Template:Nutshell 1992 ISDA 5(a)(vi)

Revision as of 00:50, 26 January 2020 by Amwelladmin (talk | contribs) (Created page with "{{isdaprov|5(a)(vi)}} '''{{isdaprov|Cross Default}}'''. If "{{isdaprov|Cross-Default}}" applies it will be an {{isdaprov|Event of Default}} if: :(1) a party commits an even...")

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

5(a)(vi) Cross Default. If "Cross-Default" applies it will be an Event of Default if:

(1) a party commits an event of default* in a total amount greater than the Threshold Amount under any Specified Indebtedness; or

(2) it defaults (and any grace period expires) on any payment of Specified Indebtedness in a total amount greater than the Threshold Amount;

Retrieved from "https://jollycontrarian.com/index.php?title=Template:Nutshell_1992_ISDA_5(a)(vi)&oldid=39231"