Notice (of Termination Event) - ISDA Provision: Difference between revisions
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Revision as of 12:35, 2 August 2016
Section 6(b) of the 1992 ISDA
In gory detail
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Analysis
Note the difficulty of practical compliance with this provision, given a sizeable ISDA portfolio, and the requirement for actively monitoring not only standard Termination Events, but also Additional Termination Events, which may be counterparty or even Transaction-specific.