Template:Nutshell 1992 ISDA Affected Party and 5(b): Difference between revisions
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{{Nutshell 1992 ISDA | {{Nutshell 1992 ISDA 5(b)}} | ||
Latest revision as of 14:47, 26 September 2022
“Affected Party” is defined in Section 5(b).
5(b) Termination Events: The events below occur to a party or its Credit Support Provider or Specified Entity (subject to Section 5(c)) it will be an Illegality (5(b)(i)); a Tax Event (5(b)(ii)), or a Tax Event Upon Merger (5(b)(iii)) and Credit Event Upon Merger (5(b)(iv)) or an Additional Termination Event (5(b)(v)):