Cross acceleration - ISDA Provision: Difference between revisions

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Cross acceleration is not an actual ISDA term, but is what happens to an ISDA Section {{isdaprov|5(a)(vi)}} {{isdaprov|Cross Default}} if you can persuade your credit department to water it down to something sensible.''  
{{a|isda|{{subtable|'''In a {{nutshell}}'''<br>
===Cross acceleration - what is it?===
{{Nutshell 2002 ISDA 5(a)(vi)}}}}
{{subtable|'''In full'''<br>
{{ISDA Master Agreement 2002 5(a)(vi)}}
}}}}Cross acceleration is not an actual ISDA term, but is what happens to an ISDA Section {{isdaprov|5(a)(vi)}} {{isdaprov|Cross Default}} if you can persuade your credit department to water it down to something sensible.''  
===Cross acceleration: what ''is'' it?===
{{cross acceleration capsule}}
{{cross acceleration capsule}}
===Amending to {{isdaprov|Cross Default}} to {{isdaprov|cross acceleration}} ===
===Amending to {{isdaprov|Cross Default}} to {{isdaprov|cross acceleration}} ===