Template:M comp disc 2002 ISDA 2(c): Difference between revisions

Template:M comp disc 2002 ISDA 2(c) (view source)

496 bytes removed , 24 December 2023

Replaced content with "{{isda 2(c) comp|isdaprov}}"

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-===[[Settlement netting]], not [[close-out netting]]===
+{{isda 2(c) comp|isdaprov}}
-Section 2(c) is about “settlement” or “payment” {{tag|netting}} — that is, the operational settlement of offsetting payments due on any day under the normal operation of the Agreement — and not the more drastic [[close-out netting]], which is the {{isdaprov|Early Termination}} of all {{isdaprov|Transactions}} under Section {{isdaprov|6}}.
-If you want  close-out netting, see here:
-* {{isdaprov|Single Agreement}}
-* {{isdaprov|Early Termination Amount}}