5(b)(iii) - ISDA Provision: Difference between revisions
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{{isdadisambiguation|Tax Event Upon Merger|Tax Event}} | {{isdadisambiguation|Tax Event Upon Merger|Tax Event|5(b)(iii)}} |
Revision as of 19:40, 13 December 2020
Numbering Discrepancy: Note the numbering discrepancy in Section 5(b) between the 1992 ISDA and 2002 ISDA. This is caused by a new 5(b)(ii) (Force Majeure Event) in the 2002 ISDA before Tax Event, which is thus shunted from Section 5(b)(ii) (in the 1992 ISDA) to Section 5(b)(iii) (in the 2002 ISDA).
Depending on your edition of the ISDA Master Agreement, “5(b)(iii)” could be a reference to: