Template:M summ 2002 ISDA Close-out Amount: Difference between revisions

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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.
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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]].