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

no edit summary
No edit summary
No edit summary
Line 1: Line 1:
{{isdaprov|6(e)}} '''{{isdaprov|Payments on Early Termination}}'''. If an {{isdaprov|Early Termination Date}} occurs, the following provisions shall apply based on the <br>parties’ election in the {{isdaprov|Schedule}} of a payment measure, either “{{isdaprov|Market Quotation}}” or “{{isdaprov|Loss}}”, and a payment method, either <br>the “{{isdaprov|First Method}}” or the “{{isdaprov|Second Method}}”. If the parties fail to designate a payment measure or payment method in the <br>{{isdaprov|Schedule}}, it will be deemed that “{{isdaprov|Market Quotation}}” or the “{{isdaprov|Second Method}}”, as the case may be, shall apply. The amount, if <br>any, payable in respect of an {{isdaprov|Early Termination Date}} and determined pursuant to this Section will be subject to any {{isdaprov|Set-off}}.
{{isdaprov|6(e)}} '''{{isdaprov|Payments on Early Termination}}'''. If an {{isdaprov|Early Termination Date}} occurs, the following provisions <br>shall apply based on the parties’ election in the {{isdaprov|Schedule}} of a payment measure, either “{{isdaprov|Market Quotation}}” <br>or “{{isdaprov|Loss}}”, and a payment method, either the “{{isdaprov|First Method}}” or the “{{isdaprov|Second Method}}”. If the parties fail to <br>designate a payment measure or payment method in the {{isdaprov|Schedule}}, it will be deemed that “{{isdaprov|Market Quotation}}” <br>or the “{{isdaprov|Second Method}}”, as the case may be, shall apply. The amount, if any, payable in respect of an Early <br>Termination Date and determined pursuant to this Section will be subject to any {{isdaprov|Set-off}}.