Template:M premium 2002 ISDA 5

• Events of Default vs. Termination Events showdown: why is there a difference between Events of Default and Termination Events, what is the difference, how will it affect me in practice, tell me more about this odd netherworld of Additional Termination Events, and is there a good way of describing both, or must I really stick with “an Event of Default or a Termination Event, as the case may be”?
• Events of Default vs. Termination Events showdown: why is there a difference between Events of Default and Termination Events, what is the difference, how will it affect me in practice, tell me more about this odd netherworld of Additional Termination Events, and is there a good way of describing both, or must I really stick with “an Event of Default or a Termination Event, as the case may be”?
• A looooong essay about the genealogy of Termination Events and Events of Defaults, why they are different, what they do, which ones matter, which ones are regrettable and the curious incident of the flawed asset clause in the night-time.
• Section 5(e): the head office and the branch
• Legal personality: the nature of head offices, branches and affiliates, and so on: a handy guide for when you can’t bring yourself to explain to the head of credit again why you don’t need a contract between two branches of the same entity.
• How the hierarchy works between Illegalities, Force Majeure and Events of Default, should they all descend on your Counterparty at once, in the shape of the same event
• Deferral of payments and deliveries during the Waiting Period
• Waiting Periods generally

• “Burdened” Party? Is that different from an Affected Party?
• The unbearable vagueness of “materially weaker”
• The perennial hedge fund complaint: come on, guys: I am never going to merge.

• On why we need a hierarchy clause between Events of Default and Termination Events in the first place
• The Force Majeure Upgrade (for 1992 fans)
• The Repudiation exception: what is that all about?

• A deep and unnecessarily ontological enquiry into the difference between a branch and an affiliate, drawing on the metaphor of a body and a limb imagining a scenario with Pink Floyd’s lead guitarist to put it all into context.