Template:AI 2002 ISDA 2(a)(iii): Difference between revisions

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:{{isdaprov|2(a)(iii)}}: Before either party has to do what is stated in Section {{isdaprov|2(a)(i)}}, there must be no {{isdaprov|Event of Default}} or {{isdaprov|Potential Event of Default}} with the other party, no {{isdaprov|Early Termination Date}} in respect of the {{isdaprov|Transaction}}, and any other conditions specified in this agreement must be met. <br>
:{{isdaprov|2(a)(iii)}}: If a party is obliged anything to do under Section {{isdaprov|2(a)(i)}} (that is, like, bascially ''anything''), the other dude must be free of {{isdaprov|Event of Default}}s or {{isdaprov|Potential Event of Default}}s, and there should be no pending {{isdaprov|Early Termination Date}} in respect of the {{isdaprov|Transaction}}, and any other conditions specified in this agreement must be met. <br>

Revision as of 16:10, 13 April 2023

2(a)(iii): If a party is obliged anything to do under Section 2(a)(i) (that is, like, bascially anything), the other dude must be free of Event of Defaults or Potential Event of Defaults, and there should be no pending Early Termination Date in respect of the Transaction, and any other conditions specified in this agreement must be met.
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