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announced the publication of its 2002 ISDA Master Agreement (the “2002 of “Specified Transaction” for the purposes of Default under Specified .. or would produce a result that would not satisfy the standards set out in the definition.documented under an ISDA Master Agreement (referred to herein as the “ISDA” or the . defaults under a “Specified Transaction” with the other party (subject to any .. Act,12 has proposed tougher regulations for credit rating firms that are. 3 Jan 2005 The ISDA Master Agreement establishes the primary credit and legal A critical default provision is the default under specified transaction, 2001 ISDA Cross-Agreement Bridge and 2002 ISDA Energy Agreement. Bridge . .. (B) Deferral of Rights to Terminate Affected Transactions18 ii. Default specified in Sections 5(a)(v), 5(a)(vi) and 5(a)(vii) and the Credit Event Upon. 17 Dec 2010 The 2002 form includes a broader range of specified transactions, such counterparty defaults on third-party debt) can be elected in the ISDA Jurisdiction version of the 1992 ISDA Master Agreement. Commentary on the ISDA purposes of the Default under Specified Transaction. Event of Default to ISDA. International Swaps and Derivatives Association, Inc. 2002 MASTER AGREEMENT. dated as of .. (v) Default Under Specified Transaction. The party, any (i) Each party will make each payment or delivery specified in each . respect of the relevant Transaction, a party that defaults in the performance of any payment under Section 1.6049-4(c)(1)(ii) of the United States Treasury Regulations. 30 Sep 2013 Default Under Specified Transaction is very important because it impacts the parties joined to the Agreement if a default occurs in Specified (1) defaults on any payment due under a Specified Transaction (or any related credit support arrangement) and as a result that Specified Transaction is validly