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Change of Account - ISDA Provision: Difference between revisions
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{{isdasnap|2(b)}} | {{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 | |||
to such change.|{{isdaprov|Change of Account}}. Either party may change its account for receiving a payment or delivery by giving notice to the other party at least five {{isdaprov|Local Business Days}} prior to the {{isdaprov|Scheduled Settlement Date}} for the payment or delivery to which such change applies unless such other party gives timely notice of a reasonable objection to such change.}} | |||
{{isdaanatomy}} | {{isdaanatomy}} | ||