82,903
edits
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
Line 7: | Line 7: | ||
:::(B) the {{isdaprov|Termination Currency Equivalent}} of the {{isdaprov|Unpaid Amounts}} owing to Y. | :::(B) the {{isdaprov|Termination Currency Equivalent}} of the {{isdaprov|Unpaid Amounts}} owing to Y. | ||
::If the {{isdaprov|Early Termination Amount}} is a positive number, Y will pay it to X; if negative , X will pay its absolute value to Y. | ::If the {{isdaprov|Early Termination Amount}} is a positive number, Y will pay it to X; if negative , X will pay its absolute value to Y. | ||
::(3) '''{{isdaprov|Mid-Market Events}}'''. In either case where the Termination Event is an {{isdaprov|Illegality}} or a {{isdaprov|Force Majeure Event}}, when determining a {{isdaprov|Close-out Amount}} the {{isdaprov|Determining Party}} will use [[mid-market quotation|mid-market | ::(3) '''{{isdaprov|Mid-Market Events}}'''. In either case where the Termination Event is an {{isdaprov|Illegality}} or a {{isdaprov|Force Majeure Event}}, when determining a {{isdaprov|Close-out Amount}} the {{isdaprov|Determining Party}} will use [[mid-market quotation|mid-market valuations]] that do not take the {{isdaprov|Determining Party}}’s own creditworthiness into account. <br> |