Failure to Pay or Deliver - ISDA Provision: Difference between revisions
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{{fullanat2|isda|5(a)(i)|2002|5(a)(i)|1992}} | {{fullanat2|isda|5(a)(i)|2002|5(a)(i)|1992}} | ||
{{isdaprov|Failure to Pay}} under Section {{isdaprov|5(a)(i)}} if the {{isdama}}: where a party fails to pay or deliver on time and does not remedy | {{isdaprov|Failure to Pay}} under Section {{isdaprov|5(a)(i)}} if the {{isdama}}: where a party fails to pay or deliver on time and does not remedy before the grace period expires. | ||
{{failure to pay procedure}} | |||
Revision as of 09:57, 12 July 2017
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Failure to Pay under Section 5(a)(i) if the ISDA Master Agreement: where a party fails to pay or deliver on time and does not remedy before the grace period expires.
JC’s has updated the step-by-step guide to closing out an ISDA and it is now premium content. You can access it here.