ISDA Exclusionary Terms and Keepwell Terms Advisory Note

The purpose of the ISDA Exclusionary Terms and the ISDA Keepwell Terms is to provide contractual terms that may be easily inserted into transaction documentation to address issues relating to guarantees by parties that may be non-ECPs. The ISDA Exclusionary Terms and Keepwell Terms can be used individually or in combination for these situations.

Documents (1) for ISDA Exclusionary Terms and Keepwell Terms Advisory Note

Addressing Termination Troubles

When Enron announced a shock $618 million loss on October 16, 2001, it took a further 47 days until it filed for bankruptcy. For Bear Stearns, it took 266 days between its bailout of a structured credit fund run by...