Template:Nutshell ISDA Give-Up 5(a)
5(a) Delivery and Effectiveness of Communication. All notices, requests and other communications other than Trade Notices and termination notices shall be delivered by:
- (i) mail (return receipt requested), courier or in person (provided that an acknowledgement of delivery is obtained) and deemed effective on the date delivered or delivery is attempted;
- (ii) fax (yes! fax!) and deemed effective on the date legibly received by an employee of the recipient (ie the sender’s transmission report won’t count)
- (iii) electronic messaging system or email and deemed effective on the date received.
A notice details are those specified in Part 6 of the {{prov|ISDA Give-Up|Schedule}. The parties may reasonably rely on communications they believe are genuine.