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

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{{isdaprov|5(b)}} {{isdaprov|Termination Events}}. The occurrence at any time with respect to a party or, if applicable, any Credit <br>Support Provider of such party or any {{isdaprov|Specified Entity}} of such party of any event specified below constitutes <br>an {{isdaprov|Illegality}} if the event is specified in (i) below, a {{isdaprov|Tax Event}} if the event is specified in (ii) below or a Tax <br>Event Upon Merger if the event is specified in (iii) below, and, if specified to be applicable, a Credit Event <br>Upon Merger if the event is specified pursuant to (iv) below or an {{isdaprov|Additional Termination Event}} if the event <br>is specified pursuant to (v) below:—
{{isda92prov|5(b)}} {{isda92prov|Termination Events}}. The occurrence at any time with respect to a party or, if applicable, any Credit <br>Support Provider of such party or any {{isda92prov|Specified Entity}} of such party of any event specified below constitutes <br>an {{isda92prov|Illegality}} if the event is specified in (i) below, a {{isda92prov|Tax Event}} if the event is specified in (ii) below or a Tax <br>Event Upon Merger if the event is specified in (iii) below, and, if specified to be applicable, a Credit Event <br>Upon Merger if the event is specified pursuant to (iv) below or an {{isda92prov|Additional Termination Event}} if the event <br>is specified pursuant to (v) below:—

Revision as of 18:56, 2 February 2020

5(b) Termination Events. The occurrence at any time with respect to a party or, if applicable, any Credit
Support Provider of such party or any Specified Entity of such party of any event specified below constitutes
an Illegality if the event is specified in (i) below, a Tax Event if the event is specified in (ii) below or a Tax
Event Upon Merger if the event is specified in (iii) below, and, if specified to be applicable, a Credit Event
Upon Merger if the event is specified pursuant to (iv) below or an Additional Termination Event if the event
is specified pursuant to (v) below:—