User:Amwelladmin: Difference between revisions
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“(i) Statement. On or as soon as reasonably practicable following the occurrence of an Early Termination Date, each party will make the calculations on its part, if any, contemplated by Section 6(e) and will provide to the other party a statement | |||
(1) showing, in reasonable detail, such calculations (including any quotations, market data or information from internal sources used in making such calculations), | |||
(1) showing, in reasonable detail, such calculations (including any quotations, market data or information from internal sources used in making such calculations), | (2) specifying (except where there are two Affected Parties) any Early Termination Amount payable and | ||
(3) giving details of the relevant account to which any amount payable to it is to be paid. | |||
(2) specifying (except where there are two Affected Parties) any Early Termination Amount payable and | In the absence of written confirmation from the source of a quotation or market data obtained in determining a Close-out Amount, the records of the party obtaining such quotation or market data will be conclusive evidence of the existence and accuracy of such quotation or market data.”. | ||
(3) giving details of the relevant account to which any amount payable to it is to be paid. | |||
In the absence of written confirmation from the source of a quotation or market data obtained in determining a Close-out Amount, the records of the party obtaining such quotation or market data will be conclusive evidence of the existence and accuracy of such quotation or market data | |||