Talk:Terminated Transactions - ISDA Provision: Difference between revisions
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“Terminated Transactions” means, with respect to any Early Termination Date, | “Terminated Transactions” means, with respect to any Early Termination Date, | ||
(a) if resulting from an Illegality or a Force Majeure Event, all Affected Transactions specified in the notice given pursuant to Section 6(b)(iv), | |||
(b) if resulting from any other Termination Event, all Affected Transactions and | |||
(c) if resulting from an Event of Default, all Transactions | |||
in effect either immediately before the effectiveness of the notice designating that Early Termination Date or, if Automatic Early Termination applies, immediately before that Early Termination Date. | in effect either immediately before the effectiveness of the notice designating that Early Termination Date or, if Automatic Early Termination applies, immediately before that Early Termination Date. | ||
Revision as of 10:52, 17 March 2020
2002
“Terminated Transactions” means, with respect to any Early Termination Date, (a) if resulting from an Illegality or a Force Majeure Event, all Affected Transactions specified in the notice given pursuant to Section 6(b)(iv), (b) if resulting from any other Termination Event, all Affected Transactions and (c) if resulting from an Event of Default, all Transactions in effect either immediately before the effectiveness of the notice designating that Early Termination Date or, if Automatic Early Termination applies, immediately before that Early Termination Date.