Template:ISDA Master Agreement 1992 5(c): Difference between revisions

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{{isdaprov|5(c)}} '''{{isdaprov|Event of Default and Illegality}}'''. If an event or circumstance which would otherwise constitute or <br>give rise to an {{isdaprov|Event of Default}} also constitutes an {{isdaprov|Illegality}}, it will be treated as an {{isdaprov|Illegality}} and will not <br>constitute an {{isdaprov|Event of Default}}. <br>
{{isda92prov|5(c)}} '''{{isda92prov|Event of Default and Illegality}}'''. If an event or circumstance which would otherwise constitute or give rise to an {{isda92prov|Event of Default}} also constitutes an {{isda92prov|Illegality}}, it will be treated as an {{isda92prov|Illegality}} and will not constitute an {{isda92prov|Event of Default}}. <br>