Derivatives · glossary
The Additional Termination Event in Part 1(g). If Atlas repaid its loan in full early, the loan was accelerated or Atlas stopped being the borrower, the bank alone could end the swap within 20 days. Limb (i) fired when Atlas refinanced. Schedule, Part 1(g) · Chapter 11
Explained in Chapter 11, The Refinancing, Termination Events and the Orphaned Swap, of Derivatives.
The added event is called a Facility Termination. The paragraph lists three triggers, then says what follows…Read Chapter 11, The Refinancing, Termination Events and the Orphaned Swap →
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