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Amwelladmin (talk | contribs) (Created page with "A similar state to the one you get in when you sign an {{isdama}}, because there is no no-fault termination right under it. So you can check out (not trade, let your expos...") |
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A similar state to the one you get in when you sign an {{isdama}}, because there is no [[no-fault termination]] right under it. So you can check out (not trade, let your exposures roll off) but you can never leave (unless your counterparty commits an {{isdaprov|Event of Default}} or {{isdaprov|Termination Event}} — and even then you are terminating all transactions and not the agreement itself. | {{g}}A similar state to the one you get in when you sign an {{isdama}}, because there is no [[no-fault termination]] right under it. So you can check out (not trade, let your exposures roll off) but you can never leave (unless your counterparty commits an {{isdaprov|Event of Default}} or {{isdaprov|Termination Event}} — and even then you are terminating all transactions and not the agreement itself. Your [[undead ISDA]] remains, undead, the immortal seed of the [[Dark Lord of the Swaps]], gestating into the infinite blackness. | ||
{{sa}} | |||
*[[Undead ISDA]] | |||
*{{isdaprov|Early Termination}} under the {{isdama}} | |||
{{egg}} | {{egg}} |