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

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(Created page with "{{isdaprov|6(e)(iv)}} '''{{isdaprov|Pre-Estimate}}'''. The parties agree that if {{isdaprov|Market Quotation}} applies an amount recoverable under this Section {{isdaprov|6(e)...")
 
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{{isdaprov|6(e)(iv)}} '''{{isdaprov|Pre-Estimate}}'''. The parties agree that if {{isdaprov|Market Quotation}} applies an amount recoverable under this Section {{isdaprov|6(e)}} is a [[reasonable pre-estimate of loss]] and not a [[penalty]]. Such amount is payable for the loss of [[bargain]] and the loss of protection against future risks and except as otherwise provided in this {{isdaprov|Agreement}} neither party will be entitled to recover any additional damages as a consequence of such losses. <br />
{{isda92prov|6(e)(iv)}} '''{{isda92prov|Pre-Estimate}}'''. The parties agree that if {{isda92prov|Market Quotation}} applies an amount recoverable under this Section {{isda92prov|6(e)}} is a [[reasonable pre-estimate of loss]] and not a [[penalty]]. Such amount is payable for the loss of [[bargain]] and the loss of protection against future risks and except as otherwise provided in this {{isda92prov|Agreement}} neither party will be entitled to recover any additional damages as a consequence of such losses. <br />