Template:AI 2002 ISDA 2(a)(iii): Difference between revisions

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:{{isdaprov|2(a)(iii)}}: Before either party has to do what is stated in Section {{isdaprov|2(a)(i)}}, there must be no {{isdaprov|Event of Default}} or {{isdaprov|Potential Event of Default}} with the other party, no {{isdaprov|Early Termination Date}} in respect of the {{isdaprov|Transaction}}, and any other conditions specified in this agreement must be met. <br>
:{{isdaprov|2(a)(iii)}}: If a party is obliged anything to do under Section {{isdaprov|2(a)(i)}} (that is, like, bascially ''anything''), the other dude must be free of {{isdaprov|Event of Default}}s or {{isdaprov|Potential Event of Default}}s, and there should be no pending {{isdaprov|Early Termination Date}} in respect of the {{isdaprov|Transaction}}, and any other conditions specified in this agreement must be met. <br>