Template:Nutshell 2002 ISDA 2(a)(iii)

2(a)(iii) Each party’s obligations under Section 2(a)(i) are subject to the following conditions precedent:

(1) there is no existing Event of Default or Potential Event of Default against the other party;

(2) no Early Termination Date has been designated for the Transaction in question

(3) each other condition precedent in this Agreement.