Terminated Transactions - ISDA Provision: Difference between revisions

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Terminated Transactions - ISDA Provision (view source)

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=={{1992ma}}==
{{isdsnap|Terminated Transactions Definition}}
 
"Terminated Transactions" means with respect to any Early Termination Date (a) if resulting from a
Termination Event, all {{isdaprov|Affected Transaction}}s and (b) if resulting from an {{isdaprov|Event of Default}}, all {{isdaprov|Transaction}}s
(in either case) in effect immediately before the effectiveness of the notice designating that Early Termination
Date (or, if "'''{{isdaprov|Automatic Early Termination}}'''" applies, immediately before that Early Termination Date).
 
=={{2002ma}}==
 
"Terminated Transactions" means, with respect to any {{isdaprov|Early Termination Date}}, (a) if resulting from an Illegality or
a {{isdaprov|Force Majeure Event}}, all {{isdaprov|Affected Transaction}}s specified in the notice given pursuant to Section 6(b)(iv), (b) if
resulting from any other {{isdaprov|Termination Event}}, all {{isdaprov|Affected Transaction}}s and (c) if resulting from an {{isdaprov|Event of Default}},
all Transactions in effect either immediately before the effectiveness of the notice designating that Early Termination
Date or, if {{isdaprov|Automatic Early Termination}} applies, immediately before that {{isdaprov|Early Termination Date}}.
 
==Proposed ISDA Protocol Amendments as a result of adjustment to {{isdaprov|Section 2(a)(iii)}}==
==Proposed ISDA Protocol Amendments as a result of adjustment to {{isdaprov|Section 2(a)(iii)}}==
  "Terminated Transactions" means, with respect to any {{isdaprov|Early Termination Date}}, (a) if resulting from an Illegality or
  "Terminated Transactions" means, with respect to any {{isdaprov|Early Termination Date}}, (a) if resulting from an Illegality or
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