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Set-off - ISDA Provision: Difference between revisions
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==Commentary== | ==Commentary== | ||
In a | In a {{nutshell}}: | ||
{{box|Without prejudice to its other rights, an {{isdaprov|Innocent Party}} may set-off any part of an {{isdaprov|Early Termination Amount}} (in respect of all outstanding {{isdaprov|Transactions}}) against any “Other Amounts” payable under any agreement between the parties. <br> | {{box|Without prejudice to its other rights, an {{isdaprov|Innocent Party}} may set-off any part of an {{isdaprov|Early Termination Amount}} (in respect of all outstanding {{isdaprov|Transactions}}) against any “Other Amounts” payable under any agreement between the parties. <br> | ||