Payments on Early Termination - ISDA Provision: Difference between revisions

Payments on Early Termination - ISDA Provision (view source)

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-=={{1992ma}}==
+{{isdasnap|6(a)}}
- (e) Payments on Early Termination. If an Early Termination Date occurs, the following provisions shall apply based on the
- parties’ election in the Schedule of a payment measure, either “{{isdaprov|Market Quotation}}” or “{{isdaprov|Loss}}”, and a payment method, either
- the “{{isdaprov|First Method}}” or the “{{isdaprov|Second Method}}”. If the parties fail to designate a payment measure or payment method in the
- Schedule, it will be deemed that “Market Quotation” or the “Second Method”, as the case may be, shall apply. The amount, if
- any, payable in respect of an {{isdaprov|Early Termination Date}} and determined pursuant to this Section will be subject to any [[Set-off]].
 ==Section 6(e) Payments on Early Termination {{1992ma}}==