Template:M comp disc 2002 ISDA 2(c): Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) Created page with "===Settlement netting, not close-out netting=== Section 2(c) is about “settlement” or “payment” {{tag|netting}} — that is, the operational settlement of offs..." Tags: Mobile edit Mobile web edit |
Amwelladmin (talk | contribs) No edit summary Tags: Mobile edit Mobile web edit |
||
| Line 1: | Line 1: | ||
===[[Settlement netting]], not [[close-out netting]]=== | ===[[Settlement netting]], not [[close-out netting]]=== | ||
Section 2(c) is about “settlement” or “payment” {{tag|netting}} — that is, the operational settlement of offsetting payments due on any day under the normal operation of the Agreement — and not the more drastic [[close-out netting]], which is the {{isdaprov|Early Termination}} of all {{isdaprov|Transactions}} under Section {{isdaprov|6}}. | Section {{isdaprov|2(c)}} is about “settlement” or “payment” {{tag|netting}} — that is, the operational settlement of offsetting payments due on any day under the normal operation of the Agreement — and not the more drastic [[close-out netting]], which is the {{isdaprov|Early Termination}} of all {{isdaprov|Transactions}} under Section {{isdaprov|6}}. | ||
If you want | If you want '''[[close-out netting]]''', see here: | ||
* {{isdaprov|Single Agreement}} | * {{isdaprov|Single Agreement}} | ||
* {{isdaprov|Early Termination Amount}} | * {{isdaprov|Early Termination Amount}} | ||
Revision as of 17:34, 18 February 2020
Settlement netting, not close-out netting
Section 2(c) is about “settlement” or “payment” netting — that is, the operational settlement of offsetting payments due on any day under the normal operation of the Agreement — and not the more drastic close-out netting, which is the Early Termination of all Transactions under Section 6.
If you want close-out netting, see here: