Template:Nutshell 2002 ISDA 6(e)(v): Difference between revisions

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(Created page with ":{{isdaprov|6(e)(v)}} '''{{isdaprov|Pre-Estimate}}'''. The parties acknowledge that: ::(a) Section {{isdaprov|6(e)}} {{isdaprov|Termination Amount}}s are reasonable pre-estim...")
 
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:{{isdaprov|6(e)(v)}} '''{{isdaprov|Pre-Estimate}}'''. The parties acknowledge that:  
:{{isdaprov|6(e)(v)}} '''{{isdaprov|Pre-Estimate}}'''. The parties acknowledge that:  
::(a) Section {{isdaprov|6(e)}} {{isdaprov|Termination Amount}}s are reasonable pre-estimates of loss and not penalties; and <br>
::(a) Each {{isdaprov|Early Termination Amount}} is a reasonable pre-estimate of loss and not a penalty; and <br>
::(b) neither party may recover any additional damages as a consequence of terminating {{isdaprov|Terminated Transactions}}. <br>
::(b) neither party may recover any additional damages as a consequence of terminating {{isdaprov|Terminated Transactions}}. <br>

Latest revision as of 09:45, 18 April 2018

6(e)(v) Pre-Estimate. The parties acknowledge that:
(a) Each Early Termination Amount is a reasonable pre-estimate of loss and not a penalty; and
(b) neither party may recover any additional damages as a consequence of terminating Terminated Transactions.