Template:ISDA Master Agreement 2002 6(c): Difference between revisions

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{{isdaprov|6(c)}} '''{{isdaprov|Effect of Designation}}'''. <br>
{{isdaprov|6(c)}} '''{{isdaprov|Effect of Designation}}'''.  
:(i) If notice designating an {{isdaprov|Early Termination Date}} is given under Section {{isdaprov|6(a)}} or {{isdaprov|6(b)}}, the Early <br>Termination Date will occur on the date so designated, whether or not the relevant {{isdaprov|Event of Default}} or <br>{{isdaprov|Termination Event}} is then continuing. <br>(ii) Upon the occurrence or effective designation of an {{isdaprov|Early Termination Date}}, no further payments or <br>deliveries under Section {{isdaprov|2(a)(i)}} or {{isdaprov|9(h)(i)}} in respect of the {{isdaprov|Terminated Transactions}} will be required to be <br>made, but without prejudice to the other provisions of this {{isdaprov|Agreement}}. The amount, if any, payable in <br>respect of an {{isdaprov|Early Termination Date}} will be determined pursuant to Sections {{isdaprov|6(e)}} and {{isdaprov|9(h)(ii)}}. <br>
:(i) If notice designating an {{isdaprov|Early Termination Date}} is given under Section {{isdaprov|6(a)}} or {{isdaprov|6(b)}}, the Early Termination Date will occur on the date so designated, whether or not the relevant {{isdaprov|Event of Default}} or {{isdaprov|Termination Event}} is then continuing. (ii) Upon the occurrence or effective designation of an {{isdaprov|Early Termination Date}}, no further payments or deliveries under Section {{isdaprov|2(a)(i)}} or {{isdaprov|9(h)(i)}} in respect of the {{isdaprov|Terminated Transactions}} will be required to be made, but without prejudice to the other provisions of this {{isdaprov|Agreement}}. The amount, if any, payable in respect of an {{isdaprov|Early Termination Date}} will be determined pursuant to Sections {{isdaprov|6(e)}} and {{isdaprov|9(h)(ii)}}. <br>

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