Template:GTMA Master Agreement 2004 12.4
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12.4 Early Termination Date
12.4.1 If notice designating an Early Termination Date is given under clause 12.3.1, the Early Termination Date will occur on the date so designated even if the circumstances giving rise to the Event of the Default are no longer continuing.
12.4.2 Upon the effective designation of an Early Termination Date: (a) no further payments or compliance with clause 5 will be required in respect of all Transactions; and (b) the amount, if any, payable in respect of an Early Termination Date shall be determined pursuant to clause 12.5.