Template:ISDA Master Agreement 1987 5(a)(vii): Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 1: | Line 1: | ||
5(a)(vii) '''{{isda87prov|Bankruptcy}}'''. The party or any applicable {{isda87prov|Specified Entity}}:– <br> | {{isda87prov|5(a)(vii)}} '''{{isda87prov|Bankruptcy}}'''. The party or any applicable {{isda87prov|Specified Entity}}:– <br> | ||
:(1) is dissolved; | :(1) is dissolved; | ||
:(2) becomes insolvent or fails or is unable or admits in writing its inability generally to pay its debts as they become due; | :(2) becomes insolvent or fails or is unable or admits in writing its inability generally to pay its debts as they become due; | ||