Cross acceleration - ISDA Provision: Difference between revisions
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Amwelladmin (talk | contribs) m (Amwelladmin moved page Cross acceleration to Cross Acceleration - ISDA Provision) |
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Revision as of 16:14, 4 September 2017
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Cross acceleration is like cross default, but it only arises when the non-defaulting partyhas actually accelerated the contract. Therefore it is a higher threshold and a less sensitive trigger.
You can amend Cross Default under the ISDA Master Agreement to Cross Acceleration as follows: