Cross acceleration - ISDA Provision: Difference between revisions

Cross acceleration - ISDA Provision (view source)

626 bytes removed , 4 February

Replaced content with "{{nman|isda|2002|Cross acceleration}}"

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-{{isdaanat|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.''
+{{nman|isda|2002|Cross acceleration}}
-===Cross acceleration - what is it?===
-{{cross acceleration capsule}}
-===Amending to {{isdaprov|Cross Default}} to {{isdaprov|cross acceleration}} ===
-You can amend {{isdaprov|Cross Default}} to {{isdaprov|Cross Acceleration}} as follows:
-:Section {{isdaprov|5(a)(vi)}} is amended by deleting “, or becoming capable at such time of being declared,” from subsection (1). <br>
-{{seealso}}
-*[[Cross default]] generally