Template:Nutshell 1992 ISDA Settlement Amount

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

(a) the Termination Currency Equivalent of the Market Quotations for each Terminated Transaction for which a Market Quotation is determined; and

(b) such party’s Loss (without reference to any Unpaid Amounts) for each Terminated Transaction for which a Market Quotation cannot be determined or would not (in the determining party’s reasonable opinion) produce a commercially reasonable result.