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Unpaid Amounts - ISDA Provision: Difference between revisions
Unpaid Amounts - ISDA Provision (view source)
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, 19 September 2014→Commentary
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{{isdasnap|Unpaid Amounts}} | {{isdasnap|Unpaid Amounts}} | ||
====Commentary==== | ====Commentary==== | ||
Pitched summary: | |||
{{box|“{{isdaprov|Unpaid Amounts}}” owing to any party means, with respect to a Early Termination Date, the aggregate, in each case as at such Early Termination Date, and together with any the non-Defaulting party's Expenses, of: | |||
(a) in respect of all Terminated Transactions, all amounts that had become payable but which remain unpaid; | |||
(b) in respect of each Terminated Transaction, the fair market value of each obligation which had become due for delivery but has not been delivered; and | |||
(c) any Termination Amount that had already become due but which remains unpaid. | |||
}} | |||
====See Also==== | ====See Also==== | ||
{{isdaanatomy}} | {{isdaanatomy}} | ||