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Template:Nutshell 2002 ISDA 6(c): Difference between revisions
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{{isdaprov|6(c)}} If an {{isdaprov|Early Termination Date}} is designated: <br> | {{isdaprov|6(c)}} '''{{isdaprov|Effect of Designation}}''': If an {{isdaprov|Early Termination Date}} is designated: <br> | ||
:(i) it will take place when designated, even if the event which triggered no longer exists. <br> | :(i) it will take place when designated, even if the event which triggered no longer exists. <br> | ||
:(ii) no more payments or deliveries will be required under any {{isdaprov|Terminated Transactions}}. <br> | :(ii) no more payments or deliveries will be required under any {{isdaprov|Terminated Transactions}}. <br> | ||
Any {{isdaprov|Close-out Amount}} will be determined under Section {{isdaprov|6(e)}}. <br> | Any {{isdaprov|Close-out Amount}} will be determined under Section {{isdaprov|6(e)}}. <br> | ||