Selling Derivative Claims
Document Type
Article
Publication Date
8-2010
ISSN
1075-2412
Publisher
Euromoney Institutional Investor PLC
Language
en-US
Abstract
Under Section 5(a)(vii) of the ISDA 2002 Master Agreement, the bankruptcy of a party, Credit Support Provider or applicable Specified Entity constitutes an Event of Default. Pursuant to Section 6 of the Master Agreement, upon an Event of Default, the non-defaulting party may designate an Early Termination Date in respect of all outstanding Transactions and must provide notice thereof to the defaulting party.
Recommended Citation
Steven B. Levine & Timothy Bennett,
Selling Derivative Claims
,
in
Derivatives Week
(2010).
Available at:
https://scholarship.law.bu.edu/faculty_scholarship/3724
