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Template:M comp disc 1992 ISDA Termination Event: Difference between revisions
Template:M comp disc 1992 ISDA Termination Event (view source)
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{{isdacomparison}} {{ISDAnumberingdiscrepancy}} | {{isdacomparison}} | ||
{{ISDAnumberingdiscrepancy}} | |||
A {{isda92prov|Termination Event}} is an event justifying one party unilaterally terminating a {{isda92prov|Transaction}} — or sometimes all {{isda92prov|Transactions}} — but that is generally of a nature that does not cast aspersions of impropriety on the other, or “[[Affected Party - ISDA Provision|Affected]]”, party. This makes a difference when it comes to how one calculates the {{isda92prov|Close-out Amount}} for the Transaction in question. | A {{isda92prov|Termination Event}} is an event justifying one party unilaterally terminating a {{isda92prov|Transaction}} — or sometimes all {{isda92prov|Transactions}} — but that is generally of a nature that does not cast aspersions of impropriety on the other, or “[[Affected Party - ISDA Provision|Affected]]”, party. This makes a difference when it comes to how one calculates the {{isda92prov|Close-out Amount}} for the Transaction in question. | ||