Template:M summ 1992 ISDA Force Majeure Event: Difference between revisions

Template:M summ 1992 ISDA Force Majeure Event (view source)

16 bytes added , 18 March 2020

no edit summary

82,891

edits

@@ Line 3: / Line 3: @@
 *Include a {{isda92prov|Hierachy of Events}};
 *Consider the impact re a deferral of {{isda92prov|Early Termination Amount}} etc.
-The concept also impacts the basis of [[Close Out]] because the {{2002ma}} requires true mids for valuation i.e, not the mean of each party's view of the [[Bid-offer spread|bid/offer]] where a {{isda92prov|Force Majeure Event}} (or {{isda92prov|Illegality}}) occurs, which is effectively what you get under the {{1992ma}} with a “Two {{isda92prov|Affected Parties}}” option.
+The concept also impacts the basis of [[close-out]] because the {{2002ma}} requires true [[mid]]s for valuation i.e, not simply the average of each party’s view of the [[Bid-offer spread|bid/offer]] where a {{isda92prov|Force Majeure Event}} (or {{isda92prov|Illegality}}) occurs, which is effectively what you get under the {{1992ma}} with a “Two {{isda92prov|Affected Parties}}” option.