Template:ISDA Master Agreement 1992 6(c): Difference between revisions

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{{isdaprov|6(c)}} '''{{isdaprov|Effect of Designation}}'''.  
{{isda92prov|6(c)}} '''{{isda92prov|Effect of Designation}}'''.  
:(i) If notice designating an {{isdaprov|Early Termination Date}} is given under Section {{isdaprov|6(a)}}  or {{isdaprov|6(b)}}, the Early Termination Date will occur on the date so designated, whether or not the relevant {{isdaprov|Event of Default}} or {{isdaprov|Termination Event}} is then continuing. (ii) Upon the occurrence or effective designation of an {{isdaprov|Early Termination Date}}, no further payments or deliveries under Section {{isdaprov|2(a)(i)}} or {{isdaprov|2(e)}} in respect of the {{isdaprov|Terminated Transaction}}s will  be required to be made, but [[without prejudice]] to the other provisions of this Agreement. The amount, if any, payable in respect of an {{isdaprov|Early Termination Date}} shall be determined pursuant to Section {{isdaprov|6(e)}}. <br />
:{{isda92prov|6(c)(i)}} If notice designating an {{isda92prov|Early Termination Date}} is given under Section {{isda92prov|6(a)}}  or {{isda92prov|6(b)}}, the Early Termination Date will occur on the date so designated, whether or not the relevant {{isda92prov|Event of Default}} or {{isda92prov|Termination Event}} is then continuing.  
:{{isda92prov|6(c)(ii)}} Upon the occurrence or effective designation of an {{isda92prov|Early Termination Date}}, no further payments or deliveries under Section {{isda92prov|2(a)(i)}} or {{isda92prov|2(e)}} in respect of the {{isda92prov|Terminated Transaction}}s will  be required to be made, but [[without prejudice]] to the other provisions of this Agreement. The amount, if any, payable in respect of an {{isda92prov|Early Termination Date}} shall be determined pursuant to Section {{isda92prov|6(e)}}. <br />