Template:Isda Waiting Period summ: Difference between revisions
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The {{ | The {{{{{1}}}|Waiting Period}} for {{{{{1}}}|Illegality}} (Section {{{{{1}}}|5(b)(i)}}) is three {{{{{1}}}|Local Business Days}}; for a {{isdaprov|Force Majeure Event}} ({{isdaprov|5(b)(ii)}} of the {{2002ma}} only; no such thing in the {{1992ma}}) it is 8 {{isdaprov|Local Business Days}}. |
Revision as of 13:15, 12 April 2020
The {{{{{1}}}|Waiting Period}} for {{{{{1}}}|Illegality}} (Section {{{{{1}}}|5(b)(i)}}) is three {{{{{1}}}|Local Business Days}}; for a Force Majeure Event (5(b)(ii) of the 2002 ISDA only; no such thing in the 1992 ISDA) it is 8 Local Business Days.