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| {{ISDA 2002 Section 6(e) TOC}} | | {{t|M comp disc 2002 ISDA 6(e)}} |
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| {{isdaprov|Early Termination Amount}} is not actually defined in the {{1992ma}}, but is referred to obliquely in Section {{isdaprov|6(e)}} as:
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| :''...The amount, [[if any]], payable in respect of an {{isdaprov|Early Termination Date}} and determined pursuant to this Section ...''
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| 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:
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| :''... the amount, if any, payable in respect of that {{isdaprov|Early Termination Date}}.''
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| But the {{2002ma}} also has a “{{isdaprov|Close-out Amount}}”, so you may want to know what the difference between the {{isdaprov|Early Termination Amount}} and the {{isdaprov|Close-out Amount}}, you know, ''is''. Yes?
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Revision as of 12:24, 27 June 2023