Template:Nutshell 2002 ISDA 6(e)(ii): Difference between revisions

Template:Nutshell 2002 ISDA 6(e)(ii) (view source)

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 :{{isdaprov|6(e)(ii)}} '''{{isdaprov|Termination Events}}'''. If the {{isdaprov|Early Termination Date}} results from a {{isdaprov|Termination Event}}:―
 ::(1) '''One {{isdaprov|Affected Party}}'''. If there is '''one''' {{isdaprov|Affected Party}}, the {{isdaprov|Early Termination Amount}} will be determined as for {{isdaprov|Events of Default}} under Section {{isdaprov|6(e)(i)}} [[mutatis mutandis]].
-::(2) '''Two {{isdaprov|Affected Parties}}'''. If there are '''two''' {{isdaprov|Affected Parties}}, each party will determine the {{isdaprov|Termination Currency Equivalent}} of the total the {{isdaprov|Close-out Amounts}} for each {{isdaprov|Terminated Transaction}} and the {{isdaprov|Early Termination Amount}} will be: <br>
+::(2) '''Two {{isdaprov|Affected Parties}}'''. If there are '''two''' {{isdaprov|Affected Parties}}, each party will determine the {{isdaprov|Termination Currency Equivalent}} of the {{isdaprov|Close-out Amounts}} for all {{isdaprov|Terminated Transaction}} and the {{isdaprov|Early Termination Amount}} will be: <br>
 :::(A) the sum of <br>
 ::::(I) half of the difference between the higher amount (determined by party “'''X'''”) and the lower amount (determined by party “'''Y'''”) and <br>