Events of Default and Termination Events - ISDA Provision: Difference between revisions

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===Subsections===
{{tocbuilder|ISDA|2002|5}}  
''Note that the numbering of Section {{isdaprov|5(b)}} and beyond differs between the {{1992ma}} and the {{2002ma}}.''
====={{isdaprov|5(a)}} {{isdaprov|Events of Default}}=====
{{isdaprov|5(a)(i)}} {{isdaprov|Failure to Pay or Deliver}}<br>
{{isdaprov|5(a)(ii)}} {{isdaprov|Breach of Agreement}}<br>
{{isdaprov|5(a)(iii)}} {{isdaprov|Credit Support Default}}<br>
{{isdaprov|5(a)(iv)}} {{isdaprov|Misrepresentation}}<br>
{{isdaprov|5(a)(v)}} {{isdaprov|Default under Specified Transaction}}<br>
{{isdaprov|5(a)(vi)}} {{isdaprov|Cross Default}}<br>
{{isdaprov|5(a)(vii)}} {{isdaprov|Bankruptcy}}<br>
{{isdaprov|5(a)(viii)}} {{isdaprov|Merger without Assumption}}<br>
----
''{{1992ma}}''
====={{isdaprov|5(b)}} {{isdaprov|Termination Events}}=====
{{isdaprov|5(b)(i)}} {{isdaprov|Illegality}}<br>
{{isdaprov|5(b)(ii)}} {{isdaprov|Tax Event}}<br>
{{isdaprov|5(b)(iii)}} {{isdaprov|Tax Event Upon Merger}}<br>
{{isdaprov|5(b)(iv)}} {{isdaprov|Credit Event Upon Merger}}<br>
{{isdaprov|5(b)(v)}} {{isdaprov|Additional Termination Event}}<br>


====={{isdaprov|5(c)}} {{isdaprov|Event of Default and Illegality}}=====
----
''{{2002ma}}''
====={{isdaprov|5(b)}} {{isdaprov|Termination Events}}=====
{{isdaprov|5(b)(i)}} {{isdaprov|Illegality}}<br>
{{isdaprov|5(b)(ii)}} {{isdaprov|Force Majeure Event}}<br>
{{isdaprov|5(b)(iii)}} {{isdaprov|Tax Event}}<br>
{{isdaprov|5(b)(iv)}} {{isdaprov|Tax Event Upon Merger}}<br>
{{isdaprov|5(b)(v)}} {{isdaprov|Credit Event Upon Merger}}<br>
{{isdaprov|5(b)(vi)}} {{isdaprov|Additional Termination Event}}<br>
====={{isdaprov|5(c)}} {{isdaprov|Hierarchy of Events}}=====
====={{isdaprov|5(c)}} {{isdaprov|Deferral of Payments and Deliveries During Waiting Period}}=====
====={{isdaprov|5(c)}} {{isdaprov|Inability of Head or Home Office to Perform Obligations of Branch}}=====
----
{{isdaanatomy}}
{{isdaanatomy}}

Revision as of 15:02, 15 August 2012

5 Events of Default and Termination Events
5(a) Events of Default
5(a)(i) Failure to Pay or Deliver
5(a)(ii) Breach of Agreement
5(a)(iii) Credit Support Default
5(a)(iv) Misrepresentation
5(a)(v) Default Under Specified Transaction
5(a)(vi) Cross Default
5(a)(vii) Bankruptcy
5(a)(viii) Merger without Assumption
5(b) Termination Events
5(b)(i) Illegality
5(b)(ii) Force Majeure Event
5(b)(iii) Tax Event
5(b)(iv) Tax Event Upon Merger
5(b)(v) Credit Event Upon Merger
5(b)(vi) Additional Termination Event
5(c) Hierarchy of Events
5(d) Deferral of Payments and Deliveries During Waiting Period
5(e) Inability of Head or Home Office to Perform Obligations of Branch
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