Template:GMRA 2000 6(j): Difference between revisions
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Amwelladmin (talk | contribs) Created page with "{{gmraprov|6(j)}} If the parties have specified in {{gmraprov|Annex I}} hereto that this paragraph {{gmraprov|6(j)}} shall apply, each obligation of a party under this {{gmrap..." |
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{{gmraprov|6(j)}} If the parties have specified in {{gmraprov|Annex I}} hereto that this paragraph {{gmraprov|6(j)}} shall apply, each obligation of a party under this {{gmraprov|Agreement}} (other than an obligation arising under paragraph {{gmraprov|10}}) is subject to the [[condition precedent]] that none of those events specified in paragraph {{gmraprov|10(a)}} which are identified in {{gmraprov|Annex I}} hereto for the purposes of this paragraph {{gmraprov|6(j)}} (being events which, upon the serving of a {{gmraprov|Default Notice}}, would be an {{gmraprov|Event of Default}} with respect to the other party) shall have occurred and be continuing with respect to the other party. <br> | {{gmraprov|6(j)}} If the parties have specified in {{gmraprov|Annex I}} hereto that this paragraph {{gmraprov|6(j)}} shall apply, each obligation of a party under this {{gmraprov|Agreement}} (other than an obligation arising under paragraph {{gmraprov|10}}) is subject to the [[condition precedent]] that none of those events specified in paragraph {{gmraprov|10(a)}} which are identified in {{gmraprov|Annex I}} hereto for the purposes of this paragraph {{gmraprov|6(j)}} (being events which, upon the serving of a {{gmraprov|Default Notice}}, would be an {{gmraprov|Event of Default}} with respect to the other party) shall have occurred and be continuing with respect to the other party. <br> | ||
Latest revision as of 15:11, 23 February 2020
6(j) If the parties have specified in Annex I hereto that this paragraph 6(j) shall apply, each obligation of a party under this Agreement (other than an obligation arising under paragraph 10) is subject to the condition precedent that none of those events specified in paragraph 10(a) which are identified in Annex I hereto for the purposes of this paragraph 6(j) (being events which, upon the serving of a Default Notice, would be an Event of Default with respect to the other party) shall have occurred and be continuing with respect to the other party.