Template:ISDA Master Agreement 2002 2(b): Difference between revisions
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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 | {{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 {{isdaprov|Local Business Days}} prior to the {{isdaprov|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.<br> | ||
Latest revision as of 14:14, 2 October 2017
2(b) 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.