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Specified Indebtedness - ISDA Provision: Difference between revisions
Specified Indebtedness - ISDA Provision (view source)
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A simple and innocuous enough looking provision. Ahh, but what to make of the definition of [[borrowed money]]? Could it include [[repo]]? (No, according to Simon Firth - see [[borrowed money|here]]) | A simple and innocuous enough looking provision. Ahh, but what to make of the definition of [[borrowed money]]? Could it include [[repo]]? (No, according to Simon Firth - see [[borrowed money|here]]) | ||
Of particular interest in the debate on {{isdaprov|Cross Default}}. Please refer to that section for a fuller discussion. | Of particular interest in the debate on {{isdaprov|Cross Default}}. Please refer to that section for a fuller discussion. see also the somewhat clumsier (but materially similar) definition of {{isdaprov|Specified Indebtedness}} in the {{efetma}}. | ||
{{isdaanatomy}} | {{isdaanatomy}} | ||