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Amwelladmin (talk | contribs) m (Amwelladmin moved page Template:Nutshell 2002 ISDA Breach of Agreement to Template:Nutshell 2002 ISDA 5(a)(ii)) |
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“'''{{isdaprov|Breach of Agreement}}'''” means: <br> | {{isdaprov|5(a)(ii)}} “'''{{isdaprov|Breach of Agreement}}'''” means: <br> | ||
(1) a party fails to perform any obligation under the Agreement and doesn’t remedy the failure within 30 days of notice by the other party ''other than'' the following: | (1) a party fails to perform any obligation under the Agreement and doesn’t remedy the failure within 30 days of notice by the other party ''other than'' the following: | ||
*a {{isdaprov|Failure to Pay or Deliver}} | *a {{isdaprov|Failure to Pay or Deliver}} | ||
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*not providing any necessary tax documents | *not providing any necessary tax documents | ||
*any tax representations not being true | *any tax representations not being true | ||
(2) a party [[Repudiate|repudiates]] or challenges the validity of, this {{isdama}}, any {{isdaprov|Confirmation}} or any {{isdaprov|Transaction}}. | (2) a party [[Repudiate|repudiates]] or challenges the validity of, this {{isdama}}, any {{isdaprov|Confirmation}} or any {{isdaprov|Transaction}}. <br> |