Talk:Hierarchy of Events - ISDA Provision

Add topic
There are no discussions on this page.

1992

5(c) Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.

Return to "Hierarchy of Events - ISDA Provision" page.