Template:Nutshell 2002 ISDA 5(a)(viii)
- 5(a)(viii) Merger Without Assumption. The party (or a Credit Support Provider) merges with or transfers or all or substantially allits assets to another entity and:―
- (1) the resulting entity does not assume all the original party’s obligations under this Agreement (or Credit Support Document); or
- (2) the Credit Support Document does cover the resulting party’s obligations under this Agreement.