Template:Isda 6(e)(i) summ isda92prov: Difference between revisions

no edit summary
No edit summary
No edit summary
Line 1: Line 1:
One thing to say: this is one place where the {{1992ma}} and the {{2002ma}} vary a great deal. The 2002 Master Agreement dramatically simplifies and, after 20 odd years of curmudgeonly refusal to accept this, even the Americans now seem to acknowledge, ''improves'' the process of closing out an ISDA.
One thing to say: this is one of the main places where the {{1992ma}} and the {{2002ma}} are ''very different''. The 2002 Master Agreement dramatically simplifies and, after 20 odd years of curmudgeonly refusal to accept this, even the Americans now seem to acknowledge, ''improves'' the process of closing out an ISDA.


''Anyway''. You chose the 1992, so here we are. (Changed your mind? go [[6(e)(i) - ISDA Provision|''here'']]).
''Anyway''. You chose the 1992, so here we are. (Changed your mind? Flee to safety [[6(e)(i) - ISDA Provision|''here'']]).


Upon a {{{{{1}}}|Termination Event}} under the {{isdama}} it is good to have your payment and calculation methods well-defined. The section {{{{{1}}}|Payments on Early Termination}} ({{isdama}} Section {{{{{1}}}|6(e)}} and Schedule 1(f)) covers this.  
Upon a {{{{{1}}}|Termination Event}} under the {{isdama}} it is good to have your payment and calculation methods well-defined. The section {{{{{1}}}|Payments on Early Termination}} ({{isdama}} Section {{{{{1}}}|6(e)}} and Schedule 1(f)) covers this.