Notice (of Termination Event) - ISDA Provision: Difference between revisions

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==Section 6(b) of the {{1992ma}}==
{{isdaanat|6(b)(i)}}
 
{{isdasnap|6(b)(i)}}
 
===Analysis===
Note the difficulty of practical compliance with this provision, given a sizeable ISDA portfolio, and the requirement for actively monitoring not only standard {{isdaprov|Termination Events}}, but also {{isdaprov|Additional Termination Events}}, which may be counterparty or even {{isdaprov|Transaction}}-specific.
Note the difficulty of practical compliance with this provision, given a sizeable ISDA portfolio, and the requirement for actively monitoring not only standard {{isdaprov|Termination Events}}, but also {{isdaprov|Additional Termination Events}}, which may be counterparty or even {{isdaprov|Transaction}}-specific.


[[Please be aware|Be aware]] of the {{isdaprov|notices}} provision of the ISDA, especially if you’re using a {{1992ma}} and you were thinking of serving by [[email]] - [[Greenclose|NatWest Bank]] could tell you a thing or two about tha,t as this lengthy article ([[Greenclose|here]]) explains.  
[[Please be aware|Be aware]] of the {{isdaprov|notices}} provision of the ISDA, especially if you’re using a {{1992ma}} and you were thinking of serving by [[email]] - [[Greenclose|NatWest Bank]] could tell you a thing or two about tha,t as this lengthy article ([[Greenclose|here]]) explains.
{{anat|isda}}