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

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{{isdaprov|5(a)(viii)}} '''{{isdaprov|Merger Without Assumption}}'''. The party or any {{isdaprov|Credit Support Provider}} of such party <br>consolidates or amalgamates with, or merges with or into, or transfers all or substantially all its assets
{{isdaprov|5(a)(viii)}} '''{{isdaprov|Merger Without Assumption}}'''. The party or any {{isdaprov|Credit Support Provider}} of such party <br>consolidates or amalgamates with, or merges with or into, or transfers all or substantially all its assets
to, another entity and, at the time of such consolidation, amalgamation, merger or transfer: —<br>
to, another entity and, at the time of such consolidation, amalgamation, merger or transfer: —<br>
:{{isdaprov|5(a)(viii)(1)}} the resulting, surviving or transferee entity fails to assume all the obligations of such party <br>or such {{isdaprov|Credit Support Provider}} under this {{isdaprov|Agreement}} or any {{isdaprov|Credit Support Document}} to <br>which it or its predecessor was a party by operation of law or pursuant to an agreement
:{{isdaprov|5(a)(viii)(1)}} the resulting, surviving or transferee entity fails to assume all the obligations of such party <br>or such {{isdaprov|Credit Support Provider}} under this {{isdaprov|Agreement}} or any {{isdaprov|Credit Support Document}} to <br>which it or its predecessor was a party by operation of law or pursuant to an agreement <br>reasonably satisfactory to the other party to this {{isdaprov|Agreement}}; or<br>
reasonably satisfactory to the other party to this {{isdaprov|Agreement}}; or<br>
:{{isdaprov|5(a)(viii)(2)}} the benefits of any {{isdaprov|Credit Support Document}} fail to extend (without the consent of the <br>other party) to the performance by such resulting, surviving or transferee entity of its <br>
:{{isdaprov|5(a)(viii)(2)}} the benefits of any {{isdaprov|Credit Support Document}} fail to extend (without the consent of the <br>other party) to the performance by such resulting, surviving or transferee entity of its <br>
obligations under this {{isdaprov|Agreement}}.
obligations under this {{isdaprov|Agreement}}.