Change of Account - ISDA Provision: Difference between revisions

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{{isdasnap|2(b)|{{isdaprov|Change of Account}}. Either party may change its account for receiving a payment or delivery by<br>
{{newisdamanual|2(b)}}
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}}