Template:ISDA Master Agreement 2002 6(e)(v): Difference between revisions
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{{isdaprov|6(e)(v)}} '''{{isdaprov|Pre-Estimate}}'''. The parties agree that an amount recoverable under this Section {{isdaprov|6(e)}} is a reasonable pre-estimate of loss and not a penalty. Such amount is payable for the loss of bargain and the loss of protection against future risks, and, except as otherwise provided in this {{isdaprov|Agreement}}, neither party will be entitled to recover any additional damages as a consequence of the termination of the {{isdaprov|Terminated Transactions}}. <br> | :{{isdaprov|6(e)(v)}} '''{{isdaprov|Pre-Estimate}}'''. The parties agree that an amount recoverable under this Section {{isdaprov|6(e)}} is a reasonable pre-estimate of loss and not a penalty. Such amount is payable for the loss of bargain and the loss of protection against future risks, and, except as otherwise provided in this {{isdaprov|Agreement}}, neither party will be entitled to recover any additional damages as a consequence of the termination of the {{isdaprov|Terminated Transactions}}. <br> | ||
Latest revision as of 08:20, 18 April 2018
- 6(e)(v) Pre-Estimate. The parties agree that an amount recoverable under this Section 6(e) is a reasonable pre-estimate of loss and not a penalty. Such amount is payable for the loss of bargain and the loss of protection against future risks, and, except as otherwise provided in this Agreement, neither party will be entitled to recover any additional damages as a consequence of the termination of the Terminated Transactions.