Template:ISDA Master Agreement 2002 9(e): Difference between revisions
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{{isdaprov|9(e)}} '''{{isdaprov|Counterparts and Confirmations}}'''. <br> | {{isdaprov|9(e)}} '''{{isdaprov|Counterparts and Confirmations}}'''. <br> | ||
:{{isdaprov|9(e)(i)}} This Agreement (and each amendment, modification and waiver in respect of it) may be executed | :{{isdaprov|9(e)(i)}} This {{isdaprov|Agreement}} (and each amendment, modification and waiver in respect of it) may be executed and delivered in [[counterpart]]s (including by facsimile transmission and by [[electronic messaging system]]), each of which will be [[deemed]] an original.<br> | ||
:{{isdaprov|9(e)(ii)}} The parties intend that they are legally bound by the terms of each {{isdaprov|Transaction}} from the moment | :{{isdaprov|9(e)(ii)}} The parties intend that they are legally bound by the terms of each {{isdaprov|Transaction}} from the moment they agree to those terms ([[whether]] orally [[or otherwise]]). A {{isdaprov|Confirmation}} will be entered into as soon as practicable and may be executed and delivered in counterparts (including by facsimile transmission) or be created by an exchange of telexes, by an exchange of [[electronic messages]] on an [[electronic messaging system]] or by an exchange of [[e-mails]], which in each case will be sufficient for all purposes to evidence a binding supplement to this {{isdaprov|Agreement}}. The parties will specify therein or through another effective means that any such counterpart, telex, [[electronic message]] or [[e-mail]] constitutes a {{isdaprov|Confirmation}}. | ||
Latest revision as of 10:32, 1 March 2017
9(e) Counterparts and Confirmations.
- 9(e)(i) This Agreement (and each amendment, modification and waiver in respect of it) may be executed and delivered in counterparts (including by facsimile transmission and by electronic messaging system), each of which will be deemed an original.
- 9(e)(ii) The parties intend that they are legally bound by the terms of each Transaction from the moment they agree to those terms (whether orally or otherwise). A Confirmation will be entered into as soon as practicable and may be executed and delivered in counterparts (including by facsimile transmission) or be created by an exchange of telexes, by an exchange of electronic messages on an electronic messaging system or by an exchange of e-mails, which in each case will be sufficient for all purposes to evidence a binding supplement to this Agreement. The parties will specify therein or through another effective means that any such counterpart, telex, electronic message or e-mail constitutes a Confirmation.