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Amwelladmin (talk | contribs) m (Amwelladmin moved page Template:ATE Capsule to Template:Isda Additional Termination Event summ) |
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{{{{{1}}}|Additional Termination Event}}s are the ''other'' termination events your [[Credit officer|Credit department]] has dreamt up for this specific counterparty, that didn’t occur to the framers of the {{isdama}} — or, at any rate, weren’t sufficiently universal to warrant being included in the {{isdama}} for all. While the standard {{{{{1}}}|Termination Events}} tend to be “non-fault” events which justify termination of the relationship on economic grounds, but not on terms necessarily punitive to the {{{{{1}}}|Affected Party}}, Additional Termination | {{{{{1}}}|Additional Termination Event}}s are the ''other'' termination events your [[Credit officer|Credit department]] has dreamt up for this specific counterparty, that didn’t occur to the framers of the {{isdama}} — or, at any rate, weren’t sufficiently universal to warrant being included in the {{isdama}} for all. While the standard {{{{{1}}}|Termination Events}} tend to be “non-fault” events which justify termination of the relationship on economic grounds, but not on terms necessarily punitive to the {{{{{1}}}|Affected Party}}, {{{{{1}}}|Additional Termination Event}}s are more “credit-y”, more susceptible of moral outrage, and as such more closely resemble {{{{{1}}}|Events of Default}} than {{{{{1}}}|Termination Events}}. | ||
Common ones include: | Common ones include: |