Template:ISDA English Law Credit Support Deed 2018 Access Condition
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- 13(e)(ii) Specified Condition and Access Condition. For purposes of the provisions of Paragraph 4(a), a Chargor Rights Event or Secured Party Rights Event with respect to the other party shall constitute a “Specified Condition”. For purposes of the definitions of the NEC Event, Secured Party Rights Event or Chargor Rights Event (in each case, if applicable), the following Termination Event(s) (to the extent that such Termination Events are applicable in respect of the relevant party under this Deed) specified below will be an “Access Condition” with respect to the party so specified if: (a) that party is an Affected Party with respect to such Termination Event; and (b) all Transactions are Affected Transactions:
Termination Event |
Party A |
Party B
|
Illegality |
[•] |
[•]
|
Force Majeure Event |
[•] |
[•]
|
Tax Event |
[•] |
[•]
|
Tax Event Upon Merger |
[•] |
[•]
|
Credit Event Upon Merger |
[•] |
[•]
|
Additional Termination Event(s): |
[•] |
[•]
|
|
[•] |
[•]
|