Template:Nutshell 2002 ISDA 5(a)(viii): Difference between revisions

{{isdaprov|5(a)(viii)}} '''{{isdaprov|Merger Without Assumption}}'''. The party (or a {{isdaprov|Credit Support Provider}}) merges with or transfers or [[all or substantially all its assets]] to another entity and:―

:(1) the resulting entity fails to assume ''all'' the original party’s obligations under this {{isdaprov|Agreement}} or the relevant {{isdaprov|Credit Support Document}}; or

:(2) the {{isdaprov|Credit Support Document}} does not extend to the resulting party’s performance under this {{isdaprov|Agreement}}.