Termination - ISDA Give-Up provision: Difference between revisions

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			''The [[2005 ISDA Master Give-Up Agreement]]''

	You may terminate a give-up by giving notice. Terminating won’t affect live transactions. If {{isdaprov\|AET}} applies to ''either'' party in your {{isdama}}, give-ups will terminate automatically on an {{isdaprov\|Event of Default}} causing [[automatic early termination]]. Termination is effective, depending on what you've elected in {{prov\|{{igu}}\|Part 5}} of the {{prov\|{{igu}}\|Schedule}} to the {{prov\|{{igu}}\|Agreement}}, a given number of hours after ''receipt'' of notice.		You may terminate a give-up by giving notice. Terminating won’t affect live transactions. If {{isdaprov\|AET}} applies to ''either'' party in your {{isdama}}, give-ups will terminate automatically on an {{isdaprov\|Event of Default}} causing [[automatic early termination]]. Termination is effective, depending on what you've elected in {{prov\|{{igu}}\|Part 5}} of the {{prov\|{{igu}}\|Schedule}} to the {{prov\|{{igu}}\|Agreement}}, a given number of hours after ''receipt'' of notice.