Close-out Amount - 1992 ISDA Provision: Difference between revisions

Close-out Amount - 1992 ISDA Provision (view source)

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	{{a\|isda\|~~}}Now the dirty secret is that there ''isn’t'' a “Close~~-out Amount” as such under a {{1992ma}} but, in places, on this wiki we’ll refer to one, because it is better, more elegant, more stylish prose than “the amount determined following early termination of a {{isdaprov\|Terminated Transaction}} using {{isdaprov\|Market Quotation}} or {{isdaprov\|Loss}} ([[as the case may be]]) and the {{isdaprov\|Second Method}}, seeing as no-one in their right mind would agree to the {{isdaprov\|First Method}}, under the {{1992ma}}”.		{{nman\|isda\|1992\|Close-out Amount}}