Template:Nutshell 2002 ISDA 4: Difference between revisions
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{{isdaprov|4}}. '''{{isdaprov|Agreements}}''' <br> | |||
While either party has any obligation under this {{isdaprov|Agreement}} or any {{isdaprov|Credit Support Document}}:— <br> | |||
{{Nutshell 2002 ISDA 4(a)}} | {{Nutshell 2002 ISDA 4(a)}} | ||
{{Nutshell 2002 ISDA 4(b)}} | {{Nutshell 2002 ISDA 4(b)}} |
Latest revision as of 10:19, 27 July 2022
4. Agreements
While either party has any obligation under this Agreement or any Credit Support Document:—
4(a) Furnish Specified Information. It will deliver to the other party (or to such government or taxing authority as it reasonably directs):—
- (i) any tax documents specified in the Schedule or any Confirmation;
- (ii) any other documents specified in the Schedule or any Confirmation; and
- (iii) any other document the other party reasonably requests to minimise withholding tax on any payment (and which would not materially prejudice the provider’s position), if need be accurately completed and executed and delivered as specified in the Schedule or such Confirmation or, otherwise as soon as reasonably practicable.
4(b) Maintain Authorisations. It will use all reasonable efforts to maintain all regulatory consents and licences it needs to perform this Agreement or any Credit Support Document and will use all reasonable efforts to obtain any it may need in the future.
4(c) Comply With Laws. It will comply with all applicable laws if not doing so would materially impair its performance of this Agreement or any Credit Support Document.
4(d) Tax Agreement. It will tell the other party promptly after learning that any of its Section 3(f) representations have ceased to be accurate.
4(e) Payment of Stamp Tax. Unless incurred closing out a Transaction against a Defaulting Party (as to that, see Section 11), it will pay any Stamp Tax it incurs performing this Agreement by reason of it being in a Stamp Tax Jurisdiction, and will indemnify the other party against any such Stamp Tax that that party suffers, unless the jurisdiction in question also happens to be a Stamp Tax Jurisdiction for that other party.