Obligations Binding - 1992 ISDA Provision

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1992 ISDA Master Agreement
A Jolly Contrarian owner’s manual™

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Resources Wikitext | Nutshell wikitext | 2002 ISDA wikitext | 2002 vs 1992 Showdown | 2006 ISDA Definitions | 2008 ISDA
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1 • (a) (b) (c) | 2 • (a) (b) (c) (d) (e) | 3 • (a) (b) (c) (d) (e) (f) | 4 • (a) (b) (c) (d) (e) | 5 • 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) Tax Event 5(b)(iii) Tax Event Upon Merger 5(b)(iv) Credit Event Upon Merger 5(b)(v) Additional Termination Event (c) | 6 • (a) (b) (c) (d) (e) | 7 | 8 • (a) (b) (c) (d) | 9 • (a) (b) (c) (d) (e) (f) (g) | 10 | 11 | 12 • (a) (b) | 13 • (a) (b) (c) (d) | 14 |

Index: Click ᐅ to expand: 2002 ISDA 1992 ISDA

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

Full text of Section 3(a)(v)

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)

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Content and comparisons

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

Summary

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

General discussion

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

See also

References

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