Template:Isda 2(a)(iii) comp: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "Section {{{{{1}}}|2(a)(iii)}} is the world-famous, notorious, much-feared “flawed asset” provision in the {{isdama}}. The text is unchanged between the {{1992ma}} and the {{2002ma}}.") |
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Section {{{{{1}}}|2(a)(iii)}} is the world-famous, notorious, much-feared “[[flawed asset]]” provision in the {{isdama}}. The text is unchanged between the {{1992ma}} and the {{2002ma}}. | Section {{{{{1}}}|2(a)(iii)}} is the world-famous, notorious, much-feared “[[flawed asset]]” provision in the {{isdama}}. The text is unchanged between the {{1992ma}} and the {{2002ma}}. However there ''was'' a change from the {{1987ma}} which did not have the middle condition precedent that “no {{{{{1}}}|Early Termination Date}} in respect of the relevant Transaction has occurred or been effectively designated”. | ||
Revision as of 15:06, 1 February 2024
Section {{{{{1}}}|2(a)(iii)}} is the world-famous, notorious, much-feared “flawed asset” provision in the ISDA Master Agreement. The text is unchanged between the 1992 ISDA and the 2002 ISDA. However there was a change from the 1987 ISDA which did not have the middle condition precedent that “no {{{{{1}}}|Early Termination Date}} in respect of the relevant Transaction has occurred or been effectively designated”.