Template:Nutshell 2002 ISDA 5(a)(v)

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5(a)(v) Default Under Specified Transaction. The party or one of its Credit Support Providers or Specified Entities:―
(1) defaults on any payment due under a Specified Transaction (or any related credit support arrangement) and as a result that Specified Transaction is validly accelerated;
(2) defaults on any final payment due under a Specified Transaction after one Local Business Day;
(3) defaults on any delivery due under a Specified Transaction (or any related credit support arrangement) and, all Transactions under the relevant Master Agreement are validly accelerated; or
(4) repudiates any Specified Transaction (or any related credit support arrangement);
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