83,063
edits
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
Line 1: | Line 1: | ||
{{isdaanat|2(c)}} | {{isdaanat|2(c)}} | ||
===[[Settlement netting]], not [[close-out netting]]=== | ===[[Settlement netting]], not [[close-out netting]]=== | ||
Section 2(c) is about “settlement” or “payment” {{tag|netting}} — that is, the operational settlement of offsetting payments due on any day under the normal operation of the Agreement — and not the more drastic [[close-out netting]], which is the {{isdaprov|Early Termination}} of all {{isdaprov|Transactions}} under Section {{isdaprov|6}}. | Section 2(c) is about “settlement” or “payment” {{tag|netting}} — that is, the operational settlement of offsetting payments due on any day under the normal operation of the Agreement — and not the more drastic [[close-out netting]], which is the {{isdaprov|Early Termination}} of all {{isdaprov|Transactions}} under Section {{isdaprov|6}}. | ||
Line 24: | Line 22: | ||
Good on them, eh? | Good on them, eh? | ||
{{ISDA transaction and collateral flows}} | |||
{{seealso}} | {{seealso}} |