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Automatic Early Termination is a concept which exists in Section {{isdaprov|6(a)}} {{isdaprov|Right to Terminate Following Event of Default}} of the {{isdama}}. it is relevant to [[Netting]]. Click here for the [http://sharepoint/sites/legal/Shared%20Library/Netting.aspx Jurisdictional Netting Matrix], should that seem like a useful place to go. | Automatic Early Termination is a concept which exists in Section {{isdaprov|6(a)}} {{isdaprov|Right to Terminate Following Event of Default}} of the {{isdama}}. it is relevant to [[Netting]]. Click here for the [http://sharepoint/sites/legal/Shared%20Library/Netting.aspx Jurisdictional Netting Matrix], should that seem like a useful place to go. | ||
===AET under the {{1987ma}}=== | |||
Note the somewhat difficult position for AET under the {{1987ma}} - a fuller discussion at that article - which was part of the reason for the move to the {{1992ma}} uin the first place. | |||
{{isdasnap|6(a)}} | {{isdasnap|6(a)}} | ||
==Analysis== | ==Analysis== | ||
Note that AET is only triggered by | Note that {{isdaprov|AET}} is only triggered by certain events under the {{isdaprov|Bankruptcy}} [[Events of Default - ISDA Provision|event of default]], and isn't triggered by {{isdaprov|Cross Default}} for example. | ||
==Discussion== | ==Discussion== |