Termination Currency - ISDA Provision: Difference between revisions

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“'''Termination Currency'''” has the meaning specified in the Schedule.
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Revision as of 11:30, 15 November 2012

In gory detail

1992 ISDA
Termination Currency” has the meaning specified in the Schedule.

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2002 ISDA
Termination Currency” means (a) if a Termination Currency is specified in the Schedule and that currency is freely available, that currency, and (b) otherwise, euro if this Agreement is expressed to be governed by English law or United States Dollars if this Agreement is expressed to be governed by the laws of the State of New York.

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