Template:Nutshell GMRA 6(d): Difference between revisions
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{{gmraprov|6(d)}} Notwithstanding paragraph {{gmraprov|6(c)}}, given occasional practical difficulties in arranging [[delivery versus payment]], either party may waive its right to require simultaneous transfer and payment on a {{gmraprov|Transaction}} as long as the exchange happens on the same day. Any such [[waiver]] will not affect any other {{gmraprov|Transaction}}. <br> | {{gmraprov|6(d)}} '''{{gmraprov|Waiver of DVP}}''': Notwithstanding paragraph {{gmraprov|6(c)}}, given occasional practical difficulties in arranging [[delivery versus payment]], either party may waive its right to require simultaneous transfer and payment on a {{gmraprov|Transaction}} as long as the exchange happens on the same day. Any such [[waiver]] will not affect any other {{gmraprov|Transaction}}. <br> | ||
Latest revision as of 09:40, 6 June 2022
6(d) Waiver of DVP: Notwithstanding paragraph 6(c), given occasional practical difficulties in arranging delivery versus payment, either party may waive its right to require simultaneous transfer and payment on a Transaction as long as the exchange happens on the same day. Any such waiver will not affect any other Transaction.