{{1}}}|Unpaid Amounts}} are of interest in two cases:

Default — obviously, they a significant possibility where a party is not meeting its obligations as they fall due; and

When taking credit support — because they must be remembered when calculating ones Exposure.

You may want to know where {{{{{1}}}|Unpaid Amounts}} feature in the ISDA Master Agreement. The answer: In {{{{{1}}}|Payments on Early Termination}}: Section {{{{{1}}}|6(e)(i)}} (for {{{{{1}}}|Events of Default}}) and {{{{{1}}}|6(e)(ii)}} (for {{{{{1}}}|Termination Events}}) and {{{{{1}}}|6(e)(iv)}} ({{{{{1}}}|Adjustment for Illegality or Force Majeure Event}}).