Template:Nutshell 2002 ISDA 5(a)(viii)
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- 5(a)(viii) Merger Without Assumption. The party (or a Credit Support Provider) merges with or transfers or all or substantially all its 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.