Template:M comp disc 2002 ISDA 5(b)(i): Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) (Created page with "As its clause numbering indicates, {{isdaprov|Illegality}} is a Section {{isdaprov|5(b)}} {{isdaprov|Termination Event}} — being one of those irritating vicissitudes of life...") |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 1: | Line 1: | ||
As its clause numbering indicates, {{isdaprov|Illegality}} is a Section {{isdaprov|5(b)}} {{isdaprov|Termination Event}} — being one of those irritating vicissitudes of life that are no-one’s fault but which mean things cannot go on, and not a Section {{isdaprov|5(a)}} {{isdaprov|Event of Default}}, being those perfidious actions of one or other Party which bring matters to an end which, but for that behaviour, ought really to have been avoided. | [[5(b)(i) - ISDA Provision|As]] its clause numbering indicates, {{isdaprov|Illegality}} is a Section {{isdaprov|5(b)}} {{isdaprov|Termination Event}} — being one of those irritating vicissitudes of life that are no-one’s fault but which mean things cannot go on, and not a Section {{isdaprov|5(a)}} {{isdaprov|Event of Default}}, being those perfidious actions of one or other Party which bring matters to an end which, but for that behaviour, ought really to have been avoided. | ||
Revision as of 09:32, 6 July 2022
As its clause numbering indicates, Illegality is a Section 5(b) Termination Event — being one of those irritating vicissitudes of life that are no-one’s fault but which mean things cannot go on, and not a Section 5(a) Event of Default, being those perfidious actions of one or other Party which bring matters to an end which, but for that behaviour, ought really to have been avoided.