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Template:M summ 1992 ISDA Loss: Difference between revisions
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{{isda92prov|Loss}} is a means of valuing {{isda92prov|Transaction}}s following their {{isda92prov|Early Termination}} under the {{1992isda}}. | {{isda92prov|Loss}} is a means of valuing {{isda92prov|Transaction}}s following their {{isda92prov|Early Termination}} under the {{1992isda}}. | ||
Spoddy point: unlike its alternative {{isda92prov|Market Quotation}}, “{{isda92prov|Loss}}” ''includes'' the “{{isda92prov|Unpaid | Spoddy point: unlike its alternative {{isda92prov|Market Quotation}}, “{{isda92prov|Loss}}” ''includes'' the “{{isda92prov|Unpaid Amounts}}” concept in its definition: | ||
:“...{{isda92prov|Loss}} includes losses and costs (or gains) in respect of any payment or delivery required to have been made (assuming satisfaction of each applicable condition precedent) on or before the relevant {{isda92prov|Early Termination Date}} and not made, except, so as to avoid duplication, if Section {{isda92prov|6(e)(i)}}(1) or (3) ''[i.e., either version of {{isdaprov|First Method}}]'' '''{{font colour|green|or}}''' {{isda92prov|6(e)(ii)}}(2)(A) ''[i.e., {{isdaprov|Second Method}} and {{isdaprov|Market Quotation}}]'' applies...” | :“...{{isda92prov|Loss}} includes losses and costs (or gains) in respect of any payment or delivery required to have been made (assuming satisfaction of each applicable condition precedent) on or before the relevant {{isda92prov|Early Termination Date}} and not made, except, so as to avoid duplication, if Section {{isda92prov|6(e)(i)}}(1) or (3) ''[i.e., either version of {{isdaprov|First Method}}]'' '''{{font colour|green|or}}''' {{isda92prov|6(e)(ii)}}(2)(A) ''[i.e., {{isdaprov|Second Method}} and {{isdaprov|Market Quotation}}]'' applies...” | ||