Definition Type: Element
Name: obligationAcceleration
Namespace: http://www.fpml.org/2007/FpML-4-4
Type: fpml:Empty
Containing Schema: fpml-option-shared-4-4.xsd
MinOccurs 0
MaxOccurs (1)
Abstract
Documentation:
A credit event. One or more of the obligations have been declared due and payable before they would otherwise have been due and payable as a result of, or on the basis of, the occurrence of a default, event of default or other similar condition or event other than failure to pay (preferred by the market over Obligation Default, because more definitive and encompasses the definition of Obligation Default - this is more favorable to the Seller). Subject to the default requirement amount. ISDA 2003 Term: Obligation Acceleration
Collapse XSD Schema Diagram:
Drilldown into Empty in schema fpml-shared-4-4_xsdXSD Diagram of obligationAcceleration in schema fpml-option-shared-4-4_xsd (Financial products Markup Language (FpML®))
Collapse XSD Schema Code:
<xsd:element name="obligationAcceleration" type="Empty" minOccurs="0">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">A credit event. One or more of the obligations have been declared due and payable before they would otherwise have been due and payable as a result of, or on the basis of, the occurrence of a default, event of default or other similar condition or event other than failure to pay (preferred by the market over Obligation Default, because more definitive and encompasses the definition of Obligation Default - this is more favorable to the Seller). Subject to the default requirement amount. ISDA 2003 Term: Obligation Acceleration</xsd:documentation>
    </xsd:annotation>
</xsd:element>
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