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- Derivatives
- Termination of financial derivatives
Scope of the ISDA Master Agreement — section 5 (Events of Default and Termination Events)
A Termination Event is different from an Event of Default because it may be due not to the act or failure to act of a party but rather to an event which is outside its control.
This guidance note takes you through the Events of Default and Termination Events in the ISDA Master Agreement.
See Scope of the ISDA Master Agreement — section 5 (Events of Default and Termination Events).
