Template:M comp disc 2002 ISDA 5(b)(i): Difference between revisions

Latest revision as of 16:19, 24 December 2023

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	~~As its clause numbering indicates,~~ {{~~isdaprov\|Illegality}} is a Section {{isdaprov\|~~5(b)~~}} {{isdaprov\|Termination Event}} — being one of those irritating vicissitudes of life that are no-one’s fault but which mean things cannot go on, and not a Section {{isdaprov\|5~~(a)~~}} {{~~isdaprov~~\|Event of Default~~}}~~, being those perfidious actions of one or other Party which bring matters to an end which, but for that behaviour, ought really to have been avoided.~~		{{isda 5(b)(i) comp\|isdaprov}}