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Termination Events - ISDA Provision: Difference between revisions
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Termination Events - ISDA Provision (view source)
Revision as of 10:35, 9 August 2012
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Termination events are less likely (although sometimes they do) to trigger third-party defaults; however, they often will trigger termination rights that cut across all agreements with one dealer (i.e., {{isdaprov|Default Under Specified Transaction}}). | Termination events are less likely (although sometimes they do) to trigger third-party defaults; however, they often will trigger termination rights that cut across all agreements with one dealer (i.e., {{isdaprov|Default Under Specified Transaction}}). | ||
{{isdasnap|5(b)}} | |||
==Subsections to Section 5(b) {{isdama}}== | ==Subsections to Section 5(b) {{isdama}}== | ||
:(b) {{isdaprov|Termination Events}} | :(b) {{isdaprov|Termination Events}} | ||