Template:Nutshell 2002 ISDA 5(a)(viii): Difference between revisions
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{{isdaprov|5(a)(viii)}} '''{{isdaprov|Merger Without Assumption}}'''. The party (or a {{isdaprov|Credit Support Provider}}) merges with or transfers or [[all or substantially all]]its assets to another entity and:― | :{{isdaprov|5(a)(viii)}} '''{{isdaprov|Merger Without Assumption}}'''. The party (or a {{isdaprov|Credit Support Provider}}) merges with or transfers or [[all or substantially all]]its assets to another entity and:― | ||
:(1) the resulting entity | ::(1) the resulting entity does not assume ''all'' the original party’s obligations under this {{isdaprov|Agreement}} (or {{isdaprov|Credit Support Document}}); or | ||
:(2) the {{isdaprov|Credit Support Document}} does | ::(2) the {{isdaprov|Credit Support Document}} does cover the resulting party’s obligations under this {{isdaprov|Agreement}}. |