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

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Template:ISDA Master Agreement 1992 6(e)(i) (view source)

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-{{isdaprov|6(e)(i)}} '''{{isdaprov|Events of Default}}'''. If the {{isdaprov|Early Termination Date}} results from an {{isdaprov|Event of Default}}: —<br>
+{{isda92prov|6(e)(i)}} '''{{isda92prov|Events of Default}}'''. If the {{isda92prov|Early Termination Date}} results from an {{isda92prov|Event of Default}}: —
-:(1) '''{{isdaprov|First Method}} and {{isdaprov|Market Quotation}}'''. If the First Method and Market Quotation apply, the <br> {{isdaprov|Defaulting Party}} will pay to the {{isdaprov|Non-defaulting Party}} the excess, if a positive number, of (A) the <br> sum of the {{isdaprov|Settlement Amount}} (determined by the Non-defaulting Party) in respect of the <br>{{isdaprov|Terminated Transactions}} and the {{isdaprov|Termination Currency Equivalent}} of the {{isdaprov|Unpaid Amounts}} owing <br>to the Non-defaulting Party over (B) the Termination Currency Equivalent of the Unpaid Amounts <br>owing to the Defaulting Party. <br>
+:(1) '''{{isda92prov|First Method}} and {{isda92prov|Market Quotation}}'''. If the First Method and Market Quotation apply, the  {{isda92prov|Defaulting Party}} will pay to the {{isda92prov|Non-defaulting Party}} the excess, if a positive number, of (A) the  sum of the {{isda92prov|Settlement Amount}} (determined by the Non-defaulting Party) in respect of the {{isda92prov|Terminated Transactions}} and the {{isda92prov|Termination Currency Equivalent}} of the {{isda92prov|Unpaid Amounts}} owing to the Non-defaulting Party over (B) the {{isda92prov|Termination Currency Equivalent}} of the {{isda92prov|Unpaid Amounts}} owing to the {{isda92prov|Defaulting Party}}.
-:(2) '''{{isdaprov|First Method}} and {{isdaprov|Loss}}'''. If the First Method and Loss apply, the Defaulting Party will pay <br>to the Non-defaulting Party, if a positive number, the Non-defaulting Party’s Loss in respect <br>of this Agreement. <br>
+:(2) '''{{isda92prov|First Method}} and {{isda92prov|Loss}}'''. If the First Method and Loss apply, the {{isda92prov|Defaulting Party}} will pay to the {{isda92prov|Non-defaulting Party}}, if a positive number, the Non-defaulting Party’s {{isda92prov|Loss}} in respect of this {{isda92prov|Agreement}}.
-:(3) '''{{isdaprov|Second Method and Market Quotation}}'''. If the Second Method and Market Quotation apply, <br>an amount will be payable equal to (A) the sum of the {{isdaprov|Settlement Amount}} (determined by the <br>Non-defaulting Party) in respect of the {{isdaprov|Terminated Transactions}} and the {{isdaprov|Termination Currency Equivalent}} <br>of the {{isdaprov|Unpaid Amounts}} owing to the Non-defaulting Party less (B) the Termination <br>Currency Equivalent of the Unpaid Amounts owing to the Defaulting Party. If that amount is <br>a positive number, the Defaulting Party will pay it to the Non-defaulting Party; if it is a negative <br>number, the Non-defaulting Party will pay the absolute value of that amount to the Defaulting <br>Party. <br>
+:(3) '''{{isda92prov|Second Method}} and {{isda92prov|Market Quotation}}'''. If the {{isda92prov|Second Method}} and {{isda92prov|Market Quotation}} apply, an amount will be payable equal to (A) the sum of the {{isda92prov|Settlement Amount}} (determined by the Non-defaulting Party) in respect of the {{isda92prov|Terminated Transactions}} and the {{isda92prov|Termination Currency Equivalent}} of the {{isda92prov|Unpaid Amounts}} owing to the {{isda92prov|Non-defaulting Party}} less (B) the {{isda92prov|Termination Currency Equivalent}} of the {{isda92prov|Unpaid Amounts}} owing to the {{isda92prov|Defaulting Party}}. If that amount is a positive number, the {{isda92prov|Defaulting Party}} will pay it to the {{isda92prov|Non-defaulting Party}}; if it is a negative number, the {{isda92prov|Non-defaulting Party}} will pay the absolute value of that amount to the {{isda92prov|Defaulting Party}}.
-:(4) '''{{isdaprov|Second Method}} and {{isdaprov|Loss}}'''. If the Second Method and Loss apply, an amount will be payable <br>equal to the Non-defaulting Party’s Loss in respect of this Agreement. If that amount is a <br>positive number, the  Defaulting Party will pay it to the Non-defaulting Party; if it is a negative <br>number, the Non-defaulting Party will pay the absolute value of that amount to the Defaulting <br>Party.<br>
+:(4) '''{{isda92prov|Second Method}} and {{isda92prov|Loss}}'''. If the {{isda92prov|Second Method}} and {{isda92prov|Loss}} apply, an amount will be payable equal to the {{isda92prov|Non-defaulting Party}}’s {{isda92prov|Loss}} in respect of this {{isda92prov|Agreement}}. If that amount is a positive number, the  {{isda92prov|Defaulting Party}} will pay it to the {{isda92prov|Non-defaulting Party}}; if it is a negative number, the {{isda92prov|Non-defaulting Party}} will pay the absolute value of that amount to the {{isda92prov|Defaulting Party}}. <br>