Derivatives · glossary
The trades a Termination Event ends, and no others. Atlas had Part 1(g) confined to the swap, so when the swap ended the cap ran on to the end of its term. Definition: Affected Transactions · Chapter 11
Explained in Chapter 11, The Refinancing, Termination Events and the Orphaned Swap, of Derivatives.
The second half sets the rules, as the master agreement's definitions allow. Atlas is the only Affected Party, the party the event happened to. Only Pellhaven may end the trade, and only within 20 days. The Affected Transactions, the trades the event ends, are the swap alone.Read Chapter 11, The Refinancing, Termination Events and the Orphaned Swap →
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in relation to a Termination Event, the Transactions the event touches, determined under clause 5.3; for an Additional Termination Event, the Transactions the Schedule specifies;Read the definition in the document →
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