AutomaticEarlyTermination

Type CDM 7.2.0

A class to specify the Automatic Early Termination provision applicable to a Master Agreement.

Extends —

Extended by —

Attributes 3

Namespace cdm.legaldocumentation.master.isda

Attributes

All 3 declared on AutomaticEarlyTermination. Cardinality in amber is required.

Name	Type	Card.	Description
fallbackAET	boolean	1..1	Specifies whether automatic termination applies in the event of certain bankruptcy events.
indemnity	boolean	1..1	Specifies whether indemnity applies in the event AET is applicable to one or both of the parties.
partyElection	AutomaticEarlyTerminationElection	0..2	The party election specific to the Automatic Early Termination Clause.

Conditions

Validation rules the model enforces on this type, in Rune. An instance that breaks one of these is invalid CDM, whatever produced it.

FallbackAET Condition

The fallback Automatic Early Termination provision can only be specified as applicable if the Automatic Early Termination Clause is not applicable to one of the parties.

if fallbackAET = True
then partyElection -> isApplicable all = False

Indemnity Condition

If Automatic Early Termination can never apply then indemnity cannot apply.

if fallbackAET = False and partyElection -> isApplicable all = False
then indemnity = False

Referenced by

1 type holds an AutomaticEarlyTermination as an attribute.

MasterAgreement

Open AutomaticEarlyTermination in the Model Browser

Walk the tree and the reference graph interactively, and switch releases to see how the type has changed. Free, no signup.

Model Browser All 200+ releases

Parsed from CDM 7.2.0 · legaldocumentation-master-isda-type.rosetta cdm.legaldocumentation.master.isda