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- Derivatives
- Termination of financial derivatives
Scope of the ISDA Master Agreement — section 6 (Early Termination)
Section 6 of the ISDA Master Agreement sets out the consequences of an occurrence of an Event of Default or Termination Event.
Importantly, it sets out how the close out netting mechanism operates following an Event of Default or Termination Event.
See Scope of the ISDA Master Agreement — section 6 (Early Termination).
