Close-out Amount - ISDA Provision: Difference between revisions

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Close-out amount as a concept was introduced in the {{2002ma}} and doesn't exist under the {{1992ma}}. Instead, terminated transactions are determined according to {{isdaprov|Market Quotation}} or {{isdaprov|Loss}}. <br />
{{newisdamanual|Close-out Amount}}
{{isdacomparison}} <br />
There are some local variations which are worth bearing in mind:
===Close-out amount and Italian counterparties===
See for more detail, here: [[Close-out Amount - ISDA Provision/Italian counterparties|Italian counterparties]]
 
==={{2002ma}}===
From the [[you'll be sorry you asked]] file.
{{nuts|2002 ISDA|Close-out Amount}}
 
If, having read that, you're still not really feeling sorry, the full text might get your remorse radar pinging:
{{box|
{{isdaquote|{{ISDA Master Agreement 2002 {{{1}}}}}|{{{1}}}|2002}}
}}
 
 
 
{{isdaanatomy|Close-out Amount}}
{{isia}}
*{{isdaprov|Market Quotation}}
*{{isdaprov|Loss}}