Template:ISDA Master Agreement 1992 Settlement Amount: Difference between revisions

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“'''{{isdaprov|Settlement Amount}}'''” means, with respect to a party and any {{isdaprov|Early Termination Date}}, the sum of: —
“'''{{isda92prov|Settlement Amount}}'''” means, with respect to a party and any {{isda92prov|Early Termination Date}}, the sum of: —
:(a) the {{isdaprov|Termination Currency Equivalent}} of the {{isdaprov|Market Quotation}}s (whether positive or negative) for each {{isdaprov|Terminated Transaction}} or group of {{isdaprov|Terminated Transaction}}s for which a {{isdaprov|Market Quotation}} is determined; and
:(a) the {{isda92prov|Termination Currency Equivalent}} of the {{isda92prov|Market Quotation}}s (whether positive or negative) for each {{isda92prov|Terminated Transaction}} or group of {{isda92prov|Terminated Transaction}}s for which a {{isda92prov|Market Quotation}} is determined; and
:(b) such party’s {{isdaprov|Loss}} (whether positive or negative and without reference to any {{isdaprov|Unpaid Amounts}}) for each {{isdaprov|Terminated Transaction}} or group of {{isdaprov|Terminated Transaction}}s for which a {{isdaprov|Market Quotation}} cannot be determined or would not (in the reasonable belief of the party making the determination) produce a commercially reasonable result. <br>
:(b) such party’s {{isda92prov|Loss}} (whether positive or negative and without reference to any {{isda92prov|Unpaid Amounts}}) for each {{isda92prov|Terminated Transaction}} or group of {{isda92prov|Terminated Transaction}}s for which a {{isda92prov|Market Quotation}} cannot be determined or would not (in the reasonable belief of the party making the determination) produce a commercially reasonable result. <br>