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Early Termination Amount - ISDA Provision: Difference between revisions
Early Termination Amount - ISDA Provision (view source)
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{{isdasnap|6(e)}} | {{isdasnap|6(e)}} | ||
{{isdaprov|Early Termination Amount}} is not actually defined in the {{1992ma}}, but is referred to obliquely in Section {{isdaprov|6(e)}} as | |||
{{box| ...The amount, if any, payable in respect of an Early Termination Date and determined pursuant to this Section ...}} | |||
Correctly, it is probablly best referred to as a "Section {{isdaprov|6(e)}} Amount" under the {{1992ma}}, although of course everyone does call it the ''Early Termination Amount''. This inevitability was recognised in the {{2002ma}}, where it is defined in Section 6(e) as follows: | |||
{{box| ... the amount, if any, payable in respect of that {{isdaprov|Early Termination Date}}.}} | |||
{{isdaanatomy}} | {{isdaanatomy}} | ||