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| {{isdasnap|6(e)(i)}}
| | #redirect[[Payments on Early Termination - ISDA Provision]] |
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| ==Section 6(e)(i) {{1992ma}}==
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| ==Section 6(e)(i) {{2002ma}}==
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| ==Commentary==
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| Note the effect of this is that all transactions are terminated and the recourse is to a net sum under Section 6(e) of the master agreement - NOT under the transations. Therefore, if your [[credit support]] (particularly [[guarantee]]s or [[LC|letters of credit]]) explicitly references the Transaction, you may lose any credit support at precisely the point you want to rely on it. Further commentary on the [[Guarantee]] page.
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| {{isdaanatomy}}
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| *[[Guarantee]]
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