Template:2014 ISDA Credit Derivatives Definitions 2.2(m)

2.2(m) “Successor Notice” means an irrevocable notice from a party to a Credit Derivative Transaction to the other party and the Calculation Agent that describes a succession ( or, in relation to a Reference Entity that is a Sovereign, a Sovereign Succession Event) in respect of which a Succession Date has occurred and pursuant to which one or more Successors to the Reference Entity can be determined. A Successor Notice must contain a description in reasonable detail of the facts relevant to the determination to be made pursuant to Section 2.2(a) .