82,891
edits
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
(One intermediate revision by the same user not shown) | |||
Line 1: | Line 1: | ||
: | :{{isdaprov|6(e)(i)}} '''{{isdaprov|Events of Default}}'''. On an {{isdaprov|Early Termination Date}} following an {{isdaprov|Event of Default}}, the {{isdaprov|Non-defaulting Party}} will determine {{isdaprov|Early Termination Amount}} in the {{isdaprov|Termination Currency}} as the sum of: <br> | ||
::(a) | ::(a) the {{isdaprov|Close-out Amount}}s for each Terminated Transaction '''plus''' <br> | ||
:: | ::(b) {{isdaprov|Unpaid Amounts}} due to the {{isdaprov|Non-defaulting Party}}; '''minus''' <br> | ||
:: | ::(c) {{isdaprov|Unpaid Amounts}} due to the Defaulting Party.<br> | ||
If the {{isdaprov|Early Termination Amount}} is positive, the {{isdaprov|Defaulting Party}} will pay it to the {{isdaprov|Non-defaulting Party}}. If negative the {{isdaprov|Non-defaulting Party}} will pay its absolute value to the {{isdaprov|Defaulting Party}}. <br> | :If the {{isdaprov|Early Termination Amount}} is positive, the {{isdaprov|Defaulting Party}} will pay it to the {{isdaprov|Non-defaulting Party}}. If negative, the {{isdaprov|Non-defaulting Party}} will pay its absolute value to the {{isdaprov|Defaulting Party}}. <br> |