Talk:Agreements - 1987 ISDA Provision

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Revision as of 13:07, 7 September 2024 by Amwelladmin (talk | contribs) (Created page with "1987 4 Agreements Each party agrees with the other that, so long as it has or may have any obligation under this Agreement or under any Credit Support Document to which it is a party:- 4(a) Furnish Specified Information. It will deliver to the other party:- 4(a)(i) any forms, documents or certificates relating to taxation specified in Part 3 of the Schedule or any Confirmation; and 4(a)(ii) any other documents specified in Part 3 of the Schedule or any Confirmation, by...")
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1987

4 Agreements Each party agrees with the other that, so long as it has or may have any obligation under this Agreement or under any Credit Support Document to which it is a party:- 4(a) Furnish Specified Information. It will deliver to the other party:- 4(a)(i) any forms, documents or certificates relating to taxation specified in Part 3 of the Schedule or any Confirmation; and 4(a)(ii) any other documents specified in Part 3 of the Schedule or any Confirmation, by the date specified in Part 3 of the Schedule or such Confirmation or, if none is specified, as soon as practicable. 4(b) Maintain Authorisations. It will use all reasonable efforts to maintain in full force and effect all consents of any governmental or other authority that are required to be obtained by it with respect to this Agreement or any Credit Support Document to which it is a party and will use all reasonable efforts to obtain any that may become necessary in the future. 4(c) Comply with Laws. It will comply in all material respects with all applicable laws and orders to which it may be subject if failure so to comply would materially impair its ability to perform its obligations under this Agreement or any Credit Support Document to which it is a party. 4(d) Tax Agreement. It will give notice of any failure of a representation made by it under Section 3(f) to be accurate and true promptly upon learning of such failure. 4(e) Payment of Stamp Tax. ft will pay any Stamp Tax levied or imposed upon it or in respect of its execution or performance of this Agreement by a jurisdiction in which it is incorporated, organised, managed and controlled, or considered to have its seat, or in which a branch or office through which it is acting for the purpose of this Agreement is located (“Stamp Tax Jurisdiction”) and will indemnify the other party against any Stamp Tax levied or imposed upon the other party or in respect of the other party's execution or performance of this Agreement by any such Stamp Tax Jurisdiction which is not also a Stamp Tax Jurisdiction with respect to the other party.