Template:ISDA English Law Credit Support Annex 1995 6: Difference between revisions

If an {{isdaprov|Early Termination Date}} is designated or deemed to occur as a result of an {{isdaprov|Event of Default}} in relation <br>to a party, an amount equal to the {{csaprov|Value}} of the {{csaprov|Credit Support Balance}}, determined as though the Early <br>Termination Date were a {{csaprov|Valuation Date}}, will be deemed to be an {{csaprov|Unpaid Amount}} due to the {{csaprov|Transferor}} <br>(which may or may not be the {{csaprov|Defaulting Party}}) for purposes of Section {{isdaprov|6(e)}}. For the avoidance of doubt, <br>if {{isdaprov|Market Quotation}} is the applicable payment measure for purposes of Section {{isdaprov|6(e)}}, then the Market <br>Quotation determined under Section {{isdaprov|6(e)}} in relation to the {{isdaprov|Transaction}} constituted by this {{csaprov|Annex}} will be <br>deemed to be zero, and, if {{isdaprov|Loss}} is the applicable payment measure for purposes of Section {{isdaprov|6(e)}}, then the <br>{{isdaprov|Loss}} determined under Section {{isdaprov|6(e)}} in relation to the {{isdaprov|Transaction}} will be limited to the {{isdaprov|Unpaid Amount}} <br>representing the {{csaprov|Value}} of the {{csaprov|Credit Support Balance}}. <br>