Template:Nutshell 2002 ISDA Affected Transactions: Difference between revisions
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Amwelladmin (talk | contribs) Created page with "“'''{{isdaprov|Affected Transactions}}'''” means: :(a) for an {{isdaprov|Illegality}}, {{isdaprov|Force Majeure Event}}, {{isdaprov|Tax Event}} or {{isdaprov|TEUM}}, all {..." |
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“'''{{isdaprov|Affected Transactions}}'''” means: | “'''{{isdaprov|Affected Transactions}}'''” means: | ||
:(a) for an {{isdaprov|Illegality}}, {{isdaprov|Force Majeure Event}}, {{isdaprov|Tax Event}} or {{isdaprov|TEUM}}, all {{isdaprov|Transaction}}s affected by the {{isdaprov|Termination Event}} (and if it is an {{isdaprov|Illegality}} or {{isdaprov|Force Majeure Event}} | :(a) for an {{isdaprov|Illegality}}, {{isdaprov|Force Majeure Event}}, {{isdaprov|Tax Event}} or {{isdaprov|TEUM}}, all {{isdaprov|Transaction}}s affected by the {{isdaprov|Termination Event}} (and if it is an {{isdaprov|Illegality}} or {{isdaprov|Force Majeure Event}} that affects {{isdaprov|Credit Support Document}} covering only some {{isdaprov|Transactions}}, those {{isdaprov|Transactions}}) and | ||
:(b) for any other {{isdaprov|Termination Event}}, all {{isdaprov|Transactions}}. <br> | :(b) for any other {{isdaprov|Termination Event}}, ''all'' {{isdaprov|Transactions}}. <br> | ||
Latest revision as of 16:08, 6 August 2018
“Affected Transactions” means:
- (a) for an Illegality, Force Majeure Event, Tax Event or TEUM, all Transactions affected by the Termination Event (and if it is an Illegality or Force Majeure Event that affects Credit Support Document covering only some Transactions, those Transactions) and
- (b) for any other Termination Event, all Transactions.