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link 13.11.2008 14:42 
Subject: termination or liquidation of Transactions (ISDA Master Agreement) fin.
Как перевести termination и liquidation?

Приложение к ISDA Master Agreement

(e) The “Automatic Early Termination” provision of Section 6(a) will not apply to Party A or Party B; provided, however, that the “Automatic Early Termination” provision of Section 6(a) will apply to either such party if at any time an Event of Default specified in Section 5(a)(vii) (1), (2), (3), (4), (5), (6) or, to the extent analogous thereto, (8), with respect to a party has occurred and is then continuing, and either (A) the relevant voluntary or involuntary case or other proceeding or bankruptcy or insolvency giving rise to an Event of Default specified in such Sections is governed by a system of law which in the judgment of the Non-Defaulting Party, does not permit the termination and liquidation of Transactions after the occurrence of the relevant Event of Default or (B) any court, tribunal or regulatory authority with competent jurisdiction acting pursuant to any such system of law makes an order which has or purports to have the effect of prohibiting the other party from designating an Early Termination Date in respect of all outstanding Transactions at any time after such Event of Default has occurred.

Ниже ссылка на статью, где разъясняется указанные понятия:
http://images.jw.com/com/publications/419.pdf

Заранее спасибо.

 

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