Credit Derivatives Physical Settlement Matrix - Credit Derivatives Provision

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2014 ISDA Credit Derivatives Definitions
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Section 13 in a Nutshell

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Full text of Section 13

Article 13. Credit Derivatives Physical Settlement Matrix

Section 13.1 Application of Credit Derivatives Physical Settlement Matrix. In respect of a Credit Derivative Transaction whose Confirmation identifies a “Transaction Type” that is included in the Credit Derivatives Physical Settlement Matrix, the terms set out in the Credit Derivatives Physical Settlement Matrix with respect to such “Transaction Type” shall be deemed to apply to that Credit Derivative Transaction, provided that the relevant Confirmation does not specify any inconsistent terms, in which case the terms specified in such Confirmation shall prevail.

Section 13.2 Credit Derivatives Physical Settlement Matrix. “Credit Derivatives Physical Settlement Matrix” means the “Credit Derivatives Physical Settlement Matrix”, as most recently amended and supplemented as at the Trade Date (unless otherwise agreed by the parties) and as published by ISDA on its website at www.isda.org (or any successor website thereto).


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Summary

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General discussion

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See also

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References