Template:ISDA Master Agreement 1992 Terminated Transactions

“Terminated Transactions” means with respect to any Early Termination Date

(a) if resulting from a Termination Event, all Affected Transactions and

(b) if resulting from an Event of Default, all Transactions

(in either case) in effect immediately before the effectiveness of the notice designating that Early Termination Date (or, if “Automatic Early Termination” applies, immediately before that Early Termination Date).