Template:Nutshell 2002 ISDA 5(a)(ii)

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5(a)(ii) “Breach of Agreement” means:
(1) a party fails to perform any obligation under the Agreement and doesn’t remedy the failure within 30 days of notice by the other party other than the following:

a Failure to Pay or Deliver
giving notice of a Termination Event or
not providing any necessary tax documents
any tax representations not being true

(2) a party repudiates or challenges the validity of, this ISDA Master Agreement, any Confirmation or any Transaction.

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