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| {{isdasnap|2(b)|{{isdaprov|Change of Account}}. Either party may change its account for receiving a payment or delivery by<br> giving notice to the other party at least five {{isdaprov|Local Business Days}} prior to the scheduled date for the payment<br> or delivery to which such change applies unless such other party gives timely notice of a reasonable objection <br>to such change.|{{isdaprov|Change of Account}}. Either party may change its account for receiving a payment or delivery by giving <br>notice to the other party at least five {{isdaprov|Local Business Days}} prior to the {{isdaprov|Scheduled Settlement Date}} for the payment or <br>delivery to which such change applies unless such other party gives timely notice of a reasonable objection to such <br>change.}} | | {{isdasnap|2(b)}} |
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| ===Commentary=== | | ===Commentary=== |
Revision as of 16:35, 18 July 2012
In gory detail
Note the new definition of Scheduled Settlement Date in the 2002 ISDA.