Template:Isda Automatic Early Termination summ: Revision history

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  • curprev 15:4815:48, 1 January 2024Amwelladmin talk contribs 2,627 bytes +2,627 Created page with "{{{{{1}}}|Automatic Early Termination}} is an odd and misunderstood concept which exists in Section {{{{{1}}}|6(a)}} {{{{{1}}}|Right to Terminate Following Event of Default}} of the {{isdama}}. As is so much in the {{isdama}}, it’s all about '''Netting'''. Where a jurisdiction suspends terms of contracts in a period of formal insolvency, the idea is to have the ISDA break before that suspension kicks in — so close-out netting works. {{{{{1}}}|AET}} is thus only..."
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