Promptly: Difference between revisions
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[[Chicken licken]]s may be aghast, but [[Jolly Contrarian|your old contrarian pal]] says “no”. | [[Chicken licken]]s may be aghast, but [[Jolly Contrarian|your old contrarian pal]] says “no”. | ||
:''[[In the event that]] Party A makes any material changes to its investment policies it [[shall]] be [[obligated]], {{strike|immediately | :''[[In the event that]] Party A makes any material changes to its investment policies it [[shall]] be [[obligated]], {{strike|immediately|as soon as reasonably practicable}}, to notify Party B. | ||
What does “immediately”, as used here, even mean? Do we expect poor benighted Party A to be in [[fundamental breach]] should it fail to advise Party B at the utter microscopic instant, measured upon an atomic clock, that the change is formally approved in the institution’s minutes? | What does “immediately”, as used here, even mean? Do we expect poor benighted Party A to be in [[fundamental breach]] should it fail to advise Party B at the utter microscopic instant, measured upon an atomic clock, that the change is formally approved in the institution’s minutes? |