Template:Nutshell 2002 ISDA 6(f)

6(f) An Innocent Party may set-off any part of an Early Termination Amount (in respect of all outstanding Transactions) against any “Other Amounts” payable under any agreement between the parties.

To do so it may:

• convert one such amount into the other’s currency at a commercially reasonable rate.
• make a good faith estimate of any unascertained obligation, provided it accounts for any difference when such an amount is finally ascertained.
  

The Innocent Party must give notice of any set-off. This clause does not create any security interest.