Template:Isda Waiting Period summ: Difference between revisions
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The {{isdaprov|Waiting Period}} for {{isdaprov|Illegality}} (Section {{isdaprov|5(b)(i)}}) is three {{isdaprov|Local Business Days}}; for a {{isdaprov|Force Majeure Event}} ({{isdaprov|5(b)(ii)}} it is 8 {{isdaprov|Local Business Days}}. | The {{isdaprov|Waiting Period}} for {{isdaprov|Illegality}} (Section {{isdaprov|5(b)(i)}}) is three {{isdaprov|Local Business Days}}; for a {{isdaprov|Force Majeure Event}} ({{isdaprov|5(b)(ii)}} it is 8 {{isdaprov|Local Business Days}}. It shows up sometimes in other booklets — for example, ISDA’s [[Emissions Annex]]. | ||
There are no waiting periods in the {{1992ma}}. | There are no waiting periods in the {{1992ma}}. |
Revision as of 10:45, 23 June 2023
The Waiting Period for Illegality (Section 5(b)(i)) is three Local Business Days; for a Force Majeure Event (5(b)(ii) it is 8 Local Business Days. It shows up sometimes in other booklets — for example, ISDA’s Emissions Annex.
There are no waiting periods in the 1992 ISDA.