Template:ISDA Master Agreement 1992 Settlement Amount: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
VisualWikitext
Created page with "“'''{{isdaprov|Settlement Amount}}'''” means, with respect to a party and any {{isdaprov|Early Termination Date}}, the sum of: — :(a) the {{isdaprov|Termination Currency..."
 
No edit summary
 
Line 1: Line 1:
“'''{{isdaprov|Settlement Amount}}'''” means, with respect to a party and any {{isdaprov|Early Termination Date}}, the sum of: —
“'''{{isda92prov|Settlement Amount}}'''” means, with respect to a party and any {{isda92prov|Early Termination Date}}, the sum of: —
:(a) the {{isdaprov|Termination Currency Equivalent}} of the {{isdaprov|Market Quotation}}s (whether positive or negative) for each {{isdaprov|Terminated Transaction}} or group of {{isdaprov|Terminated Transaction}}s for which a {{isdaprov|Market Quotation}} is determined; and
:(a) the {{isda92prov|Termination Currency Equivalent}} of the {{isda92prov|Market Quotation}}s (whether positive or negative) for each {{isda92prov|Terminated Transaction}} or group of {{isda92prov|Terminated Transaction}}s for which a {{isda92prov|Market Quotation}} is determined; and
:(b) such party’s {{isdaprov|Loss}} (whether positive or negative and without reference to any {{isdaprov|Unpaid Amounts}}) for each {{isdaprov|Terminated Transaction}} or group of {{isdaprov|Terminated Transaction}}s for which a {{isdaprov|Market Quotation}} cannot be determined or would not (in the reasonable belief of the party making the determination) produce a commercially reasonable result. <br>
:(b) such party’s {{isda92prov|Loss}} (whether positive or negative and without reference to any {{isda92prov|Unpaid Amounts}}) for each {{isda92prov|Terminated Transaction}} or group of {{isda92prov|Terminated Transaction}}s for which a {{isda92prov|Market Quotation}} cannot be determined or would not (in the reasonable belief of the party making the determination) produce a commercially reasonable result. <br>

Latest revision as of 18:56, 2 February 2020

“Settlement Amount” means, with respect to a party and any Early Termination Date, the sum of: —

(a) the Termination Currency Equivalent of the Market Quotations (whether positive or negative) for each Terminated Transaction or group of Terminated Transactions for which a Market Quotation is determined; and
(b) such party’s Loss (whether positive or negative and without reference to any Unpaid Amounts) for each Terminated Transaction or group of Terminated Transactions for which a Market Quotation cannot be determined or would not (in the reasonable belief of the party making the determination) produce a commercially reasonable result.
Retrieved from "https://jollycontrarian.com/index.php?title=Template:ISDA_Master_Agreement_1992_Settlement_Amount&oldid=39838"