Template:Isda Termination Event comp: Difference between revisions
From The Jolly Contrarian
Jump to navigation
Jump to search
|
|
| Line 1: |
Line 1: |
| A {{{{{1}}}|Termination Event}} is an event justifying one party unilaterally terminating a {{{{{1}}}|Transaction}} — or sometimes all {{{{{1}}}|Transactions}} — but that is generally of a nature that does not cast aspersions of impropriety on the other, or “[[Affected Party - ISDA Provision|Affected]]”, party. This makes a difference when it comes to how one calculates the {{{{{1}}}|Close-out Amount}} for the Transaction in question.
| | |
Latest revision as of 07:38, 23 August 2024