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Second Method - ISDA Provision: Difference between revisions
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''Compare with {{isdaprov|Close-out Amount}} under the {{2002ma}}''<br><br> | ''Compare with {{isdaprov|Close-out Amount}} under the {{2002ma}}''<br><br> | ||
The ''' Second Method''' is a method of determining the {{isdaprov|Early Termination Amount}} due upon close out of an {{1992ma}}. It requires a payment to be made equal to the net value of the terminated transactions, even if this means a payment ''to'' the {{isdaprov|Defaulting Party}}. | The ''' Second Method''' is a method of determining the {{isdaprov|Early Termination Amount}} due upon close out of an {{1992ma}}. It requires a payment to be made equal to the net value of the terminated transactions, even if this means a payment ''to'' the {{isdaprov|Defaulting Party}}. | ||