Specified Entity - ISDA Provision: Difference between revisions
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{{isdasnap|Specified Entity}} | |||
====Commentary==== | |||
====See Also==== | |||
{{isdaanatomy}} | |||
==Commentary== | ==Commentary== | ||
Revision as of 13:30, 9 October 2015
In gory detail
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1992 ISDA |
2002 ISDA |
Commentary
See Also
Commentary
A Specified Enity is any affiliate (or, in theory at any rate, even a non-affiliate) of a counterparty to an ISDA Master Agreement which is designated in the relevant Schedule.
It is relevant to the definition of Cross Default and Default under Specified Transaction in that it widens the effect of those provisions to include defaults by the parties specified.