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Template:Nutshell 2002 ISDA 6(d): Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{isdaprov|6(d)}} '''{{isdaprov|Calculations; Payment Date}}'''. :(i) '''Statement'''. As soon as practicable following an {{isdaprov|Early Termination Date}}, each party wil...") |
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::(2) specifying any {{isdaprov|Early Termination Amount}} payable; and | ::(2) specifying any {{isdaprov|Early Termination Amount}} payable; and | ||
::(3) giving its bank details for payment of the {{isdaprov|Early Termination Amount}}. | ::(3) giving its bank details for payment of the {{isdaprov|Early Termination Amount}}. | ||
:Its records of any quotation or market data it uses will be conclusive of their accuracy. | ::Its records of any quotation or market data it uses will be conclusive of their accuracy. | ||
:(ii) '''Payment Date'''. An {{isdaprov|Early Termination Amount}} due in respect of any {{isdaprov|Early Termination Date}} will, together with any amount of interest payable pursuant to Section {{isdaprov|9(h)(ii)(2)}}, be payable <br> | :(ii) '''Payment Date'''. An {{isdaprov|Early Termination Amount}} due in respect of any {{isdaprov|Early Termination Date}} will, together with any amount of interest payable pursuant to Section {{isdaprov|9(h)(ii)(2)}}, be payable <br> | ||
:(1) when its notice is effective for an {{isdaprov|Early Termination Date}} following an {{isdaprov|Event of Default}} and | ::(1) when its notice is effective for an {{isdaprov|Early Termination Date}} following an {{isdaprov|Event of Default}} and | ||
:(2) two {{isdaprov|Local Business Days}} after its notice was effective (or, | ::(2) two {{isdaprov|Local Business Days}} after its notice was effective (or, where two {{isdaprov|Affected Parties}}, after the second statement is effective) for an {{isdaprov|Early Termination Date}} following a {{isdaprov|Termination Event}}.<br> | ||