Talk:Terminated Transactions - ISDA Provision: Difference between revisions
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“Terminated Transactions” means, with respect to any Early Termination Date, | “Terminated Transactions” means, with respect to any Early Termination Date, | ||
(a) if resulting from an Illegality or a Force Majeure Event, all Affected Transactions specified in the notice given pursuant to Section 6(b)(iv), | |||
(b) if resulting from any other Termination Event, all Affected Transactions and | |||
(c) if resulting from an Event of Default, all Transactions | |||
in effect either immediately before the effectiveness of the notice designating that Early Termination Date or, if Automatic Early Termination applies, immediately before that Early Termination Date. | in effect either immediately before the effectiveness of the notice designating that Early Termination Date or, if Automatic Early Termination applies, immediately before that Early Termination Date. |