Template:Nutshell 1992 ISDA Settlement Amount: Difference between revisions
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Amwelladmin (talk | contribs) Created page with "“'''{{isdaprov|Settlement Amount}}'''” means, for a party and any {{isdaprov|Early Termination Date}}, the sum of: — :(a) the {{isdaprov|Termination Currency Equivalent}..." |
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“'''{{ | “'''{{isda92prov|Settlement Amount}}'''” means, for a party and any {{isda92prov|Early Termination Date}}, the sum of: — | ||
:(a) the {{ | :(a) the {{isda92prov|Termination Currency Equivalent}} of the {{isda92prov|Market Quotation}}s for each {{isda92prov|Terminated Transaction}} for which a {{isda92prov|Market Quotation}} is determined; and | ||
:(b) such party’s {{ | :(b) such party’s {{isda92prov|Loss}} (without reference to any {{isda92prov|Unpaid Amounts}}) for each {{isda92prov|Terminated Transaction}} for which a {{isda92prov|Market Quotation}} cannot be determined or would not (in the determining party’s reasonable opinion) produce a commercially reasonable result. <br> | ||
Latest revision as of 14:25, 16 March 2020
“Settlement Amount” means, for a party and any Early Termination Date, the sum of: —
- (a) the Termination Currency Equivalent of the Market Quotations for each Terminated Transaction for which a Market Quotation is determined; and
- (b) such party’s Loss (without reference to any Unpaid Amounts) for each Terminated Transaction for which a Market Quotation cannot be determined or would not (in the determining party’s reasonable opinion) produce a commercially reasonable result.