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Default under specified transaction: Difference between revisions
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Compare and contrast with [[cross default]], which allows you to terminate your master agreement when the counterparty defaults under indebtedness ''to a third party'' (not you). | Compare and contrast with [[cross default]], which allows you to terminate your master agreement when the counterparty defaults under indebtedness ''to a third party'' (not you). | ||
{{sa}} | {{sa}} | ||
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*{{isdaprov|Default Under Specified Transaction}} (ISDA) | *{{isdaprov|Default Under Specified Transaction}} (ISDA) | ||
*[[Event of default]] | *[[Event of default]] | ||
{{ref}} | {{ref}} | ||