Section 2(a)(iii) - ISDA Provision: Difference between revisions

Line 48: Line 48:
  '''which all applicable conditions precedent cease to apply under any other provision of this {{isdaprov|Agreement}}.'''|2(a)(iii)|2002}}
  '''which all applicable conditions precedent cease to apply under any other provision of this {{isdaprov|Agreement}}.'''|2(a)(iii)|2002}}


===Restatement of Section 9(c) {{isdaprov|Survival of Obligations}} in entirety:===
===Restatement of Section {{isdaprov|9(c)}} {{isdaprov|Survival of Obligations}} in entirety:===
  {{isdaquote|{{isdaprov|9(c)}}'''''{{isdaprov|Survival of Obligations}}''.  Without prejudice to Sections {{isdaprov|2(a)(iii)}} and {{isdaprov|6(c)(ii)}}, the obligations of the'''
  {{isdaquote|{{isdaprov|9(c)}} '''''{{isdaprov|Survival of Obligations}}''.  Without prejudice to Sections {{isdaprov|2(a)(iii)}} and {{isdaprov|6(c)(ii)}}, the obligations of the'''
  '''parties under this {{isdaprov|Agreement}} will survive the termination of any {{isdaprov|Transaction}}.  For the avoidance of doubt,'''
  '''parties under this {{isdaprov|Agreement}} will survive the termination of any {{isdaprov|Transaction}}.  For the avoidance of doubt,'''
  '''notwithstanding the occurrence of the last scheduled due date for performance by a party under a {{isdaprov|Transaction}},'''
  '''notwithstanding the occurrence of the last scheduled due date for performance by a party under a {{isdaprov|Transaction}},'''