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Termination Date - ISDA Definition: Difference between revisions
Termination Date - ISDA Definition (view source)
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{{fullanat|isdadefs|3.3|2006}} | {{fullanat|isdadefs|3.3|2006}} | ||
The {{isdadefsprov|Termination Date}} is not the date on which the relevant Swap Transaction terminates in the sense that all existing and future rights and obligations under that Swap Transaction cease to exist. Instead, it is the final day on which new payment obligations (such as coupon payments) arise in respect of the Swap Transaction. The existing rights and obligations in respect of that Swap Transaction continue to exist | |||