Template:Gmsla Termination summ

From The Jolly Contrarian
Revision as of 09:41, 20 September 2024 by Amwelladmin (talk | contribs) (Created page with "For reasons we get into more detail about in the premium section (see {{pjchotlink|why termination on notice is useful}}) there is something to be said for being able to terminate on notice something the {{isdama}} does not contemplate). While it does not affect any outstanding Loan, seeing as Loans are, if not outright callable, usually short-dated and preternaturally re-marked to market, outstanding Loans are not an enormous barrier to sweeping the whole arrangement away.")
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For reasons we get into more detail about in the premium section (see why termination on notice is useful) there is something to be said for being able to terminate on notice something the ISDA Master Agreement does not contemplate). While it does not affect any outstanding Loan, seeing as Loans are, if not outright callable, usually short-dated and preternaturally re-marked to market, outstanding Loans are not an enormous barrier to sweeping the whole arrangement away.