Template:Nutshell 2002 ISDA 2(b): Difference between revisions

Latest revision as of 09:55, 28 March 2018

2(b) Change of Account. Either party may change its standard settlement instructions by five Local Business Days’ notice before any Scheduled Settlement Date but the other party may make reasonable objections to such a change.

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	{{isdaprov\|2(b)}} '''{{isdaprov\|Change of Account}}'''. Either party may change its [[standard settlement instructions]] by five {{isdaprov\|Local Business Days}}’ notice ~~to the other party~~ before any Scheduled Settlement Date but the other party may make reasonable objections to such a change. <br>		{{isdaprov\|2(b)}} '''{{isdaprov\|Change of Account}}'''. Either party may change its [[standard settlement instructions]] by five {{isdaprov\|Local Business Days}}’ notice before any {{isdaprov\|Scheduled Settlement Date}} but the other party may make reasonable objections to such a change. <br>