Threshold Amount - ISDA Provision

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2002 ISDA Master Agreement
A Jolly Contrarian owner’s manual™

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Section Threshold Amount in a Nutshell

Use at your own risk, campers!
Threshold Amount” will be specified in the Schedule.

Full text of Section Threshold Amount

Threshold Amount” means the amount, if any, specified as such in the Schedule.

Related agreements and comparisons

Related Agreements
Click here for the text of Section Threshold Amount in the 1992 ISDA
Template:Isdadiff Threshold Amount

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Template:M comp disc 2002 ISDA Threshold Amount



A key feature of the Cross Default Event of Default in the ISDA Master Agreement. This is the level over which accumulated indebtedness defaults comprise an Event of Default. Because of the snowball effect that a cross default clause can have, it needs to be high. for a bank, typically 2 or 3% of shareholder’s equity or USD100,000,000 - for a fund an equivalent portion of NAV.


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