Furnish Specified Information - ISDA Provision: Difference between revisions

no edit summary
No edit summary
No edit summary
Line 5: Line 5:
Then again, nor does anyone else.
Then again, nor does anyone else.


==== Not providing {{isdaprov|documents for delivery}} is an {{isdaprov|Event of Default}} ====
{{Specified Information and Breach of Agreement}}
 
In any case, the significance of those documents is rendered by this provision: it is by dint of this that the parties agree to exchange them. A failure, therefore, to produce documents set out in {{isdaprov|4(a)(i)(ii)}} would amount to an {{isdaprov|Event of Default}} for {{isdaprov|Breach of Agreement}} under Section {{isdaprov|5(a)(ii)}}. Note that to get to this conclusion you need to follow a tortured chain of nested [[double negative|double negatives]] between clauses {{isdaprov|4(a)}} and {{isdaprov|5(a)(ii)}}.
{{Withholding under ISDA}}