Template:Nutshell 1992 ISDA 5(b): Difference between revisions
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{{isda92prov|5(b)}} '''{{isda92prov|Termination Events}}''': The events below occur to a party or its {{ | {{isda92prov|5(b)}} '''{{isda92prov|Termination Events}}''': The events below occur to a party or its {{isda92prov|Credit Support Provider}} or {{isda92prov|Specified Entity}} (subject to Section {{isda92prov|5(c)}}) it will be an {{isda92prov|Illegality}} ({{isda92prov|5(b)(i)}}); a {{isda92prov|Tax Event}} ({{isda92prov|5(b)(ii)}}), or a {{isda92prov|Tax Event Upon Merger}} ({{isda92prov|5(b)(iii)}}) and {{isda92prov|Credit Event Upon Merger}} ({{isda92prov|5(b)(iv)}}) or an {{isda92prov|Additional Termination Event}} ({{isda92prov|5(b)(v)}}): | ||
:{{Nutshell 1992 ISDA 5(b)(i)}} | :{{Nutshell 1992 ISDA 5(b)(i)}} | ||
:{{Nutshell 1992 ISDA 5(b)(ii)}} | :{{Nutshell 1992 ISDA 5(b)(ii)}} | ||
Latest revision as of 15:02, 26 September 2022
5(b) Termination Events: The events below occur to a party or its Credit Support Provider or Specified Entity (subject to Section 5(c)) it will be an Illegality (5(b)(i)); a Tax Event (5(b)(ii)), or a Tax Event Upon Merger (5(b)(iii)) and Credit Event Upon Merger (5(b)(iv)) or an Additional Termination Event (5(b)(v)):