The document outlines the procedures for determining a Close-out Amount for Terminated Transactions. The Determining Party is responsible for calculating this amount using commercially reasonable procedures and relevant information, including market data and quotations from third parties. The document specifies that costs of funding and any losses or gains from terminating or re-establishing hedges may be considered. It emphasizes the use of commercially reasonable procedures and valuation models.
doj/DataSet10/EFTA01383533.pdf
{"document_type":"legal","document_subtype":"contract","reference_numbers":["DB-SDNY-0083253","SDNY GM_00229437","EFTA01383533"]}