Template:Isda Termination Event comp

A {{{{{1}}}|Termination Event}} is an event justifying one party unilaterally terminating a {{{{{1}}}|Transaction}} — or sometimes all {{{{{1}}}|Transactions}} — but that is generally of a nature that does not cast aspersions of impropriety on the other, or “Affected”, party. This makes a difference when it comes to how one calculates the {{{{{1}}}|Close-out Amount}} for the Transaction in question.