ISDA Anatomy: Difference between revisions

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''Note that the numbering of Section 5b and beyond differs between the {{1992ma}} and the {{2002ma}}.''
''Note that the numbering of Section 5b and beyond differs between the {{1992ma}} and the {{2002ma}}.''
====={{isdaprov|5(a)}} {{isdaprov|Events of Default}}=====
====={{isdaprov|5(a)}} {{isdaprov|Events of Default}}=====
:{{isdaprov|5(a)(i)}} {{isdaprov|Failure to Pay or Deliver}}
{{isdaprov|5(a)(i)}} {{isdaprov|Failure to Pay or Deliver}}<br>
:{{isdaprov|5(a)(ii)}} {{isdaprov|Breach of Agreement}}
{{isdaprov|5(a)(ii)}} {{isdaprov|Breach of Agreement}}<br>
:{{isdaprov|5(a)(iii)}} {{isdaprov|Credit Support Default}}
{{isdaprov|5(a)(iii)}} {{isdaprov|Credit Support Default}}<br>
:{{isdaprov|5(a)(iv)}} {{isdaprov|Misrepresentation}}
{{isdaprov|5(a)(iv)}} {{isdaprov|Misrepresentation}}<br>
:{{isdaprov|5(a)(v)}} {{isdaprov|Default under Specified Transaction}}
{{isdaprov|5(a)(v)}} {{isdaprov|Default under Specified Transaction}}<br>
:{{isdaprov|5(a)(vi)}} {{isdaprov|Cross Default}}
{{isdaprov|5(a)(vi)}} {{isdaprov|Cross Default}}<br>
:{{isdaprov|5(a)(vii)}} {{isdaprov|Bankruptcy}}
{{isdaprov|5(a)(vii)}} {{isdaprov|Bankruptcy}}<br>
:{{isdaprov|5(a)(viii)}} {{isdaprov|Merger without Assumption}}
{{isdaprov|5(a)(viii)}} {{isdaprov|Merger without Assumption}}<br>
----
----
''{{1992ma}}''
''{{1992ma}}''
====={{isdaprov|5(b)}} {{isdaprov|Termination Events}}=====
====={{isdaprov|5(b)}} {{isdaprov|Termination Events}}=====
:{{isdaprov|5(b)(i)}} {{isdaprov|Illegality}}
{{isdaprov|5(b)(i)}} {{isdaprov|Illegality}}<br>
:{{isdaprov|5(b)(ii)}} {{isdaprov|Tax Event}}  
{{isdaprov|5(b)(ii)}} {{isdaprov|Tax Event}}<br>
:{{isdaprov|5(b)(iii)}} {{isdaprov|Tax Event Upon Merger}}  
{{isdaprov|5(b)(iii)}} {{isdaprov|Tax Event Upon Merger}}<br>
:{{isdaprov|5(b)(iv)}} {{isdaprov|Credit Event Upon Merger}}  
{{isdaprov|5(b)(iv)}} {{isdaprov|Credit Event Upon Merger}}<br>
:{{isdaprov|5(b)(v)}} {{isdaprov|Additional Termination Event}}
{{isdaprov|5(b)(v)}} {{isdaprov|Additional Termination Event}}<br>
::{{isdaprov|PPF Additional Termination Event}}


====={{isdaprov|5(c)}} {{isdaprov|Event of Default and Illegality}}=====
====={{isdaprov|5(c)}} {{isdaprov|Event of Default and Illegality}}=====
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''{{2002ma}}''
''{{2002ma}}''
====={{isdaprov|5(b)}} {{isdaprov|Termination Events}}=====
====={{isdaprov|5(b)}} {{isdaprov|Termination Events}}=====
:{{isdaprov|5(b)(i)}} {{isdaprov|Illegality}}
{{isdaprov|5(b)(i)}} {{isdaprov|Illegality}}<br>
:{{isdaprov|5(b)(ii)}} {{isdaprov|Force Majeure Event}}  
{{isdaprov|5(b)(ii)}} {{isdaprov|Force Majeure Event}}<br>
:{{isdaprov|5(b)(iii)}} {{isdaprov|Tax Event}}  
{{isdaprov|5(b)(iii)}} {{isdaprov|Tax Event}}<br>
:{{isdaprov|5(b)(iv)}} {{isdaprov|Tax Event Upon Merger}}  
{{isdaprov|5(b)(iv)}} {{isdaprov|Tax Event Upon Merger}}<br>
:{{isdaprov|5(b)(v)}} {{isdaprov|Credit Event Upon Merger}}  
{{isdaprov|5(b)(v)}} {{isdaprov|Credit Event Upon Merger}}<br>
:{{isdaprov|5(b)(vi)}} {{isdaprov|Additional Termination Event}}
{{isdaprov|5(b)(vi)}} {{isdaprov|Additional Termination Event}}<br>
::{{isdaprov|PPF Additional Termination Event}}


====={{isdaprov|5(c)}} {{isdaprov|Hierarchy of Events}}=====
====={{isdaprov|5(c)}} {{isdaprov|Hierarchy of Events}}=====
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=={{isdaprov|6}}. {{isdaprov|Early Termination}}==
=={{isdaprov|6}}. {{isdaprov|Early Termination}}==
:{{isdaprov|6(a)}} {{isdaprov|Right to Terminate following Event of Default}}
:{{isdaprov|6(a)}} {{isdaprov|Right to Terminate following Event of Default}}