Obligations Binding - 1992 ISDA Provision

From The Jolly Contrarian
Jump to navigation Jump to search

1992 ISDA Master Agreement
A Jolly Contrarian owner’s manual

Section 3(a)(v) in a Nutshell
Use at your own risk, campers!

3(a)(v) Obligations Binding. Its obligations under this Agreement and any Credit Support Document are its legal, valid and binding on it and can be enforced according to their terms (subject to equitable principles and laws affecting creditors’ rights generally).

view template

Section 3(a)(v) in full

3(a)(v) Obligations Binding. Its obligations under this Agreement and any Credit Support Document to which it is a party constitute its legal, valid and binding obligations, enforceable in accordance with their respective terms (subject to applicable bankruptcy, reorganisation, insolvency, moratorium or similar laws affecting creditors’ rights generally and subject, as to enforceability, to equitable principles of general application (regardless of whether enforcement is sought in a proceeding in equity or at law)).

view template

Related agreements and comparisons

Related Agreements
Click here for the text of Section 3(a)(v) in the 2002 ISDA
Comparisons
Template:Isdadiff 3(a)(v)

Resources and navigation

Resources Wikitext | Nutshell wikitext | 2002 ISDA wikitext | 2002 vs 1992 Showdown | 2006 ISDA Definitions | 2008 ISDA
Navigation Preamble | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14
Events of Default: 5(a)(i) Failure to Pay or Deliver5(a)(ii) Breach of Agreement5(a)(iii) Credit Support Default5(a)(iv) Misrepresentation5(a)(v) Default Under Specified Transaction5(a)(vi) Cross Default5(a)(vii) Bankruptcy5(a)(viii) Merger Without Assumption
Termination Events: 5(b)(i) Illegality5(b)(ii) Tax Event5(b)(iii) Tax Event Upon Merger5(b)(iv) Credit Event Upon Merger5(b)(v) Additional Termination Event

Index — Click ᐅ to expand:

Get in touch
Comments? Questions? Suggestions? Requests? Sign up for our newsletter? Questions? We’d love to hear from you.
BREAKING: Get the new weekly newsletter here Old editions here

Content and comparisons

Template:M comp disc 1992 ISDA 3(a)(v)
Template

Summary

Template:M summ 1992 ISDA 3(a)(v)
Template

General discussion

Template:M gen 1992 ISDA 3(a)(v)
Template

See also

Template

References