Template:ISDA Master Agreement 1992 5(a)(vi): Difference between revisions

'''{{isdaprov|Cross Default}}'''.  If "{{isdaprov|Cross Default}}” is specified in the Schedule as applying to the party, the occurrence or <br>existence of (1) a default, [[event of default]] or other similar condition or event (however described) in respect <br>of such party, any {{isdaprov|Credit Support Provider}} of such party or any applicable {{isdaprov|Specified Entity}} of such party under <br>one or more agreements or instruments relating to {{isdaprov|Specified Indebtedness}} of any of them (individually or <br>collectively) in an aggregate amount of not less than the applicable {{isdaprov|Threshold Amount}} (as specified in the <br>Schedule) which has resulted in such {{isdaprov|Specified Indebtedness}} becoming, or becoming capable at such time of being <br>declared, due and payable under such agreements or instruments, before it would otherwise have been due and payable <br>or (2) a default by such party, such {{isdaprov|Credit Support Provider}} or such {{isdaprov|Specified Entity}} (individually or collectively) <br>in making one or more payments on the due date thereof in an aggregate amount of not less than the applicable <br>{{isdaprov|Threshold Amount}} under such agreements or instruments (after giving effect to any applicable notice requirement or <br>[[grace period]]);