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Inability of Head or Home Office to Perform Obligations of Branch - ISDA Provision: Difference between revisions
Inability of Head or Home Office to Perform Obligations of Branch - ISDA Provision (view source)
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{{ | {{manual|MI|2002|5(e)|Section|5(e)|medium}} | ||
In a nutshell squared: ''If an {{isdaprov|Affected Party}}’s head office is subject to a [[Force Majeure Event - ISDA Provision|Force Majeure]] or {{isdaprov|Illegality}}, It can’t be [[whack|whacked]] for not performing a branch’s obligations under the Section {{isdaprov|10(a)}} rep.'' | In a nutshell squared: ''If an {{isdaprov|Affected Party}}’s head office is subject to a [[Force Majeure Event - ISDA Provision|Force Majeure]] or {{isdaprov|Illegality}}, It can’t be [[whack|whacked]] for not performing a branch’s obligations under the Section {{isdaprov|10(a)}} rep.'' | ||