Template:Nutshell 2002 ISDA Unpaid Amounts: Difference between revisions
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:(a) in respect of all {{isdaprov|Terminated Transactions}}, all amounts that had become payable but which remain unpaid; <br> | :(a) in respect of all {{isdaprov|Terminated Transactions}}, all amounts that had become payable but which remain unpaid; <br> | ||
:(b) in respect of each {{isdaprov|Terminated Transaction}}, the fair market value of each obligation which had become due for delivery but has not been delivered; and <br> | :(b) in respect of each {{isdaprov|Terminated Transaction}}, the fair market value of each obligation which had become due for delivery but has not been delivered; and <br> | ||
:(c) | :(c) where all {{isdaprov|Transactions}} are being terminated on the {{isdaprov|Early Termination Date}}, any due but unpaid {{isdaprov|Early Termination Amount}}s relating to a prior {{isdaprov|Termination Event}}, <br> | ||
together with | together in each case with accrued but unpaid [[interest]]. <br> | ||
Latest revision as of 09:39, 18 April 2018
“Unpaid Amounts” owing to any party means, with respect to a Early Termination Date, the aggregate, in each case as at such Early Termination Date, and together with any the Non-Defaulting Party’s Expenses, of:
- (a) in respect of all Terminated Transactions, all amounts that had become payable but which remain unpaid;
- (b) in respect of each Terminated Transaction, the fair market value of each obligation which had become due for delivery but has not been delivered; and
- (c) where all Transactions are being terminated on the Early Termination Date, any due but unpaid Early Termination Amounts relating to a prior Termination Event,
together in each case with accrued but unpaid interest.