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Expenses - ISDA Provision: Difference between revisions
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{{ | {{isdaanat|11}} | ||
Observers will note that, but for the odd comma, | Observers will note that, but for the odd comma, the {{1992ma}} and the {{2002ma}} are identical. And deliciously brief. | ||
Not that they ''couldn’t'' be improved, of course; they just weren’t. | Not that they ''couldn’t'' be improved, of course; they just weren’t. | ||
The {{isdaprov|Expenses}} referred to in this provision would not be captured by the definition of "'''{{isdaprov|Close Out Amount}}'''" or "'''{{isdaprov|Early Termination Amount}}'''" because, [[qed]], they arise only once that amount has been determined and the non-defaulting party is in the process of collecting it. | The {{isdaprov|Expenses}} referred to in this provision would not be captured by the definition of "'''{{isdaprov|Close Out Amount}}'''" or "'''{{isdaprov|Early Termination Amount}}'''" because, [[qed]], they arise only once that amount has been determined and the non-defaulting party is in the process of collecting it. | ||