Template:M comp disc 2002 ISDA 5: Difference between revisions
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These are the events which entitle you to close out some or all of your {{isdaprov|Transaction}}s; to find out what hideous rigmarole you must go through when you have decided to do that, proceed directly so Section {{isdaprov|6}}. | |||
{{ISDA 2002 Section 5 TOC}} | {{ISDA 2002 Section 5 TOC}} | ||
Revision as of 14:46, 9 January 2022
These are the events which entitle you to close out some or all of your Transactions; to find out what hideous rigmarole you must go through when you have decided to do that, proceed directly so Section 6.
5 Events of Default and Termination Events
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