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| {{fullanat2|isda|5(a)(ii)|2002|5(a)(ii)|1992}} | | {{newisdamanual|5(a)(ii)}} |
| {{nuts|2002 ISDA|5(a)(ii)}}
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| A failure to perform any agreement, if not cured within 30 days, is an {{isdaprov|Event of Default}}, except for (i) those failures who have their own special {{isdaprov|Event of Default}} (ie {{isdaprov|Failure to Pay or Deliver}}, under Section {{isdaprov|5(a)(i)}}) or those that relate to tax, and which mean the party not complying will just get clipped for tax it rather would not.
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| ====It is an {{isdaprov|Event of Default}} not to supply {{isdaprov|documents for delivery}}====
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| A failure to {{isdaprov|Furnish Specified Information}} — ie those {{isdaprov|documents for delivery}} specified in {{isdaprov|Part 3}} of the {{isdama}}, adverted to in Section {{isdaprov|4(a)(ii)}} ''will'' therefore be an {{isdaprov|Event of Default}}, although you have to navigate a needlessly tortured string of clause cross references and [[double negative|double negatives]] to settle upon this conclusion.
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| ====Differences====
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| Note the addition of repudiation to the {{2002ma}}.
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| {{seealso}}
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| *{{isdaprov|Furnish Specified Information}} and sub-limb {{isdaprov|4(a)(ii)}} (documents for delivery) ''but not'' {{isdaprov|4(a)(i)}} or {{isdaprov|4(a)(iii)}} (which relate to tax documents).
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| *Section {{isdaprov|3(d)}} representations.
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