Netting of Payments - ISDA Provision: Difference between revisions

===Settlement Netting===

Note this section refers only to settlement {{tag|netting}} - the settlement of offsetting payments due on any day under the normal operation is the Agreement - and not the more drastic close-out {{tag|netting}} - which is the {{isdaprov|Early Termination}} of all Transactions under Section {{isdaprov|6}} and the summing of positive and negative MTMs to arrive at a settlement amount following the occurrence of an {{isdaprov|Event of Default}} or a {{isdaprov|Termination Event}}.

Good on them, eh?

*{{isdaprov|Transaction}}

*{{isdaprov|Confirmation}}

*{{isdaprov|Office}}

*{{isdaprov|Multiple Transaction Payment Netting}}