Template:Nutshell 2002 ISDA 5(a)(viii): Difference between revisions
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Revision as of 17:04, 19 March 2018
5(a)(viii) Merger Without Assumption. The party (or a Credit Support Provider) merges with or transfers or substantially all its assets to another entity and:―
- (1) the resulting entity fails to assume all the original party’s obligations under this Agreement or the relevant Credit Support Document; or
- (2) the Credit Support Document does not extend to the resulting party’s performance under this Agreement.