Examples of Payments on Early Termination in a sentence
The amount, if any, payable in respect of an Early Termination Date will be determined pursuant to Clause 10.2 (Payments on Early Termination).
The Parties agree that an amount recoverable under Clause 10.2 (Payments on Early Termination) above is a reasonable pre-estimate of loss and not a penalty.
The parties agree that the value of any Relevant Transaction with respect to a party on a day shall be calculated in accordance with the following: with respect to a party on a day, the amount, if any, that would be payable to that party by the other party (expressed as a positive number) or by that party to the other party (expressed as a negative number) pursuant to Clause 10.2(ii) (Payments on Early Termination) of this Agreement as if all Relevant Transactions were being terminated on such day.
Payments on Early Termination Date Notwithstanding anything to the contrary contained in Section 6 of the Agreement (and, for the avoidance of doubt, other than in the circumstances set out in the other paragraphs of this Confirmation), upon the occurrence of an Early Termination Date in respect of any of the Transactions under this Confirmation, Party A and Party B agree that such date shall be the Termination Date in respect of all Transactions under this Confirmation.
That brought into play the regime prescribed by Section 6(e) for Payments on Early Termination.
Part 1(f) - Payments on Early Termination [5.14] ** This item is extremely important ** The parties need to agree on and make two elections in this item.
Paragraph 6 (Determination of a Cash Settlement Amount and Removal of Reference Securities) and paragraph 7 (Payments on Early Termination Date) shall apply in relation to the Non-TRS Reference Securities.
The amount due with respect to any such termination shall be determined pursuant to Section 6 of the Agreement as if (a) the Optional Termination Date is the Early Termination Date, (b) Party B is the sole Affected Party (for all purposes other than the election to terminate), (c) this Transaction is the sole Affected Transaction, (d) Market Quotation and Second Method are selected for purposes of Payments on Early Termination.
Payments on Early Termination The amount payable on close-out of all outstanding transactions depends on which version of the ISDA master agreement is used.
Section 6(e) of the 1992 form reads as follows: Payments on Early Termination.