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2002 ISDA Master Agreement A Jolly Contrarian owner’s manual™ Resources and navigation [[{{{1}}} - 1992 ISDA Provision|This provision in the 1992]] Resources Wikitext | Nutshell wikitext | 1992 ISDA wikitext | 2002 vs 1992 Showdown | 2006 ISDA Definitions | 2008 ISDA | JC’s ISDA code project Navigation Preamble | 1 • (a) (b) (c) | 2 • (a) (b) (c) (d) | 3 • (a) (b) (c) (d) (e) (f) (g) | 4 • (a) (b) (c) (d) (e) | 5 • 5(a) Events of Default: 5(a)(i) Failure to Pay or Deliver 5(a)(ii) Breach of Agreement 5(a)(iii) Credit Support Default 5(a)(iv) Misrepresentation 5(a)(v) Default Under Specified Transaction 5(a)(vi) Cross Default 5(a)(vii) Bankruptcy 5(a)(viii) Merger Without Assumption 5(b) Termination Events: 5(b)(i) Illegality 5(b)(ii) Force Majeure Event 5(b)(iii) Tax Event 5(b)(iv) Tax Event Upon Merger 5(b)(v) Credit Event Upon Merger 5(b)(vi) Additional Termination Event (c) (d) (e) | 6 • (a) (b) (c) (d) (e) (f) | 7 | 8 • (a) (b) (c) (d) | 9 • (a) (b) (c) (d) (e) (f) (g) (h) | 10 | 11 | 12 • (a) (b) | 13 • (a) (b) (c) (d) | 14 | Index: Click ᐅ to expand: 2002 ISDA 1992 ISDA Section 5(a)(viii) in a Nutshell™ Use at your own risk, campers! 5(a)(viii) Merger Without Assumption. The party (or a Credit Support Provider) merges with or transfers or all or substantially all its assets to another entity and:― (1) the resulting entity does not assume all the original party’s obligations under this Agreement (or Credit Support Document); or (2) the Credit Support Document does cover the resulting party’s obligations under this Agreement. view template Full text of Section 5(a)(viii) 5(a)(viii) Merger Without Assumption. The party or any Credit Support Provider of such party consolidates or amalgamates with, or merges with or into, or transfers all or substantially all its assets to, or reorganises, reincorporates or reconstitutes into or as, another entity and, at the time of such consolidation, amalgamation, merger, transfer, reorganisation, reincorporation or reconstitution:― 5(a)(viii)(1) the resulting, surviving or transferee entity fails to assume all the obligations of such party or such Credit Support Provider under this Agreement or any Credit Support Document to which it or its predecessor was a party; or 5(a)(viii)(2) the benefits of any Credit Support Document fail to extend (without the consent of the other party) to the performance by such resulting, surviving or transferee entity of its obligations under this Agreement. view template Related agreements and comparisons Click here for the text of Section 5(a)(viii) in the 1992 ISDA Click to compare this section in the 1992 ISDA and 2002 ISDA. Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

{{m comm {{{6}}}|2002 ISDA 5(a)(viii)|Template:Prov MI2002 }}

See also

• Credit Event Upon Merger
• Bankruptcy
• “All or substantially all”
• Bankruptcy as a phase transition

Template

References

Sub Wikifier
   With Selection.Find
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       .Replacement.Text = "{{{{{template}}}|{{{article}}}}}"
       .Forward = True
       .Wrap = wdFindContinue
       .Format = False
       .MatchCase = True
       .MatchWholeWord = False
       .MatchWildcards = False
       .MatchSoundsLike = False
       .MatchAllWordForms = False
   End With
   Selection.Find.Execute Replace:=wdReplaceAll
End Sub
Sub Wikifier definition 
 Selection.Find.ClearFormatting
   Selection.Find.Replacement.ClearFormatting
   With Selection.Find
       .Text = ChrW(8220) & "([a-z,A-Z,0-9, ]{1,})" & ChrW(8221)
       .Replacement.Text = ChrW(8220) & "'''{{nycsaprov|\1}}'''" & ChrW(8221 _
           )
       .Forward = True
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       .Format = False
       .MatchCase = False
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       .MatchAllWordForms = False
       .MatchSoundsLike = False
       .MatchWildcards = True
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   Selection.Find.Execute Replace:=wdReplaceAll
End Sub
Sub Paragrapher()
   Selection.Find.ClearFormatting
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   With Selection.Find
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       .Replacement.Text = "Paragraph {{nycsaprov|\1}}"
       .Forward = True
       .Wrap = wdFindAsk
       .Format = False
       .MatchCase = False
       .MatchWholeWord = False
       .MatchAllWordForms = False
       .MatchSoundsLike = False
       .MatchWildcards = True
   End With
   Selection.Find.Execute Replace:=wdReplaceAll
End Sub