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Template:M comp disc 2002 ISDA 6(e): Difference between revisions
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{{ISDA 2002 Section 6(e) TOC}} | {{ISDA 2002 Section 6(e) TOC}} | ||
{{isdaprov|Early Termination Amount}} is not actually defined in the {{1992ma}}, but is referred to obliquely in Section {{isdaprov|6(e)}} as: | |||
:''...The amount, [[if any]], payable in respect of an {{isdaprov|Early Termination Date}} and determined pursuant to this Section ...'' | |||
Correctly, it is best referred to as a “Section {{isdaprov|6(e)}} Amount” under the {{1992ma}}, although of course everyone does call it the ''{{isdaprov|Early Termination Amount}}''. This inevitability was recognised in the {{2002ma}}, where it is defined in Section {{isdaprov|6(e)}} as follows: | |||
:''... the amount, if any, payable in respect of that {{isdaprov|Early Termination Date}}.'' | |||
But the {{2002ma}} also has a “{{isdaprov|Close-out Amount}}”, so you may want to know what is {{isdaprov|The difference between the Early Termination Amount and the Close-out Amount}}. Yes? [[The difference between the Early Termination Amount and the Close-out Amount - ISDA Provision|Go on, then!]] | |||