Template:Nutshell 2002 ISDA 5(b)(v): Difference between revisions

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(Created page with ":{{isdaprov|5(b)(v)}} '''{{isdaprov|Credit Event Upon Merger}}'''. If “{{isdaprov|Credit Event Upon Merger}}” applies and it or any of its {{isdaprov|Credit Support Provid...")
 
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:{{isdaprov|5(b)(v)}} '''{{isdaprov|Credit Event Upon Merger}}'''. If “{{isdaprov|Credit Event Upon Merger}}” applies and it or any of its {{isdaprov|Credit Support Provider}}s or {{isdaprov|Specified Entities}} suffers a {{isdaprov|Designated Event}} (which is not a {{isdaprov|Merger Without Assumption}}) and the relevant entity’s (which will be the {{isdaprov|Affected Party}}) creditworthiness is materially weaker as a result.<br>
:{{isdaprov|5(b)(v)}} '''{{isdaprov|Credit Event Upon Merger}}'''. If “{{isdaprov|Credit Event Upon Merger}}” applies and it or any of its {{isdaprov|Credit Support Provider}}s or {{isdaprov|Specified Entities}} suffers a {{isdaprov|Designated Event}} (which is not a {{isdaprov|Merger Without Assumption}}) and the relevant entity’s (which will be the {{isdaprov|Affected Party}}) creditworthiness is materially weaker as a result.<br>
{{Nutshell 2002 ISDA Designated Event}}
:{{Nutshell 2002 ISDA Designated Event}}