Template:Isda 5 summ: Difference between revisions

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(Created page with "The process of closing out an ISDA following a {{{{{1}}}|Termination Event}} and not an {{{{{1}}}|Event of Default}}. There is a lengthy discussion of this here for our premium readers. Among financing documents,<ref>I know, I know: the ISDA ''isn’t'' a financing document. This is like saying Cristal is not specifically a rappers’ drink. Because it might not technically be — but it ''is''. </ref> Th...")
 
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The process of closing out an ISDA following a {{{{{1}}}|Termination Event}} and not an {{{{{1}}}|Event of Default}}. There is a lengthy discussion of this [[pjc:Events of Default and Termination Events - ISDA Provision|here]] for our premium readers.
[[Events of Default and Termination Events - ISDA Provision|The]] process of closing out an ISDA following a {{{{{1}}}|Termination Event}} and not an {{{{{1}}}|Event of Default}}. There is a lengthy discussion of this [[pjc:Events of Default and Termination Events - ISDA Provision|here]] for our premium readers.


Among financing documents,<ref>I know, I know: the ISDA ''isn’t'' a financing document. This is like saying Cristal is not specifically a rappers’ drink. Because it might not technically be — but it ''is''. </ref> The ISDA is — unique? Pioneering? Overcomplicated? — in having two types of event that can induce parties to call the whole thing off. Or parts of it.
Among financing documents,<ref>I know, I know: the ISDA ''isn’t'' a financing document. This is like saying Cristal is not specifically a rappers’ drink. Because it might not technically be — but it ''is''. </ref> The ISDA is — unique? Pioneering? Overcomplicated? — in having two types of event that can induce parties to call the whole thing off. Or parts of it.