Template:Nutshell 1992 ISDA 5(a)(vi): Difference between revisions

Revision as of 11:36, 28 February 2020

(1) a party commits an event of default in a total amount greater than the Threshold Amount under any Specified Indebtedness; or

(2) it defaults (and any grace period expires) on any payment of Specified Indebtedness in a total amount greater than the Threshold Amount;

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-{{92isdaprov|5(a)(vi)}} '''{{92isdaprov|Cross Default}}'''.  If "{{92isdaprov|Cross-Default}}" applies it will be an {{92isdaprov|Event of Default}} if:
+{{isda92prov|5(a)(vi)}} '''{{isda92prov|Cross Default}}'''.  If “{{isda92prov|Cross-Default}}” applies it will be an {{isda92prov|Event of Default}} if:
-:(1) a party commits an [[event of default]] in a total amount greater than the {{92isdaprov|Threshold Amount}} under any {{92isdaprov|Specified Indebtedness}}; or
+:(1) a party commits an [[event of default]] in a total amount greater than the {{isda92prov|Threshold Amount}} under any {{isda92prov|Specified Indebtedness}}; or
-:(2) it defaults (and any [[grace period]] expires) on any payment of {{92isdaprov|Specified Indebtedness}} in a total amount greater than the {{92isdaprov|Threshold Amount}};
+:(2) it defaults (and any [[grace period]] expires) on any payment of {{isda92prov|Specified Indebtedness}} in a total amount greater than the {{isda92prov|Threshold Amount}};