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Amwelladmin (talk | contribs) (Created page with "'''{{isdaprov|Cross Default}}'''. If "{{isdaprov|Cross Default}}" is specified in the Schedule as applying to the party, the occurrence or <br>existence of (1) a default, [[e...") |
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'''{{ | :{{isda92prov|5(a)(vi)}} '''{{isda92prov|Cross Default}}'''. If “{{isda92prov|Cross Default}}” is specified in the Schedule as applying to the party, the occurrence or existence of | ||
::(1) a default, [[event of default]] or other similar condition or event [[however described]]) in respect of such party, any {{isda92prov|Credit Support Provider}} of such party or any [[applicable]] {{isda92prov|Specified Entity}} of such party under one or more agreements or instruments relating to {{isda92prov|Specified Indebtedness}} of any of them ([[individually or collectively]]) in an aggregate amount of not less than the [[applicable]] {{isda92prov|Threshold Amount}} (as specified in the Schedule) which has resulted in such {{isda92prov|Specified Indebtedness}} becoming, or becoming capable at such time of being declared, due and payable under such agreements or instruments, before it would [[otherwise]] have been due and payable or | |||
::(2) a default by such party, such {{isda92prov|Credit Support Provider}} or such {{isda92prov|Specified Entity}} ([[individually or collectively]]) in making [[one or more]] payments on the due date thereof in an aggregate amount of [[not less than]] the [[applicable]] {{isda92prov|Threshold Amount}} under such agreements or instruments (after giving effect to any [[applicable]] notice requirement or [[grace period]]); <br> |