Template:M summ 2002 ISDA Terminated Transactions: Difference between revisions

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Created page with "This might help answer the vexed question of why there that curious “by not more than 20 days’ notice”..."
 
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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.
 

Latest revision as of 08:57, 15 August 2024