No-fault termination: Difference between revisions
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Amwelladmin (talk | contribs) Created page with "Conclusion of one’s contractual arrangements without any hotheadness, jabbing fingers or hurt feelings. Terminating a contract by delivering notice, and announcing, apropos..." |
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Conclusion of one’s | Conclusion of one’s {{tag|contract}}ual arrangements without any hot-headedness, jabbing fingers or hurt feelings. Terminating a contract by delivering notice, and announcing, apropos nothing in particular, that it’s time to move on. | ||
To be contrasted with [[event of default|termination with extreme prejudice]]. | |||
Fun fact: There is ''no'' means to terminate an {{isdama}} on notice. Either you go [[Full Metal Jacket]], or [[Hotel California]]. | |||
{{seealso}} | {{seealso}} | ||
*[[Events of default]] | *[[Events of default]] | ||
*[[ | *[[Termination event]]s | ||
*[[Close out]] | |||
Revision as of 14:11, 13 November 2018
Conclusion of one’s contractual arrangements without any hot-headedness, jabbing fingers or hurt feelings. Terminating a contract by delivering notice, and announcing, apropos nothing in particular, that it’s time to move on.
To be contrasted with termination with extreme prejudice.
Fun fact: There is no means to terminate an ISDA Master Agreement on notice. Either you go Full Metal Jacket, or Hotel California.