Template:Nutshell 2002 ISDA 10(c): Difference between revisions

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Created page with ":{{isdaprov|10(c)}} ::The {{isdaprov|Office}} through which a party enters into a {{isdaprov|Transaction}} will be specified in the {{isdaprov|Confirmation}}. If not specifie..."
 
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:{{isdaprov|10(c)}}  
:{{isdaprov|10(c)}} he {{isdaprov|Office}} through which a party enters into a {{isdaprov|Transaction}} will be specified in the {{isdaprov|Confirmation}}. If not specified, it will be that party’s head office. The specified {{isdaprov|Office}} will also be the {{isdaprov|Office}} in which that party books and makes and receives payments and deliveries under {{isdaprov|Transaction}}. Except to make a {{isdaprov|Transfer to Avoid Termination Event}} neither party may change its specified {{isdaprov|Office}} for a {{isdaprov|Transaction}} without the the other’s prior written consent. <br>
::The {{isdaprov|Office}} through which a party enters into a {{isdaprov|Transaction}} will be specified in the {{isdaprov|Confirmation}}. If not specified, it will be that party’s head office.  
::The specified {{isdaprov|Office}} will also be the {{isdaprov|Office}} in which that party books and makes and receives payments and deliveries under {{isdaprov|Transaction}}.  
::Except to make a {{isdaprov|Transfer to Avoid Termination Event}} neither party may change its specified {{isdaprov|Office}} for a {{isdaprov|Transaction}} without the the other’s prior written consent. <br>

Revision as of 08:42, 9 August 2018

10(c) he Office through which a party enters into a Transaction will be specified in the Confirmation. If not specified, it will be that party’s head office. The specified Office will also be the Office in which that party books and makes and receives payments and deliveries under Transaction. Except to make a Transfer to Avoid Termination Event neither party may change its specified Office for a Transaction without the the other’s prior written consent.