Template:ISDA 2002 2(a)(iii)1 cp

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Label: ISDA 2002 2(a)(iii)1 cp.
beneficiary: either Party.
obligation: all beneficiary’s obligations.
action: exists for Other Party.
condition: any of

Event of Default or Potential Event of Default; or
Early Termination Date for Transaction; or
Other Condition Precedent.