Interest and Compensation - ISDA Provision: Difference between revisions
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Revision as of 00:36, 3 August 2016
In gory detail
1992 ISDA |
2002 ISDA
9(h)(ii) Early Termination. Upon the occurrence or effective designation of an Early Termination Date in respect of a Transaction:―
9(h)(iii) Interest Calculation. Any interest pursuant to this Section 9(h) will be calculated on the basis of daily compounding and the actual number of days elapsed. |
Commentary
From the "you'll be sorry you asked" file:
Well, you did ask.