Template:Isda Potential Event of Default summ

A {{{{{1}}}|Potential Event of Default}} is a {{{{{1}}}|Failure to Pay or Deliver}}, {{{{{1}}}|Breach of Agreement}} (or other {{{{{1}}}|Event of Default}}) with an unexpired grace period, or where the grace period has expired but the {{{{{1}}}|Non-defaulting Party}} hasn’t (yet) given a notice of default actually accelerating the default into an actual {{{{{1}}}|Event of Default}}.