Termination Currency - ISDA Provision: Difference between revisions

Termination Currency - ISDA Provision (view source)

546 bytes removed , 2 October 2023

Replaced content with "{{isdamanual|Termination Currency}}"

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-{{isdasnap|Termination Currency}}
+{{isdamanual|Termination Currency}}
-====Commentary====
-Note that the {{2002ma}} defaults to GBP or USD where not otherwise specified. This means a 2002 version {{tag|LFC}} does not need to specify a {{isdaprov|Termination Currency}}.
-The {{isdaprov|Termination Currency}} concept can be applied to the termination and closeout of single {{isdaprov|Transaction}}s or groups of {{isdaprov|Transaction}}s, so it does make sense for it to be "a currency in which payments are due to be made under the relevant {{isdaprov|Terminated Transaction}}" - or some such thing.
-{{isdaanatomy}}