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| {{isdaanat|6(b)(i)}} | | {{manual|MI|2002|6(b)(i)|Section|6(b)(i)|short}} |
| Note the difficulty of practical compliance with this provision, given a sizeable ISDA portfolio, and the requirement for actively monitoring not only standard {{isdaprov|Termination Events}}, but also {{isdaprov|Additional Termination Events}}, which may be counterparty or even {{isdaprov|Transaction}}-specific.
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| [[Please be aware|Be aware]] of the {{isdaprov|notices}} provision of the ISDA, especially if you’re using a {{1992ma}} and you were thinking of serving by [[email]] - [[Greenclose|NatWest Bank]] could tell you a thing or two about that as [[Greenclose|this lengthy article]] explains — or if the world is in the grip of madness, hysteria, [[Covid-19|pandemic]] or alien invasion.
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Revision as of 13:37, 12 April 2020
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2002 ISDA Master Agreement
A Jolly Contrarian owner’s manual™
Resources and navigation
Section 6(b)(i) in a Nutshell™
Use at your own risk, campers!
Full text of Section 6(b)(i)
- 6(b)(i) Notice. If a Termination Event other than a Force Majeure Event occurs, an Affected Party will, promptly upon becoming aware of it, notify the other party, specifying the nature of that Termination Event and each Affected Transaction, and will also give the other party such other information about that Termination Event as the other party may reasonably require. If a Force Majeure Event occurs, each party will, promptly upon becoming aware of it, use all reasonable efforts to notify the other party, specifying the nature of that Force Majeure Event, and will also give the other party such other information about that Force Majeure Event as the other party may reasonably require.
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Related agreements and comparisons
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Content and comparisons
Template:Isda 6(b)(i) comp
Summary
See also
Template:M sa 2002 ISDA 6(b)(i)
References