Interest and Compensation - ISDA Provision: Difference between revisions
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Amwelladmin (talk | contribs) (Replaced content with "{{isdasnap|9(h)}} =={{1992ma}}== There is no provision 9(h) in the {{1992ma}}. See instead {{isdaprov|Default Interest}} under Section 2(e). =={{2002ma}}== From the "[[y...") |
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== | ===Commentary=== | ||
From the "[[you'll be sorry you asked]]" file: | From the "[[you'll be sorry you asked]]" file: | ||
Revision as of 10:32, 14 September 2012
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.