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{{ISDAnumberingdiscrepancy}} | {{fullanat2|isda|5(b)(v)|2002|5(b)(iv)|1992}} | ||
{{ISDAnumberingdiscrepancy}} - Section {{isdaprov|5(a)(viii)}} is {{isdaprov|Merger Without Assumption}}. | |||
Pay attention to the interplay between this section and Section {{isdaprov|7(a)}} of the {{isdaprov|Transfer}} Section. You should not need to amend Section {{isdaprov|7(a)}} (for example to require equivalence of credit quality of any transferee entity etc because that is managed by {{isdaprov|CEUM}}. | |||
Note also the interrelationship between [[CEUM]] and the {{isdaprov|Ratings Downgrade}} {{isdaprov|ATE}}. One can be forgiven for feeling a little ambivalent about {{isdaprov|CEUM}} because it is either caught by {{isdaprov|Ratings Downgrade}} or, where there is no requirement for a general Ratings Downgrade, insisting on {{isdaprov|CEUM}} seems a bit arbitrary (i.e. why do we care about a downgrade as a result of a merger, but not any other downgrade?) | |||
Note also the interrelationship between CEUM and the {{isdaprov|Ratings Downgrade}} {{isdaprov|ATE}}. One can be forgiven for feeling a little ambivalent about {{isdaprov|CEUM}} because it is either caught by Ratings Downgrade or, where there is no requirement for a general Ratings Downgrade, insisting on {{isdaprov|CEUM}} seems a bit arbitrary (i.e. why do we care about a downgrade as a result of a merger, but not any other downgrade?) | |||