Events of Default - ISDA Provision: Difference between revisions
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===={{isdaprov|Termination Events}} and {{isdaprov|Events of Default}}==== | ===={{isdaprov|Termination Events}} and {{isdaprov|Events of Default}}==== | ||
{{isdaprov|Termination Events}} and {{isdaprov|Events of Default}} under an {{isdama}} are similar in that when they occur to one party (the {{isdaprov|Affected Party}} or {{isdaprov|Defaulting Party}}) the other may terminate outstanding trades under the agreement. Differences: | {{isdaprov|Termination Events}} and {{isdaprov|Events of Default}} under an {{isdama}} are similar in that when they occur to one party (the {{isdaprov|Affected Party}} or {{isdaprov|Defaulting Party}}) the other may terminate outstanding trades under the agreement. Differences: |