Derivatives · glossary
A Termination Event the parties add in the Schedule for themselves. Here there is one, the Facility Termination in Part 1(g). It let the bank end the swap once Atlas repaid its loan in full. Schedule, Part 1(g) · Chapter 11
Explained in Chapter 11, The Refinancing, Termination Events and the Orphaned Swap, of Derivatives.
The first four are standard, and none applied here. Paragraph (e) does nothing by itself. It points to any event the parties add in the Schedule, called an Additional Termination Event. Atlas and Pellhaven added one, in paragraph (g) of Part 1.Read Chapter 11, The Refinancing, Termination Events and the Orphaned Swap →
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