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Template:M comp disc 2002 ISDA Termination Event: Difference between revisions
Template:M comp disc 2002 ISDA Termination Event (view source)
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A {{isdaprov|Termination Event}} is an event justifying one party unilaterally terminating a {{isdaprov|Transaction}} — or sometimes all {{isdaprov|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 {{isdaprov|Close-out Amount}} for the Transaction in question. | |||