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Termination Currency - ISDA Provision (view source)
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{{fullanat2|isda|Termination Currency|2002|Termination Currency|1992}} | {{fullanat2|isda|Termination Currency|2002|Termination Currency|1992}} | ||
the sort of thing you might expect to see specified in the schedule is this: | |||
:“{{isdaprov|Termination Currency}}” means one of the currencies in which payments are required to be made under a {{isdaprov|Terminated Transaction}} selected by the {{isdaprov|Non-defaulting Party}} or the {{isdaprov|non-Affected Party}}, [[as the case may be]], or where there are two {{isdaprov|Affected Parties}}, as agreed between them or, if not agreed, or if the selected currency so is not freely available, [U.S. Dollars][Euro][Pounds Sterling]. | |||
{{Comm}} | {{Comm}} | ||
Compare and contrast with the {{csaprov|Base Currency}} in the {{tag|CSA}}. Ideally, you’d want them to be the same. | Compare and contrast with the {{csaprov|Base Currency}} in the {{tag|CSA}}. Ideally, you’d want them to be the same. | ||