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| From the [[you’ll be sorry you asked]] file. Have a butcher’s at the nutshell version on the right. If, having read that, you’re still not really feeling sorry or resentful, the full text (below) right might get your remorse radar pinging.
| | {{isda Close-out Amount summ|isdaprov}} |
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| Note the prominent requirement to achieve a “''[[reasonable]]''” ({{1992ma}}) or “[[commercially reasonable|''commercially'' reasonable]]” ({{2002ma}}) result. On what that latter lovely expression means see {{casenote|Barclays|Unicredit}}. Spoiler: it’s basically good for [[broker|brokers]] as long as they aren’t [[Non mentula esse|being total dicks]].
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| There are some local variations which are worth bearing in mind:
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| ==={{isdaprov|Close-out Amount}} and Italian counterparties===
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| See for more detail, here: [[Close-out Amount - ISDA Provision/Italian counterparties|Italian counterparties]]
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| ===Releationship with Early Termination Amount===
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| For those curious about {{isdaprov|the difference between the Early Termination Amount and the Close-out Amount}} in the {{2002ma}}, look no further than back there, along the sentence you've just read. Go on.
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