Template:Code ISDA 2002 2(b): Difference between revisions

Latest revision as of 16:28, 3 January 2021

right [

who either Party

action change payment or delivery account details

how written notice to other Party

when [minimum: five] Local Business Days before Scheduled Settlement Date

condition written notice of reasonable objection from other Party to operator] edit

Revision as of 11:15, 27 December 2020 view source Amwelladmin (talk \| contribs) Bureaucrats, Interface administrators, Administrators 88,424 edits Created page with "{{isdaprov\|2(b)}} '''{{isdaprov\|Change of Account}}'''. Either party may change its account for receiving a payment or delivery by giving notice to the other party at least fi..."		Latest revision as of 16:28, 3 January 2021 view source Amwelladmin (talk \| contribs) Bureaucrats, Interface administrators, Administrators 88,424 edits No edit summary
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	{{~~isdaprov~~\|2(b)~~}} '''{{isdaprov~~\|Change of Account}}'''. Either party may change its account for receiving a payment or delivery by giving notice to the other party at least five Local Business Days prior to the Scheduled Settlement Date for the payment or delivery to which such change applies unless such other party gives timely notice of a reasonable objection to such change.		{{c-right\|template=ISDA 2002 2(b)\|format=pr}} {{edit\|15556}}

	{{pr ~~right\|label=change account details\|who={{ob\|Party: either}}\|action=change payment or delivery account details\|how={{op\|notify: written}} {{ob\|Party: other}}\|when={{op\|minimum: five~~}} {{ob\|~~Local Business Day}}s {{op\|before}} {{ob\|Scheduled Settlement Date}}\|condition={{op\|notice: written; reasonable objection}} {{op\|from}} {{ob\|Party: other}} {{op\|to}} {{ob\|Party: active}}~~ }}