Template:IETA Master Agreement Market Amount

“Market Amount” means the sum (whether positive or negative) of (i) the Market Quotation for the Transactions if a Market Quotation is determined and (ii) losses and costs (or gains) in respect of any payment required to have been made and not made or non-compliance with Clauses 5 (Allowance Transfers) or 6 (Effecting Transfers) on or before the Early Termination Date or as a result of suspension under Clause 14.3 (Suspension following Event of Default); or, for the purposes of Clause 14.6 (Termination Payments), the Non-Defaulting Party’s Loss (whether positive or negative) for the Transactions if a Market Quotation cannot be determined or would not (in the reasonable belief of the Non-Defaulting Party) produce a commercially reasonable result.