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Automatic Early Termination - ISDA Provision: Difference between revisions
Automatic Early Termination - ISDA Provision (view source)
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{{isdaprov|AET}} is thus only triggered by ''certain'' events under the {{isdaprov|Bankruptcy}} [[Events of Default - ISDA Provision|event of default]] — formal bankruptcy procedures — and not by economic events that tend to indicate insolvency (such as an inability to pay debts as they fall due, [[technical insolvency]] or the exercise of security. Nor does it apply to other Events of Default. | {{isdaprov|AET}} is thus only triggered by ''certain'' events under the {{isdaprov|Bankruptcy}} [[Events of Default - ISDA Provision|event of default]] — formal bankruptcy procedures — and not by economic events that tend to indicate insolvency (such as an inability to pay debts as they fall due, [[technical insolvency]] or the exercise of security. Nor does it apply to other Events of Default. | ||
=== | ==={{t|Switzerland}}=== | ||
Switzerland is — isn’t it always? — different, and a good place to go right now would be the [[Swiss bankruptcy language]] page. Switzerland itself is also a good place to go, especially in the skiing season. The [[JC]] loves Wengen. | {{t|Switzerland}} is — isn’t it always? — different, and a good place to go right now would be the [[Swiss bankruptcy language]] page. Switzerland itself is also a good place to go, especially in the skiing season. The [[JC]] loves Wengen. | ||
{{automaticearlytermination}} | {{automaticearlytermination}} | ||