Template:ISDA Master Agreement 1992 6(e): Difference between revisions
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{{ | {{isda92prov|6(e)}} '''{{isda92prov|Payments on Early Termination}}'''. If an {{isda92prov|Early Termination Date}} occurs, the following provisions shall apply based on the parties’ election in the {{isda92prov|Schedule}} of a payment measure, either “{{isda92prov|Market Quotation}}” or “{{isda92prov|Loss}}”, and a payment method, either the “{{isda92prov|First Method}}” or the “{{isda92prov|Second Method}}”. If the parties fail to designate a payment measure or payment method in the {{isda92prov|Schedule}}, it will be deemed that “{{isda92prov|Market Quotation}}” or the “{{isda92prov|Second Method}}”, as the case may be, shall apply. The amount, if any, payable in respect of an {{isda92prov|Early Termination Date}} and determined pursuant to this Section will be subject to any {{isda92prov|Set-off}}. <br> |