Effect of Designation - 1992 ISDA Provision

1992 ISDA Master Agreement
A Jolly Contrarian owner’s manual™

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Index — Click ᐅ to expand: 1992 ISDA

Section 6(c) in a Nutshell™

Use at your own risk, campers!

Template:Nutshell 1992 ISDA 6(c) view template

Full text of Section 6(c)

6(c) Effect of Designation. 6(c)(i) If notice designating an Early Termination Date is given under Section 6(a) or 6(b), the Early Termination Date will occur on the date so designated, whether or not the relevant Event of Default or Termination Event is then continuing. 6(c)(ii) Upon the occurrence or effective designation of an Early Termination Date, no further payments or deliveries under Section 2(a)(i) or 2(e) in respect of the Terminated Transactions will be required to be made, but without prejudice to the other provisions of this Agreement. The amount, if any, payable in respect of an Early Termination Date shall be determined pursuant to Section 6(e). view template