Template:ISDA Master Agreement 2002 6(e)(iii): Difference between revisions
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{{isdaprov|6(e)(iii)}} '''{{isdaprov|Adjustment for Bankruptcy}}'''. In circumstances where an {{isdaprov|Early Termination Date}} occurs because | {{isdaprov|6(e)(iii)}} '''{{isdaprov|Adjustment for Bankruptcy}}'''. In circumstances where an {{isdaprov|Early Termination Date}} occurs because {{isdaprov|Automatic Early Termination}} applies in respect of a party, the {{isdaprov|Early Termination Amount}} will be subject to such adjustments as are appropriate and permitted by applicable law to reflect any payments or deliveries made by one party to the other under this {{isdaprov|Agreement}} (and retained by such other party) during the period from the relevant {{isdaprov|Early Termination Date}} to the date for payment determined under Section {{isdaprov|6(d)(ii)}}. <br> | ||
Revision as of 11:23, 14 November 2017
6(e)(iii) Adjustment for Bankruptcy. In circumstances where an Early Termination Date occurs because Automatic Early Termination applies in respect of a party, the Early Termination Amount will be subject to such adjustments as are appropriate and permitted by applicable law to reflect any payments or deliveries made by one party to the other under this Agreement (and retained by such other party) during the period from the relevant Early Termination Date to the date for payment determined under Section 6(d)(ii).