This document outlines the procedures for determining a Close-out Amount for Terminated Transactions. The Determining Party is responsible for acting in good faith and using commercially reasonable procedures to produce a commercially reasonable result. The document specifies the types of information that can be considered in determining the Close-out Amount, including quotations for replacement transactions, relevant market data, and internal sources. It also discusses the inclusion of costs of funding and the consideration of losses or costs incurred in connection with terminating, liquidating, or re-establishing any hedge related to a Terminated Transaction.
doj/DataSet10/EFTA01450058.pdf
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