Template:ISDA Master Agreement 1992 6(b)(iii): Difference between revisions

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(Created page with "{{isdaprov|6(b)(iii)}} '''{{isdaprov|Two Affected Parties}}'''. If an {{isdaprov|Illegality}} under Section {{isdaprov|5(b)(i)(1)}} or a {{isdaprov|Tax Event}} occurs and ther...")
 
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{{isdaprov|6(b)(iii)}} '''{{isdaprov|Two Affected Parties}}'''. If an {{isdaprov|Illegality}} under Section {{isdaprov|5(b)(i)(1)}} or a {{isdaprov|Tax Event}} occurs and there <br>are two {{isdaprov|Affected Parties}}, each party will use all reasonable efforts to reach agreement within 30 days <br>after notice thereof is given under Section {{isdaprov|6(b)(i)}} on action to avoid that {{isdaprov|Termination Event}}. <br>
:{{isdaprov|6(b)(iii)}} '''{{isdaprov|Two Affected Parties}}'''. If an {{isdaprov|Illegality}} under Section {{isdaprov|5(b)(i)(1)}} or a {{isdaprov|Tax Event}} occurs and there are two {{isdaprov|Affected Parties}}, each party will use all reasonable efforts to reach agreement within 30 days after notice thereof is given under Section {{isdaprov|6(b)(i)}} on action to avoid that {{isdaprov|Termination Event}}. <br>