Template:ISDA English Law Credit Support Deed 2018 Access Condition: Difference between revisions

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:{{imcsdprov|13(e)(ii)}} '''{{imcsdprov|Specified Condition and Access Condition}}'''. For purposes of the provisions of Paragraph {{imcsdprov|4(a)}}, a {{imcsdprov|Chargor Rights Event}} or {{imcsdprov|Secured Party Rights Event}} with respect to the other party shall constitute a “{{imcsdprov|Specified Condition}}”. For purposes of the definitions of the {{imcsdprov|NEC Event}}, {{imcsdprov|Secured Party Rights Event}} or {{imcsdprov|Chargor Rights Event}} (in each case, if [[applicable]]), the following {{isdaprov|Termination Event}}(s) (to the extent that such {{isdaprov|Termination Event}}s are applicable in respect of the relevant party under this {{imcsdprov|Deed}}) specified below will be an “{{imcsdprov|Access Condition}}” with respect to the party so specified if: (a) that party is an {{imcsdprov|Affected Party}} with respect to such {{imcsdprov|Termination Event}}; and (b) all {{isdaprov|Transaction}}s are {{isdaprov|Affected Transaction}}s:
:{{imcsdprov|13(e)(ii)}} '''{{imcsdprov|Specified Condition and Access Condition}}'''. For purposes of the provisions of Paragraph {{imcsdprov|4(a)}}, a {{imcsdprov|Chargor Rights Event}} or {{imcsdprov|Secured Party Rights Event}} with respect to the other party shall constitute a “'''{{imcsdprov|Specified Condition}}'''”. For purposes of the definitions of the {{imcsdprov|NEC Event}}, {{imcsdprov|Secured Party Rights Event}} or {{imcsdprov|Chargor Rights Event}} (in each case, if [[applicable]]), the following {{isdaprov|Termination Event}}(s) (to the extent that such {{isdaprov|Termination Event}}s are applicable in respect of the relevant party under this {{imcsdprov|Deed}}) specified below will be an “'''{{imcsdprov|Access Condition}}'''” with respect to the party so specified if: (a) that party is an {{imcsdprov|Affected Party}} with respect to such {{isdaprov|Termination Event}}; and (b) all {{isdaprov|Transaction}}s are {{isdaprov|Affected Transaction}}s:
:{| class="wikitable"
:{| class="wikitable"
|+  
|+  
|-
|-
! Termination Event !! Party A !! Party B  
! {{isdaprov|Termination Event}} !! Party A !! Party B  
|-
|-
| Illegality|| [•] || [•]
| {{isdaprov|Illegality}}|| [•] || [•]
|-
|-
| Force Majeure Event|| [•] || [•]
| {{isdaprov|Force Majeure Event}}|| [•] || [•]
|-
|-
| Tax Event|| [•] || [•]
| {{isdaprov|Tax Event}} || [•] || [•]
|-
|-
| Tax Event Upon Merger|| [•] || [•]
| {{isdaprov|Tax Event Upon Merger}} || [•] || [•]
|-
|-
| Credit Event Upon Merger|| [•] || [•]
| {{isdaprov|Credit Event Upon Merger}} || [•] || [•]
|-
|-
| Additional Termination Event(s): || [•] || [•]
| {{isdaprov|Additional Termination Event}}(s): || [•] || [•]
|-
|-
|  || [•] || [•]
|  || [•] || [•]
|}
|}