Closing out an ISDA: Difference between revisions
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''See: Section {{isdaprov|6}} of the {{isdama}}.'' | ''See: Section {{isdaprov|6}} of the {{isdama}}.'' | ||
#On what {{isdaprov|Event of Default}} or {{isdaprov|Termination Event}} are you relying? With a fair wind it will be {{isdaprov|Failure to pay | #On what {{isdaprov|Event of Default}} or {{isdaprov|Termination Event}} are you relying? With a fair wind it will be {{isdaprov|Failure to Pay or Deliver}}. Assuming so: <br> | ||
{{failure to pay procedure}} | |||
Revision as of 10:10, 12 July 2017
See: Section 6 of the ISDA Master Agreement.
- On what Event of Default or Termination Event are you relying? With a fair wind it will be Failure to Pay or Deliver. Assuming so:
JC’s has updated the step-by-step guide to closing out an ISDA and it is now premium content. You can access it here.