Potential Event of Default - ISDA Provision: Difference between revisions
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Revision as of 22:24, 25 June 2012
Believe it or not, this is something that might turn into, but isn't yet, an Event of Default.
1992 ISDA Master
“Potential Event of Default” means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.
2002 ISDA Master
“Potential Event of Default” means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.