Template:Nutshell 2002 ISDA Terminated Transactions
“Terminated Transactions” means, for a Early Termination Date resulting from:
- (a) an Illegality or a Force Majeure Event, all Affected Transactions specified in the Section 6(b)(iv) notice;
- (b) any other Termination Event, all Affected Transactions; and
- (c) an Event of Default, all Transactions :
that were in effect immediately before the the Section 6(a) notice designating that Early Termination Date took effect or, if Automatic Early Termination applies, immediately before the Early Termination Date.