Common use of ISDA Termination Clause in Contracts

ISDA Termination. Party A has the right to (a) designate an Early Termination Date as the result of an Event of Default or Termination Event or (b) terminate this Transactions and determine an amount payable as a result of an Extraordinary Event, in each such case the provisions set forth under “Termination Settlement” shall apply in lieu of Section 6 of the Agreement;

Appears in 2 contracts

Sources: Confirmation (American Equity Investment Life Holding Co), Confirmation (American Equity Investment Life Holding Co)