Local Delivery Day - ISDA Provision

From The Jolly Contrarian
Jump to navigation Jump to search

2002 ISDA Master Agreement
A Jolly Contrarian owner’s manual

Resources and navigation

Resources Wikitext | Nutshell wikitext | 1992 ISDA wikitext | 2002 vs 1992 Showdown | 2006 ISDA Definitions | 2008 ISDA | JC’s ISDA code project
Navigation Preamble | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14
Events of Default: 5(a)(i) Failure to Pay or Deliver5(a)(ii) Breach of Agreement5(a)(iii) Credit Support Default5(a)(iv) Misrepresentation5(a)(v) Default Under Specified Transaction5(a)(vi) Cross Default5(a)(vii) Bankruptcy5(a)(viii) Merger without Assumption
Termination Events: 5(b)(i) Illegality5(b)(ii) Force Majeure Event5(b)(iii) Tax Event5(b)(iv) Tax Event Upon Merger5(b)(v) Credit Event Upon Merger5(b)(vi) Additional Termination Event

Index — Click ᐅ to expand:

Section Local Delivery Day in a Nutshell
Use at your own risk, campers!

Local Delivery Day” means, for purposes of Sections 5(a)(i) and 5(d), a day on which settlement systems in the relevant location are generally open for business so delivery can be settled by usual market practice.
view template

Full text of Section Local Delivery Day

Local Delivery Day” means, for purposes of Sections 5(a)(i) and 5(d), a day on which settlement systems necessary to accomplish the relevant delivery are generally open for business so that the delivery is capable of being accomplished in accordance with customary market practice, in the place specified in the relevant Confirmation or, if not so specified, in a location as determined in accordance with customary market practice for the relevant delivery.
view template

Related agreements and comparisons

Related Agreements
Click here for the text of Section Local Delivery Day in the 1992 ISDA
Comparisons
Template:Isdadiff Local Delivery Day

Get in touch
Comments? Questions? Suggestions? Requests? Insults? We’d love to hear from you.
Sign up for our newsletter

Content and comparisons

Template:M comp disc 2002 ISDA Local Delivery Day
Template

Summary

Template:M summ 2002 ISDA Local Delivery Day
Template

General discussion

Template:M gen 2002 ISDA Local Delivery Day
Template

See also

Template:M sa 2002 ISDA Local Delivery Day
Template

References

The many gorgeous, multi-hued variations on the business day can be enjoyed as follows:

Spoiler: the ISDA one is, by far, the best.