Deferral of Payments and Deliveries During Waiting Period - ISDA Provision: Difference between revisions
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Revision as of 15:17, 2 October 2017
fullanat|isda|5(d)|2002}} Upon an Illegality or Force Majeure Event, payments and deliveries are deferred until the earlier of (a) the expiry of any Waiting Period; and (b) the date on which the Illegality or Force Majeure Event is cured.