Template:M comp disc Credit Derivatives 2.2(n): Difference between revisions
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Amwelladmin (talk | contribs) Created page with "what happens when Relevant Obligations of your expiring, de-merging or transmogrifying Reference Entity are succeeded by more than one entity in a way that the {{icds}} could not find in its heart to assign to a single Successor. You split the transaction between the Successors. The process for determining a {{cddprov|Successor}}, by the way, is a ''doozy''." |
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[[New Credit Derivative Transactions - Credit Derivatives Provision|What]] happens when Relevant Obligations of your expiring, de-merging or transmogrifying Reference Entity are succeeded by more than one entity in a way that the {{icds}} could not find in its heart to assign to a single Successor. You split the transaction between the Successors. | |||
The process for determining a {{cddprov|Successor}}, by the way, is a ''doozy''. | The process for determining a {{cddprov|Successor}}, by the way, is a ''doozy''. | ||
Latest revision as of 22:09, 22 July 2023
What happens when Relevant Obligations of your expiring, de-merging or transmogrifying Reference Entity are succeeded by more than one entity in a way that the ISDA’s crack drafting squad™ could not find in its heart to assign to a single Successor. You split the transaction between the Successors.
The process for determining a Successor, by the way, is a doozy.