Template:ISDA Cross-Agreement Bridge 2001 1(e): Difference between revisions

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{{isdabridgeprov|1(e)}} If {{isdaprov|Market Quotation}} is the applicable payment measure for purposes of Section {{isdaprov|6(e)}}, then the {{isdaprov|Market Quotation}} determined under Section {{isdaprov|6(e)}} in relation to the {{isdaprov|Terminated Transaction}} constituted by a {{isdaprov|Bridged Agreement}} will be deemed to be zero, and, if this {{isdaprov|Loss}} is the applicable payment measure for purposes of Section {{isdaprov|6(e)}}, then the this {{isdaprov|Loss}} determined under Section {{isdaprov|6(e)}} in relation to that {{isdaprov|Terminated Transaction}} will be limited to the sum of the this {{isdaprov|Unpaid Amounts}} determined in respect of that {{isdaprov|Terminated Transaction}}.<ref>If the parties have agreed that “Replacement Value” is the applicable payment measure, the following should be included in place of this sentence: “The Replacement Value determined under Section {{isdaprov|6(e)}} in relation to the Terminated {{isdaprov|Transaction}} constituted by a {{isdaprov|Bridged Agreement}} will be deemed to be zero.”</ref> <br>
:{{isdabridgeprov|1(e)}} If {{isdaprov|Market Quotation}} is the applicable payment measure for purposes of Section {{isdaprov|6(e)}}, then the {{isdaprov|Market Quotation}} determined under Section {{isdaprov|6(e)}} in relation to the {{isdaprov|Terminated Transaction}} constituted by a {{isdaprov|Bridged Agreement}} will be deemed to be zero, and, if this {{isdaprov|Loss}} is the applicable payment measure for purposes of Section {{isdaprov|6(e)}}, then the this {{isdaprov|Loss}} determined under Section {{isdaprov|6(e)}} in relation to that {{isdaprov|Terminated Transaction}} will be limited to the sum of the this {{isdaprov|Unpaid Amounts}} determined in respect of that {{isdaprov|Terminated Transaction}}.<ref>If the parties have agreed that “Replacement Value” is the applicable payment measure, the following should be included in place of this sentence: “The Replacement Value determined under Section {{isdaprov|6(e)}} in relation to the Terminated {{isdaprov|Transaction}} constituted by a {{isdaprov|Bridged Agreement}} will be deemed to be zero.”</ref> <br>