Schedule Part 1 - ISDA Provision

2002 ISDA Master Agreement A Jolly Contrarian owner’s manual™ Schedule Part 1 in a Nutshell™ The JC’s Nutshell™ summary of this term has moved uptown to the subscription-only ninja tier. For the cost of ½ a weekly 🍺 you can get it here. Sign up at Substack. You can even ask questions! Ask about it here. Schedule Part 1 in all its glory Part 1. Termination Provisions. (a) “Specified Entity” means in relation to Party A for the purpose of:― Section 5(a)(v), [SPECIFY]. Section 5(a)(vi), [SPECIFY]. Section 5(a)(vii), [SPECIFY]. Section 5(b)(v), [SPECIFY]. and in relation to Party B for the purpose of:― Section 5(a)(v), [SPECIFY]. Section 5(a)(vi), [SPECIFY]. Section 5(a)(vii), [SPECIFY]. Section 5(b)(v), [SPECIFY]. (b) “Specified Transaction” [will have the meaning specified in Section 14 of this Agreement.][means [SPECIFY].] (c) The “Cross-Default” provisions of Section 5(a)(vi) [will][will not]* apply to Party A and [will][will not]* apply to Party B. [“Specified Indebtedness” [will have the meaning specified in Section 14 of this Agreement.][means [SPECIFY].] “Threshold Amount” means [SPECIFY].] (d) The “Credit Event Upon Merger” provisions of Section 5(a)(v) [will][will not]* apply to Party A and [will][will not]* apply to Party B. (e) The “Automatic Early Termination” provisions of Section 6(a) [will][will not]* apply to Party A and [will][will not]* apply to Party B. (f) “Termination Currency” [will have the meaning specified in Section 14 of this Agreement.][means [SPECIFY].] (g) Additional Termination Event [will][will not]* apply. [The following will constitute an Additional Termination Event:― [SPECIFY] For the purpose of the foregoing Termination Event, the Affected Party or Affected Parties will be:― [SPECIFY]. ] edit Related agreements and comparisons Click here for the text of Section Schedule Part 1 in the 1992 ISDA Template:Isdadiff Schedule Part 1 Resources and Navigation This provision in the 1992 Resources Wikitext | Nutshell wikitext | 1992 ISDA wikitext | 2002 vs 1992 Showdown | 2006 ISDA Definitions | 2008 ISDA | JC’s ISDA code project Navigation Preamble | 1 • (a) (b) (c) | 2 • (a) (b) (c) (d) | 3 • (a) (b) (c) (d) (e) (f) (g) | 4 • (a) (b) (c) (d) (e) | 5 • 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 (c) (d) (e) | 6 • (a) (b) (c) (d) (e) (f) | 7 | 8 • (a) (b) (c) (d) | 9 • (a) (b) (c) (d) (e) (f) (g) (h) | 10 | 11 | 12 • (a) (b) | 13 • (a) (b) (c) (d) | 14 | Index: Click ᐅ to expand: 2002 ISDA 1992 ISDA Premium version of this page

Overview

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The first part of the ISDA Schedule, with the gory bits in it.

Part 1 - Termination Provisions

(a) Specified Entity
(b) Specified Transaction
(c) Cross Default
(d) Credit Event Upon Merger
(e) Automatic Early Termination
(f) Termination Currency
(g) Additional Termination Event

Summary

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See also

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