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| {{fullanat2|isda|6(e)|2002|6(e)|1992}}
| | #redirect[[Payments on Early Termination - ISDA Provision]] |
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| {{isdaprov|Early Termination Amount}} is not actually defined in the {{1992ma}}, but is referred to obliquely in Section {{isdaprov|6(e)}} as:
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| :''...The amount, if any, payable in respect of an Early Termination Date and determined pursuant to this Section ...''
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| Correctly, it is best referred to as a "Section {{isdaprov|6(e)}} Amount" under the {{1992ma}}, although of course everyone does call it the ''Early Termination Amount''. This inevitability was recognised in the {{2002ma}}, where it is defined in Section 6(e) as follows:
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| :''... the amount, if any, payable in respect of that {{isdaprov|Early Termination Date}}.''
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| But the {{2002ma}} also has a close-out Amount, so you may want to know what is {{isdaprov|the difference between the Early Termination Amount and the Close-out Amount}}. Yes? Go on, then!
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Latest revision as of 22:33, 13 March 2024