Template:2014 ISDA Credit Derivatives Definitions 1.15

Section 1.15 Termination Date. “Termination Date” means either:

(a) the date as determined in accordance with Section 2.12 ( Reference Obligation Only Trade), 5.1 (Settlement), 6.3 (Auction Settlement Date), 7.2 (Cash Settlement Date), 8.17 (Physical Settlement Date), 9.1 (Partial Cash Settlement Due to Impossibility or Illegality), 9.6(b) (Partial Cash Settlement Terms), 9.10 (Cap on Settlement), or 11.2(c)(ii) (Additional Representations and Agreements for Physical Settlement), as applicable; or

(b) if none of such Sections is applicable, the later of the final day of (i) the Notice Delivery Period and (ii) the Post Dismissal Additional Period, if any.

Upon the occurrence of a Termination Date, the parties will have no further obligations towards each other in respect of the Credit Derivative Transaction, other than in respect of obligations which have become due on or prior to the Termination Date but have yet to be performed.