Template:ISDA Master Agreement 2002 2(a)(iii): Difference between revisions

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:{{isdaprov|2(a)(iii)}} Each obligation of each party under Section {{isdaprov|2(a)(i)}} is subject to (1) the [[condition precedent]]  that no {{isdaprov|Event of Default}} or {{isdaprov|Potential Event of Default}} with respect to the other party has occurred and is continuing, (2) the [[condition precedent]] that no {{isdaprov|Early Termination Date}} in respect of the relevant {{isdaprov|Transaction}} has occurred or been effectively designated and (3) each other applicable condition precedent specified in this {{isdaprov|Agreement}}.<br>
:{{isdaprov|2(a)(iii)}} Each obligation of each party under Section {{isdaprov|2(a)(i)}} is subject to (1) the [[condition precedent]]  that no {{isdaprov|Event of Default}} or {{isdaprov|Potential Event of Default}} with respect to the other party has occurred and is continuing, (2) the [[condition precedent]] that no {{isdaprov|Early Termination Date}} in respect of the relevant {{isdaprov|Transaction}} has occurred or been effectively designated and (3) each other condition specified in this {{isdaprov|Agreement}} to be a [[condition precedent]] for the purpose of this Section {{isdaprov|2(a)(iii)}}.<br>