ISDA Master Agreement Notice

Notice of Early Termination

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Description:

Notice of Early Termination sent to the Counterparty of an ISDA Master Agreement to terminate the Agreement and any outstanding transactions.

Pursuant to Section 6(b) of the Agreement, this letter serves as notice from the Company to the Company that an Early Termination Event under Section 5(b) has occurred with respect to the Company because [DETAILS]. The Company hereby exercises its right to terminate those outstanding Transactions set out in Schedule 1 attached hereto with the Company under the Agreement.

The Company designates [DATE] to be the Early Termination Date [this date cannot be earlier than the date this notice is received by the counterparty; date cannot be later than 20 calendar days following the date of this notice] in respect of those transactions set out in Schedule 1 attached hereto under the Agreement.

Document Type:

Letter / e-mail / note / correspondence

Category:

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

 
Keywords:

ISDA

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Master Agreement

,  

default

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derivatives

,  

event of default

,  

early termination

,  

termination event

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