Template:Nutshell 1992 ISDA 5(a)(i): Difference between revisions
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:{{isda92prov|5(a)(i)}}. '''{{isda92prov|Failure to Pay or Deliver}}'''. Failure by a party to make any payment or delivery when due under this {{isda92prov|Agreement}} which is not remedied by the | :{{isda92prov|5(a)(i)}}. '''{{isda92prov|Failure to Pay or Deliver}}'''. Failure by a party to make any payment or delivery when due under this {{isda92prov|Agreement}} which is not remedied by the '''third''' {{isda92prov|Local Business Day}} after the party receives notice of the failure; <br> | ||
Latest revision as of 11:11, 13 March 2020
- 5(a)(i). Failure to Pay or Deliver. Failure by a party to make any payment or delivery when due under this Agreement which is not remedied by the third Local Business Day after the party receives notice of the failure;