Should liquidation and close-out under paragraph 2 of this Appendix occur , the ECB shall , as soon as is reasonably practicable , take an account of what is due from each Party to the other , including , as necessary , determining in respect of each transaction the ECB 's total gain or loss , as the case may be , resulting from the liquidation and close-out of such transaction as at the date of such liquidation and close-out , in every case in or converted into the base currency .
Should liquidation and close-out under paragraph 2 of this Appendix occur , the ECB shall , as soon as is reasonably practicable , take an account of what is due from each Party to the other , including , as necessary , determining in respect of each transaction the ECB 's total gain or loss , as the case may be , resulting from the liquidation and closeout of such transaction as at the date of such liquidation and close-out , in every case in or converted into the base currency .