Template:M summ GMSLA 11.8: Difference between revisions

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	The {{isdama}} famously got its [[Set-off - ISDA Provision\|set-off]] clause wrong, forgetting that the {{isdaprov\|Early Termination Amount}} might not be the only amount owing the same way, to be set off against amounts owed elsewhere in the transacting universe the other way.		The {{isdama}} famously got its [[Set-off - ISDA Provision\|set-off]] clause wrong, forgetting that the {{isdaprov\|Early Termination Amount}} might not be the only amount owing the same way, to be set off against amounts owed elsewhere in the transacting universe the other way. since {{islacds}} was cribbing from its homework, we see a similar problem here, although the [[stock loan]] market is a bit more blasé about it, in that is seems not to bother with the fix most people apply to the ISDA.