ISDA Master Agreement Notice

Notice of Early Termination

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Description:

This document can be used as a termination notice format of a pdf version of ISDA master agreement. It is a Notice of Early Termination sent to the Counterparty of an ISDA Master Agreement to terminate the Agreement and any outstanding transactions.

This documents first states the details of ISDA Master Agreement which is referred to, such as parties involved and the signing date of the agreement. 

The notice explains that in accordance to s.5(b), an Early Termination Event has occurred. Details of the occurrence of such events and reasons regarding its occurrence should be explained. 

The notice also states the Early Termination Date and details of the post-termination actions, such as statement being sent to the counterparty, when will this notice be sent, and nothing in this letter would amount to a waiver of any rights the Company may have. 

How to use this Document?

This notice should be carefully reviewed by the party before sending to ensure that the details of the ISDA contract and transactions are correct and that the proper termination procedures have been followed. Otherwise, the termination notice may not be valid.

To avoid any future disputes, the date, time and place of delivery of the termination notice should be recorded.

How to Tailor the Document for Your Need?

1. Create Document: Click “Create Document” button and the document will be prepared with your account details automatically filled in.
2. Please fill in any additional information by following the step-by-step guide on the left hand side of the preview document and click the “Next” button.
3. When you are done, click the “Get Document” button and you can download the document in Word or PDF format.
4. Please review the document carefully and make any final modifications to ensure that the details are correct before sending to the addressee.

Document Type:

Letter / e-mail / note / correspondence

Category:

Business > Banking and Finance > Bonds / Debentures / Notes / Derivatives

 
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