Template:M premium 2002 ISDA 2(a)(iii)
- The mechanics of how and when 2(a)(iii) is triggered and the conceptual confusion arising from that
- How this all relates to non-payment-or-delivery defaults
- How corporate buyers of fully paid options tend to feel about 2(a)(iii), and the sorts of amendments they tend to make
- Why regulators don’t like 2(a)(iii)
- What the courts think of 2(a)(iii)