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

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.

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 being total dicks.