Template:ISDA Master Agreement 2002 5(a)(ii): Difference between revisions
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Amwelladmin (talk | contribs) Created page with "{{isdaprov|5(a)(ii)}} '''{{isdaprov|Breach of Agreement}}; {{isdaprov|Repudiation of Agreement}}'''. <br> :(1) Failure by the party to comply with or perform any agreement or ..." |
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{{isdaprov|5(a)(ii)}} '''{{isdaprov|Breach of Agreement}}; {{isdaprov|Repudiation of Agreement}}'''. <br> | {{isdaprov|5(a)(ii)}} '''{{isdaprov|Breach of Agreement}}; {{isdaprov|Repudiation of Agreement}}'''. <br> | ||
:(1) Failure by the party to comply with or perform any agreement or obligation (other than an obligation to make any | :(1) Failure by the party to comply with or perform any agreement or obligation (other than an <br>obligation to make any payment under this Agreement or delivery under Section {{isdaprov|2(a)(i)}} or {{isdaprov|9(h)(i)}}(2)<br> or (4) or to give notice of a {{isdaprov|Termination Event}} or any agreement or obligation under Section {{isdaprov|4(a)(i)}}, <br>{{isdaprov|4(a)(iii)}} or {{isdaprov|4(d)}}) to be complied with or performed by the party in accordance with this {{isdaprov|Agreement}} <br>if such failure is not remedied within 30 days after notice of such failure is given to the party; or <br> | ||
:(2) the party disaffirms, disclaims, repudiates or rejects, in whole or in part, or challenges the validity of, this | :(2) the party disaffirms, disclaims, repudiates or rejects, in whole or in part, or challenges the <br>validity of, this {{isdaprov|Master Agreement}}, any {{isdaprov|Confirmation}} executed and delivered by that party or any <br>{{isdaprov|Transaction}} evidenced by such a {{isdaprov|Confirmation}} (or such action is taken by any person or entity <br>appointed or empowered to operate it or act on its behalf); <br> | ||
Revision as of 10:01, 14 September 2012
5(a)(ii) Breach of Agreement; Repudiation of Agreement.
- (1) Failure by the party to comply with or perform any agreement or obligation (other than an
obligation to make any payment under this Agreement or delivery under Section 2(a)(i) or 9(h)(i)(2)
or (4) or to give notice of a Termination Event or any agreement or obligation under Section 4(a)(i),
4(a)(iii) or 4(d)) to be complied with or performed by the party in accordance with this Agreement
if such failure is not remedied within 30 days after notice of such failure is given to the party; or - (2) the party disaffirms, disclaims, repudiates or rejects, in whole or in part, or challenges the
validity of, this Master Agreement, any Confirmation executed and delivered by that party or any
Transaction evidenced by such a Confirmation (or such action is taken by any person or entity
appointed or empowered to operate it or act on its behalf);