Template:ISDA Master Agreement 2002 2(a)(iii): Difference between revisions

no edit summary
No edit summary
No edit summary
Line 1: Line 1:
{{isdaprov|2(a)(iii)}} Each obligation of each party under Section {{isdaprov|2(a)(i)}} is subject to (1) the [[condition precedent]]  that no {{isdaprov|Event of Default}} or {{isdaprov|Potential Event of Default}} with respect to the other party has occurred  and is continuing, (2) the [[condition precedent]] that no {{isdaprov|Early Termination Date}} in respect of the relevant {{isdaprov|Transaction}} has occurred or been effectively designated and (3) each other applicable condition precedent specified in this {{isdaprov|Agreement}}.
:{{isdaprov|2(a)(iii)}} Each obligation of each party under Section {{isdaprov|2(a)(i)}} is subject to (1) the [[condition precedent]]  that no {{isdaprov|Event of Default}} or {{isdaprov|Potential Event of Default}} with respect to the other party has occurred  and is continuing, (2) the [[condition precedent]] that no {{isdaprov|Early Termination Date}} in respect of the relevant {{isdaprov|Transaction}} has occurred or been effectively designated and (3) each other applicable condition precedent specified in this {{isdaprov|Agreement}}.<br>