Template:Nutshell 2002 ISDA Designated Event

A “Designated Event” means that the relevant entity:―

(1) merges with, or transfers substantially all of its assets into, or reorganises itself into another entity;

(2) comes under the effective voting control of another entity; or

(3) makes a substantial change in its capital structure by issuing or guaranteeing debt, equities, or securities convertible into debt or equities (or analogous ownership interests); or