Template:Isda Waiting Period summ: Difference between revisions

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The {{{{{1}}}|Waiting Period}} for {{{{{1}}}|Illegality}} (Section {{{{{1}}}|5(b)(i)}}) is three {{{{{1}}}|Local Business Days}}; for a {{isdaprov|Force Majeure Event}} ({{isdaprov|5(b)(ii)}} of the {{2002ma}} only; no such thing in the {{1992ma}}) it is 8 {{isdaprov|Local Business Days}}.
The {{isdaprov|Waiting Period}} for {{isdaprov|Illegality}} (Section {{isdaprov|5(b)(i)}}) is three {{isdaprov|Local Business Days}}; for a {{isdaprov|Force Majeure Event}} ({{isdaprov|5(b)(ii)}} it is 8 {{isdaprov|Local Business Days}}.
 
There are no waiting periods in the {{1992ma}}.

Revision as of 13:34, 12 April 2020

The Waiting Period for Illegality (Section 5(b)(i)) is three Local Business Days; for a Force Majeure Event (5(b)(ii) it is 8 Local Business Days.

There are no waiting periods in the 1992 ISDA.

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