Template:Nutshell 2002 ISDA 11: Difference between revisions

Latest revision as of 10:24, 27 July 2022

11 Expenses
A Defaulting Party will on demand indemnify the Non-Defaulting Party for all reasonable costs — including Stamp Tax — that the Non-Defaulting Party incurs in closing out Transactions and enforcing its rights against the Defaulting Party.

Revision as of 15:26, 5 April 2018 view source Amwelladmin (talk \| contribs) Bureaucrats, Interface administrators, Administrators 88,419 edits No edit summary ← Older edit		Latest revision as of 10:24, 27 July 2022 view source Amwelladmin (talk \| contribs) Bureaucrats, Interface administrators, Administrators 88,419 edits No edit summary
(3 intermediate revisions by the same user not shown)
Line 1:		Line 1:
	{{isdaprov\|11}} '''{{isdaprov\|Expenses}}'''. A {{isdaprov\|Defaulting Party}} will on demand [[Indemnity\|indemnify]] the {{isdaprov\|Non-Defaulting Party}} for all reasonable ~~expenses~~ — including {{isdaprov\|Stamp Tax}} — that the {{isdaprov\|Non-Defaulting Party}} incurs in closing out {{isdaprov\|Transactions}} and enforcing its rights against the {{isdaprov\|Defaulting Party}}.<br>		{{isdaprov\|11}} '''{{isdaprov\|Expenses}}'''<br>
			A {{isdaprov\|Defaulting Party}} will on demand [[Indemnity\|indemnify]] the {{isdaprov\|Non-Defaulting Party}} for all [[reasonable]] [[costs]] — including {{isdaprov\|Stamp Tax}} — that the {{isdaprov\|Non-Defaulting Party}} incurs in closing out {{isdaprov\|Transactions}} and enforcing its rights against the {{isdaprov\|Defaulting Party}}.<br>