2002 ISDA Energy Agreement Bridge and Commentary

The Energy Bridge, which is based on the 2001 ISDA Cross-Agreement Bridge is intended to permit a party, upon the occurrence of a designated Bridging Event with respect to the other party, to close out transactions under the ISDA Master Agreement and transactions under designated other agreements. Net close-out amounts under the Bridged Agreements are incorporated into Section 6(e)’s close-out calculation under the ISDA Master Agreement as Unpaid Amounts.

A Commentary to the 2002 ISDA Energy Bridge is also provided. The Commentary analyzes the provisions of the 2002 ISDA Energy Bridge and highlights some of the benefits of the approach.

Free downloads for 2002 ISDA Energy Agreement Bridge and Commentary (2)