Template:Isda 1(c) summ: Difference between revisions

Latest revision as of 11:03, 29 January 2024

{{isda 1(c) summ {{{1}}}|{{{1}}}}}

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-===Section {{ {{{1}}}|1(c)}}===
+{{isda 1(c) summ {{{1}}}|{{{1}}}}}
-Section {{ {{{1}}}|1(c)}} starts getting a bit tastier in that it comprises the [[Single Agreement]]. This is deep ISDA lore, from which all the [[close-out netting]] that gives the {{isdama}} its capital efficiency wings flows.
-{{single agreement capsule|{{{1}}} }}
-Under the {{2002ma}} that single amount is labeled an “{{isdaprov|Early Termination Amount}}”. (It didn’t occur to [[the squad]] to label it at all before then, but the 1992 version is still often referred to as an Early Termination Amount, seeing as “the net amount determined pursuant to Section {{isda92prov|6(e)}}” is a bit of a mouthful).
-As far as we know, this concept first landed in the {{1987ma}}, where it was offhandedly referred to in the preamble, and was promoted to a fully-fledged subclause of Section 1 in the {{1992ma}}.