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| {{manual|MI|2002|Terminated Transactions|Section|Terminated Transactions|medium}} This might help answer the vexed question of why there that curious “[[Right to Terminate Following Event of Default - ISDA Provision|by not more than 20 days’ notice]]” period for a close-out notice under Section {{isdaprov|6(a)}}. You may have a {{isdaprov|Transaction}} that is due to roll off and you want it to settle before you close out the portfolio. It is not a very compelling reason, in fairness. But it at least suggests someone on the [[ISDA]] drafting commitee was thinking about it, even if not especially insightfully. | | {{isdamanual|Terminated Transactions}} |
| ===Proposed ISDA amendments as a result of adjustment to {{isdaprov|Section 2(a)(iii)}}===
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| The {{isdaprov|2(a)(iii)}} amendment seems to have lost its heat but there was a time when [[ISDA]] was proposing the following:
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| :{{ISDA Master Agreement 2002 Terminated Transactions Definition Protocol}}
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Revision as of 09:34, 28 June 2023
2002 ISDA Master Agreement
A Jolly Contrarian owner’s manual™
Terminated Transactions in a Nutshell™
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- The JC’s famous Nutshell™ summary of this clause
- Proposed ISDA amendments as a result of adjustment to Section 2(a)(iii)
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References